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What Wallet Should be Used for Ethereum Classic (How High Can Ethereum Classic Rise)?

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What wallet should be used for Ethereum Classic? What wallet should be used for

What Wallet Should be Used for Ethereum Classic (How High Can Ethereum Classic Rise)?

What wallet should be used for Ethereum Classic? What wallet should be used for Ethereum Classic?

According to the Ethereum browser, Ethereum Classic can be stored on any website and cannot be used with external addresses. If users want to send transactions or transfer Ethereum Classic, they need to use a decentralized application and add these applications to the Ethereum Classic network. Since the Ethereum blockchain itself is fully upgradable, permissionless, and resistant to censorship, Ethereum Classic can now be transferred in two ways: by directly extracting tokens from exchanges or by converting ETH into other digital assets (including ERC20 or TRC-20) and transferring funds to other people. (Reference link)

How high can Ethereum Classic rise?

How high can Ethereum Classic rise?

Looking at the current market, the prices of Bitcoin and Litecoin have started to rise. However, due to recent market fluctuations, many investors, instead of having a bearish view on Ethereum, choose to hold Ethereum Classic spot or buy other digital currencies. This part of the funds may be locked, but if you are optimistic about cryptocurrencies in the long term, it is recommended not to invest.

First, there is gold because the rise in the price of gold increases its safe-haven property. Second, Ethereum Classic is a very mature technical project with no major issues and prominent technical features. In addition, Ethereum Classic has high security and scalability advantages, can support various applications, and become an important part of the next generation blockchain infrastructure. Furthermore, its stability mechanism prevents people from directly benchmarking it against fiat currencies like the US dollar, and it does not rely on any centralized intermediary institutions. These characteristics make it easy for people to accept Ethereum as a payment method, and using Ethereum Classic for transactions is also straightforward.

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