Published: Fri, April 13, 2018
Markets | By Erika Turner

Terracoin Price Hits $0.12 on Major Exchanges (TRC)

Terracoin Price Hits $0.12 on Major Exchanges (TRC)

One United Bitcoin coin can now be purchased for $12.30 or 0.00178395 BTC on exchanges including Quoine, ACX, Qryptos and AEX.

Bitcoin (BTC) traded down 0.7% against the dollar and now trades at $6,743.31 or 1.00000000 BTC.

Investors who sold or even traded bitcoin previous year owe taxes since the IRS views cryptocurrencies as property, meaning transactions are generally taxed.

Tether (USDT) traded 0.2% lower against the dollar and now trades at $1.00 or 0.00014956 BTC.

Crown (CRW) traded 1.8% lower against the dollar and now trades at $1.09 or 0.00016191 BTC.

IOTA (MIOTA) traded 2.8% lower against the dollar and now trades at $0.98 or 0.00014505 BTC.

C-Bit (XCT) traded down 5.6% against the dollar and now trades at $0.0009 or 0.00000013 BTC. One Rustbits token can now be bought for approximately $0.0147 or 0.00000217 BTC on major exchanges.

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Ontology (ONT) traded down 0.2% against the dollar and now trades at $3.56 or 0.00053379 BTC.

VeChain (VEN) traded up 0.7% against the dollar and now trades at $2.52 or 0.00037829 BTC. Bitcoin Red maximum coins available are 21.00 million.

TRC is a proof-of-work (PoW) coin that uses the SHA-256 hashing algorithm.

Earlier this morning, Bitcoin price surprisingly soared by over $1,000, even surpassing the $8,000 mark at one point. Terracoin's official Twitter account is @terracoin_TRC.

According to CryptoCompare, "Terracoin (abbreviated TRC) is a peer to peer decentralized currency based on Bitcoin".

Traders who had bet against the cryptocurrency were forced to buy back into the market. It is not possible to purchase United Bitcoin directly using U.S. dollars. Investors seeking to acquire Rustbits must first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Bitcoin 21 using one of the exchanges listed above.

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