How to buy Ethereum Classic (ETC) in the UK

Learn how to buy Ethereum Classic (ETC) on 5+ crypto exchanges in our step-by-step guide.

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Cryptoassets are highly volatile and unregulated in the UK. No consumer protection. Capital gains tax on profits may apply.

Ethereum Classic (ETC) is the 27th largest cryptocurrency by market cap, valued at US$2,397,090,082.

Ethereum Classic is a highly volatile asset capable of major price swings in a single day. Today ETC is trading for $16.96 USD, which is higher than yesterday's trading price of $16.52 USD. Over the past year, Ethereum Classic's price has seen a decrease of -21%.

So before you buy Ethereum Classic, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy Ethereum Classic.

How to buy Ethereum Classic in 4 steps

The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.

  1. Compare crypto exchanges
    The easiest way to buy Ethereum Classic is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
  2. Create an account
    To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy Ethereum Classic
    You can now exchange your funds for Ethereum Classic. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your Ethereum Classic to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy Ethereum Classic in the UK

Find an exchange to buy, sell and trade ETC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
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Name Product Deposit methods Fiat Currencies Cryptocurrencies Offer Disclaimer
Finder Award
eToro UK Cryptoasset Investing
Bank transfer, Credit card, Debit card, Neteller, PayPal, Skrill, eToro Money
EUR, GBP, NZD, USD, AUD, CAD, HKD, SGD, CHF, NOK

76
cryptocurrencies

Finder Award
Kraken Cryptocurrency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, Apple Pay, Google Pay, SWIFT
USD, EUR, GBP, JPY, CAD, CHF, AUD, AED

222
cryptocurrencies

OFFER
Coinbase Digital Currency Exchange
Bank transfer, Credit card, Cryptocurrency, Debit card, PayPal
USD, EUR, GBP, CAD, MXN, HRK, CZK, DKK, CLP, BGN

255
cryptocurrencies

Get £5 free with your first trade. T&Cs apply.
EXCLUSIVE
Kriptomat Cryptocurrency Exchange
Credit card, Neteller, SOFORT, Skrill, SEPA
EUR, USD, GBP, BGN, HRK, CZK, HUF, PLN, SEK, TRY

347
cryptocurrencies

Sign up with code FINDER15 and get EUR 15 in BTC the first time you spend over EUR 100. T&Cs apply.
Revolut Cryptocurrency App
Bank transfer, Debit card, Apple Pay, Google Pay
GBP, USD, EUR, CAD, NZD, JPY, HKD, NOK, DKK & 9 more

98
cryptocurrencies

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How we keep this Ethereum Classic guide up-to-date

  • ETC price data is regularly updated through data feeds so you always have the latest information.
  • Ethereum Classic performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy Ethereum Classic?

Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in the UK to help you choose the one that's right for you.

Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.

What will I need to buy Ethereum Classic?

To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.

An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading Ethereum Classic.

  • This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
  • Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing ETC with your local currency then you will need to pass KYC.
  • Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.

What is the easiest way to buy Ethereum Classic?

The easiest way to buy ETC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.

Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.

Before buying ETC, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of Ethereum Classic has been performing recently.

Best Ethereum Classic wallets to store your ETC

You can keep your ETC on the exchange you purchased it on, or move it to a personal wallet:

  • Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
  • Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your ETC below.

Ledger Nano X Wallet

Trezor Model T Wallet

Go to site
Go to site

Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is Ethereum Classic a good investment?

Before deciding whether or not to invest in ETC, it is vital you understand a few of the factors that may influence the price of the coin:

  • Proof-of-work. After the 2016 fork, Ethereum switched to a proof-of-stake mechanism, which involves users locking up tokens on the network to validate transactions. However, Ethereum Classic maintains a proof-of-work consensus mechanism, which works much like mining bitcoin. This means you cannot stake your ETC for additional rewards and that the cryptocurrency places a higher strain on the environment than alternatives.
  • Competition with Ethereum. Ethereum Classic exists in a very tight market space, much of which is already taken up by its sibling, Ethereum (ETH). If you do decide to purchase ETC, it is imperative you understand how it differs from Ethereum. Otherwise, it would likely make more sense to invest in Ethereum due to its much higher use-case, adoption and market cap.
  • Hacks. After Ethereum Classic split from Ethereum in the first place due to a hack, it has been on the receiving end of a number of other exploits. In the month of August 2020 alone, the network encountered three separate 51% attacks which resulted in hackers making away with millions worth of ETC. A number of exchanges reacted by removing Ethereum Classic from their platforms.

Today's Ethereum Classic price versus ATH

Compare today's price of Ethereum Classic ($16.96 USD) against its all-time-high price of $167.09 USD on 06 May 2021. The closer the bar is to 100%, the closer ETC is to reaching its ATH again.

Ethereum Classic's price: $16.96
ATH date: May 06, 2021
10.15%

Ethereum Classic ATH: $167.09


How to trade, convert or sell Ethereum Classic

You can convert or sell your ETC with the same exchange you bought it through:
  1. Sign in to the exchange you have ETC on.
  2. If you store your Ethereum Classic in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of ETC you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of Ethereum Classic.
  6. Complete your transaction and move your ETC to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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