CTC

Creditcoin price

CTC
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3.6/5
CyberScope
3.6
06/17/2024
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USD
USD
$0.43870
-4.16%
1h
24h
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Creditcoin price live data

The current price of Creditcoin is $0.43870. Since 00:00 UTC, Creditcoin has decreased by -4.15%. It currently has a circulating supply of 313,628,928 CTC and a maximum supply of 599,999,997 CTC, giving it a fully diluted market cap of $137.15M. At present, Creditcoin holds the 164 position in market cap rankings. The Creditcoin/USD price is updated in real-time.

Creditcoin price performance in USD

Time periodChange amount%Chg
Today-$0.01900 -4.16%
7 days-$0.18950 -30.17%
30 days-$0.29150 -39.93%
3 months-$0.26610 -37.76%

Creditcoin market information

24h low/high
The highest, lowest, and last prices in 24 hours
24h low$0.40600
Last price $0.43870
24h high$0.49110
Heat index ranking
141
Market cap ranking
164
Market cap
$137.15M
Favorited rate
Percentage of users who favorited this asset to all users
0.56%
All-time high
$9.1200
-95.19% (-$8.6813)
Mar 14, 2021 (3 years ago)
All-time low
$0.12810
+242.46% ($0.31060)
Oct 19, 2023 (8 months ago)
ICO date
02/04/2020
ICO price
The price at which this crypto was first traded
$0
Circulating supply
The amount of this crypto that is publicly available in the market
313,628,928 CTC
Market cap at circulating supply
Market cap = Circulating supply × Last price
$262.38M
Audits
The audit data comes from partners that we have integrated with via API. Our partners conduct security assessments on the provided source code.
CertiK
Last audit: 05/19/2022

About Creditcoin (CTC)

CreditCoin (CTC) is an advanced decentralized cryptocurrency project built on the foundations of blockchain technology. The protocol aims to revolutionize financial transactions by providing a secure, fast, and efficient platform that eliminates the need for intermediaries. 

With a specific focus on the lending and borrowing market, CreditCoin aims to cater to the needs of individuals and businesses seeking convenient and streamlined access to loans for operational purposes. 

What is CreditCoin

CreditCoin is a project that leverages a distributed ledger maintained by a network of nodes to record transactions. Unlike traditional financial systems, CreditCoin provides additional security and transparency. Transactions on the network are validated and processed in a decentralized manner, ensuring the integrity and reliability of the system.

Built with user-friendly technology, CreditCoin enables fast and seamless transactions. It offers the benefits of low transaction fees and high-speed processing, making it an attractive choice for individuals seeking an efficient and cost-effective solution for their financial transactions.

The CreditCoin team 

CreditCoin was jointly founded by Aella and Gluwa, with Gluwa as the technology provider and Aella as the initial distributor. Gluwa is made up of a talented and diverse team of industry experts who possess extensive experience in the fields of cryptocurrency and blockchain. 

Leading the team is Tae Oh, who plays a key role in the project's development. Scott Hasbrouck holds the positions of CEO at Gluwa and VP of Engineering. Sung Choi is the Vice President of Investment, while Vladimir Kouznetsov is the Lead Blockchain Architect.

How does CreditCoin work

CreditCoin operates on a permissionless blockchain, enabling a borderless credit network to facilitate financial transactions. The network involves four main parties: lending pools (LPs), fundraisers, borrowers, and other participants.

CTC: CreditCoin's native token

CTC is the native token of the CreditCoin project, serving multiple functions within the ecosystem. Its primary use is for covering transaction fees and mining rewards. Additionally, CTC operates through a unique token usage mechanism, which is utilized to settle transaction fees for every communication or update issued by the CreditCoin network.

CTC tokenomics 

CreditCoin's tokenomics are designed to support the operation and growth of the network. The total supply of CTC tokens is 599,999,997, with 227,464,279 tokens currently in circulation.

CTC is the mainnet token and is vital to the network's functioning. It is used for settling transaction fees and providing rewards to miners. The network also utilizes another token called G-CRE, which operates alongside CTC to enable specific functions within the ecosystem.

CTC use cases 

The CTC token serves various use cases within the CreditCoin ecosystem. These include offering staking privileges, allowing users to earn rewards through staking their CTC tokens.

 Additionally, the CTC token is used to pay transaction fees, providing a means for users to conduct transactions on the network. Furthermore, CTC token holders can participate in the governance of the CreditCoin ecosystem by using their tokens to vote on specific upgrades and proposals.

CTC distribution

The distribution of CTC tokens is allocated among four key participants within the network: 

  • Seventy percent of the tokens are allocated to CreditCoin miners, who utilize the funds to support the network, run contracts, and maintain the blockchain.
  • Fifteen percent is directed to Gluwa for deployment, research and development, marketing, distribution, administration costs, and business development.
  • Ten percent of the tokens are distributed to partners involved in network development, business development, and support.
  • Five percent is allocated to the CreditCoin Foundation.

CTC FAQ

What is CreditCoin? 

CreditCoin (CTC) is an interoperable lending protocol that runs on blockchain. The protocol brings lenders and borrowers together who will register for matching loan condition requirements. The platform seeks to support a borderless credit network. 

What are the benefits of CreditCoin? 

CreditCoin lowers the cost of risk assessment and verification by creating a blockchain that will record on-chain credit transaction events. The lenders can also access the credit history, assess the level of risk and make informed decisions. 

Where can I buy CreditCoin?

Easily buy CTC tokens on the OKX cryptocurrency platform. One available trading pair in the OKX spot trading terminal is CTC/USDT.

Swap your existing cryptocurrencies, including XBitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), for CTC with zero fees and no price slippage by using OKX Convert.

How much is Creditcoin worth today?
Currently, one Creditcoin is worth $0.43870. For answers and insight into Creditcoin's price action, you're in the right place. Explore the latest Creditcoin charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as Creditcoin, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Creditcoin have been created as well.
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