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  3. Nigerian Naira (NGN) to Ethereum Classic (ETC)

Convert
Nigerian Naira (NGN) to Ethereum Classic (ETC) Instantly

NGN NGN
ETC ETC
Buy Ethereum Classic (ETC)

Purchase Ethereum Classic (ETC) with Nigerian Naira (NGN) easily at Switchere and benefit from fast, secure transactions.

About
Ethereum Classic (ETC)

Ethereum Classic (ETC) is the continuation of the original Ethereum blockchain, steadfastly upholding the principle of immutability following the 2016 DAO hack, which led to the network split. This decentralized network maintains its commitment to a Proof-of-Work (PoW) consensus mechanism, currently utilizing the Etchash algorithm, to ensure robust cryptographic security and validate transactions on its digital ledger. As a foundational smart contract platform, Ethereum Classic supports the development and execution of decentralized applications (dApps), providing a permissionless environment for developers to build a wide array of on-chain solutions and leverage its Turing-complete virtual machine. The native ETC token is essential for the ecosystem, primarily serving as gas to pay for transaction fees and computational resources required for smart contract operations and peer-to-peer transfers within this Web3 infrastructure.

Beyond its utility for network operations, ETC's tokenomics are designed with a fixed supply cap, established through ECIP-1017, aiming to position it as a sound digital asset with deflationary characteristics over time, differentiating it from Ethereum's (ETH) evolving monetary policy. Ethereum Classic continues to champion the "code is law" philosophy, offering a resilient and censorship-resistant platform for various DeFi applications and digital assets. It represents an important alternative within the broader blockchain technology landscape for users and developers who prioritize unwavering chain integrity and the proven security model of Proof-of-Work for their decentralized solutions and cryptographic security needs, standing as a testament to on-chain persistence.

Ethereum Classic (ETC)

How to Buy Ethereum Classic (ETC)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose NGN to ETC Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your Ethereum Classic Wallet Address

    Provide your ETC wallet address and proceed with the payment.

  3. 03

    Receive Your Ethereum Classic

    Complete the payment, and your ETC will be sent to your wallet.

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DASH
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FET
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FIL
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FLOKI
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GALA
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GNO
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ONE
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HBAR
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HOT
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HOOK
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ICX
NGN
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ILV
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IMX
NGN
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INJ
NGN
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ICP
NGN
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IOST
NGN
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IOTX
NGN
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JASMY
NGN
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JST
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KAVA
NGN
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KCS
NGN
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KSM
NGN
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KNC
NGN
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LDO
NGN
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LQTY
NGN
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LPT
NGN
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LOOKS
NGN
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LRC
NGN
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LUNA
NGN
to
MKR
NGN
to
MASK
NGN
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EGLD
NGN
to
ALICE
NGN
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NEAR
NGN
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XEM
NGN
to
NEXO
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NOT
NGN
to
NMR
NGN
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OKB
NGN
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OMG
NGN
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ONT
NGN
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EDU
NGN
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OP
NGN
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OGN
NGN
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CAKE
NGN
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PAXG
NGN
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PENDLE
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DOT
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NGN
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QTUM
NGN
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QNT
NGN
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RDNT
NGN
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XRD
NGN
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RVN
NGN
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REN
NGN
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RSR
NGN
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RLC
NGN
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RPL
NGN
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SFP
NGN
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SHIB
NGN
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SKL
NGN
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SXP
NGN
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STND
NGN
to
STG
NGN
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XLM
NGN
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GMTBSC
NGN
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STORJ
NGN
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STMX
NGN
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SUSHI
NGN
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SNX
NGN
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USDTPOL
NGN
to
USDTAVAC
NGN
to
USDTBEP20
NGN
to
USDT20
NGN
to
USDTSOL
NGN
to
USDTNEAR
NGN
to
USDTXTZ
NGN
to
USDTTRC20
NGN
to
USDTTON
NGN
to
XTZ
NGN
to
GRT
NGN
to
SAND
NGN
to
TFUEL
NGN
to
THETA
NGN
to
RUNE
NGN
to
TONCOIN
NGN
to
TUSDBSC
NGN
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TUSDTRX
NGN
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TWT
NGN
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UOS
NGN
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UMA
NGN
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UNI
NGN
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USDCPOL
NGN
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USDCSOL
NGN
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USDCOP
NGN
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USDCBSC
NGN
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USDCAVAC
NGN
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USDCARB
NGN
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USDC
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VET
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VRA
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WAXP
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WOO
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WLD
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WBTC
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WMINIMA
NGN
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XDC
NGN
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YFI
NGN
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YGG
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ZIL

Frequently asked questions

  • What exactly is the NGN/ETC trading pair and how does it function?

    The NGN/ETC pair represents a direct fiat on-ramp, allowing you to purchase the digital asset Ethereum Classic (ETC) using the Nigerian Naira (NGN). On a cryptocurrency exchange, this pair's price indicates how many NGN are needed to buy one ETC. It facilitates entry into the Ethereum Classic ecosystem, known for its commitment to immutability and the original 'code is law' philosophy following the DAO fork.

  • What are the most common payment methods in Nigeria to buy ETC?

    In Nigeria, purchasing Ethereum Classic often involves Peer-to-Peer (P2P) trading platforms due to banking regulations. On these platforms, you can use NGN bank transfers to buy ETC directly from other users. Some international exchanges also offer NGN deposits via methods like bank transfer or third-party payment providers, but P2P remains a highly popular and accessible fiat gateway. Always ensure you complete KYC/AML compliance on any platform you use.

  • What makes Ethereum Classic's Proof-of-Work (PoW) mechanism significant for users?

    Ethereum Classic's adherence to a Proof-of-Work (PoW) consensus, specifically the ETChash algorithm, provides robust security and decentralization. Unlike Proof-of-Stake systems, PoW requires computational work to validate transactions, making the network highly resistant to censorship and attacks. This security is fundamental for the reliable execution of smart contracts and decentralized applications (dApps) on the original, immutable Ethereum chain.

  • What kind of fees should I expect when trading NGN for ETC?

    When converting NGN to ETC, anticipate several potential fees. First, the cryptocurrency exchange or P2P platform will charge a trading fee, typically a small percentage of the transaction value. Second, there might be a deposit fee for funding your account with NGN. Finally, when you withdraw your ETC to a secure, non-custodial digital wallet, you will pay a network transaction fee (gas). ETC's gas fees are generally more affordable compared to the Ethereum mainnet.

  • How can I securely store my Ethereum Classic after purchase?

    For optimal security, it's crucial to move your ETC from the exchange to a non-custodial digital wallet where you control the private keys. Options include hardware wallets (like Ledger or Trezor) for the highest level of security, or reputable software wallets (mobile or desktop). Leaving your digital assets on an exchange exposes them to platform-specific risks. Managing your own keys ensures true ownership of your ETC on the blockchain.
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