About BitConnect (BCC)
Market Capitalization$14.04 million
Coin or TokenCoin
Number of Exchanges5
Official Website (Alt)N/A
Message Board (Alt)N/A
BitConnect (BCC) Frequently Asked Questions
What is BitConnect?
Bitfinex introduced trading on Chain Split Tokens (CST). The first such product of its kind, CSTs will allow Bitfinex customers to speculate on future fork events of the Bitcoin blockchain, specifically, the potential fork between Bitcoin Core and Bitcoin Unlimited. They have designated these CSTs as BCC (Bitcoin Core) and BCU (Bitcoin Unlimited). CSTs will trade as BTC and USD pairs, initially without margin and they will reevaluate that decision if there is sufficient liquidity. Users will be able to create CSTs by “splitting” a bitcoin through the Token Manager (located in the Order Type drop down menu of the sidebar order ticket). Once split, the BTC will be removed from their account for each BCC and BCU added. Through the same Token Manager, users will be able to reverse this process at anytime, trading in equal numbers of BCC and BCU to extract BTC. If no fork occurs by December 31, 2017, then BCU will expire worthless and BTC will be given in exchange for each BCC holder. If, however, there is a fork, specifically Bitcoin Unlimited, then, as soon as they list Bitcoin Unlimited, they will exchange BCU tokens for Bitcoin Unlimited tokens as well as retiring BCC tokens in favor of Bitcoin Core tokens. More detailed information can be found in the Chains Split Token Terms and Conditions. They are planning a few additional enhancements including a realtime display of total CSTs as well as segregated cold storage for the bitcoins that have been split, which we will periodically settle to and from their hot wallet. (Description provided by CryptoCompare)
What exchanges can I buy or trade BitConnect on?
How do I buy BitConnect?
It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including BitConnect.
Where can I get BitConnect wallet?
BitConnect produces its own wallet software that is available for download on its website, which allows you to store BitConnect on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of BitConnect?
One BitConnect (BCC) is currently worth $1.49 on major cryptocurrency exchanges. You can also exchange one BitConnect for 0.00017500 bitcoin(s) on major exchanges. The value (or market capitalization) of all available BitConnect in U.S. dollars is $14.04 million.
What hashing algorithm does BitConnect use?
BitConnect is a proof of work (PoW) coin that uses the Scrypt algorithm.
How do I mine BitConnect?
BitConnect and other Scrypt coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Butterfly Labs, Canaan (AvalonMiner), FutureBit and GridSeed. ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to BitConnect?
The following coins use BitConnect's Scrypt algorithm and proof of work (PoW) proof-type: Litecoin, Verge, Bytom, Dogecoin, Syscoin, Matrix AI Network, GameCredits, Polymath, CyberMiles, Einsteinium, Viacoin, Gulden, BridgeCoin, Presearch and Voxels.
What is the Reddit page for BitConnect?
The official Reddit community (subreddit) for BitConnect is N/A.
MarketBeat Community Rating for BitConnect (BCC)MarketBeat's community ratings are surveys of what our community members think about BitConnect and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
BitConnect (BCC) Price Chart for Friday, April, 20, 2018
BitConnect (BCC) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as BitConnect. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "BitConnect Coin" over the last 90 days.
BitConnect (BCC) News Headlines