Convert and Swap Goldcoin GLC to United States Dollar USD
GLC/USD: 1 Goldcoin equals $0.0167 USD
Goldcoin (GLC) is not tradable on Coinbase.
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Last update: 6:57 PM, December 23, 2024
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Goldcoin is falling this week.
The current price of Goldcoin is $0.0167 per GLC. With a circulating supply of 43,681,422 GLC, it means that Goldcoin has a total market cap of $730,029.81. The amount of Goldcoin traded has fallen by $1,586.84 in the last 24 hours, which is a 7.78% decrease. Additionally, in the last day, $20,408.44 worth of GLC has been traded.
About Goldcoin
Goldcoin (GLC) is a peer-to-peer cryptocurrency that operates on a decentralized network, with no central authority managing transactions or issuing currency. Launched in 2013, Goldcoin is an open-source cash payment system that aims to scale on-chain, eliminating the need for Layer 2 solutions. It strives to enable instant payments to anyone, anywhere in the world, with or without a transaction fee. Goldcoin's blockchain operates on a proof of work (POW) algorithm, similar to other popular cryptocurrencies. Key features of Goldcoin include 2-minute block intervals, 32 MB block size, full 0-Conf support, on-chain scaling, and a 51% Defense System.
Goldcoin operates on a proof of work (POW) algorithm, which is a common consensus mechanism used in many cryptocurrencies. The Goldcoin blockchain has a 2-minute block interval and a 32 MB block size, which allows for a high transaction capacity of 1,120 transactions per second. Goldcoin also supports 0-Conf transactions, which means transactions can be considered confirmed without needing to wait for a new block to be mined. This feature, combined with the network's capacity, aims to enable instant transactions. Additionally, Goldcoin has a 51% Defense System in place to protect the network from potential attacks.
Goldcoin aims to serve as a digital cash payment system that can be used by anyone, anywhere in the world. It seeks to enable instant payments with or without a transaction fee, making it a potential solution for peer-to-peer transactions. Goldcoin's high network capacity of 1,120 transactions per second also makes it suitable for handling a large volume of transactions, which could be beneficial for businesses and merchants. Furthermore, Goldcoin's open-source nature means that developers can contribute to the project, potentially leading to new use cases and applications for the cryptocurrency.
Goldcoin was launched on May 15, 2013, on the Bitcointalk.org forum. Initially, the project faced several challenges and was eventually abandoned. However, in June 2013, a new team was organized to revive the project. Since then, the Goldcoin community has grown exponentially, with many developers contributing to the project. Goldcoin underwent several transformations, with the current client software being SegWit free and using its own proprietary difficulty adjustment algorithm called Golden River. In September 2023, a superblock containing 1,100M coins was created with a funding target of 110 years, aiming to provide long-term funding for the project.
How Goldcoin and United States Dollar differ
Goldcoin (GLC) and the US Dollar (USD) are two distinct forms of currency, each with their unique characteristics. Goldcoin, a peer-to-peer cryptocurrency launched in 2013, operates on a decentralized network, free from central authority control. It aims to enable instant payments globally, with or without transaction fees, and operates on a proof of work (POW) algorithm. Key features include 2-minute block intervals, 32 MB block size, full 0-Conf support, on-chain scaling, and a 51% Defense System. On the other hand, the US Dollar, a traditional fiat currency, is centrally regulated by the Federal Reserve and relies on the trust and confidence of its users. Transactions in USD are not instant and often involve transaction fees, especially for international transfers. Unlike Goldcoin, the US Dollar does not operate on a blockchain, lacks the transparency of a public ledger, and does not have a defense system against potential attacks. While Goldcoin seeks to serve as a digital cash payment system for anyone, anywhere, the US Dollar's use is more geographically limited and less accessible to those without traditional banking services.
Frequently asked questions
How much is 1 Goldcoin in USD?
Right now, 1 Goldcoin is worth about $0.0167.
How much GLC could I buy for 1 USD?
Based on the current rate, you could get 59.84 GLC for 1 USD.
How much has the price of Goldcoin changed?
Goldcoin price has been declining. Since yesterday, the exchange rate of Goldcoin has decreased. Since last month, the exchange rate of Goldcoin has decreased. Since this time last year, the price of Goldcoin has increased.
How do I calculate or convert GLC to USD?
You can use our GLC to USD calculator at the top of this page to convert any amount of GLC to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 299.18 GLC. Inversely, 5 GLC will cost about $0.0836
How can I buy 1 Goldcoin on Coinbase?
Goldcoin is not currently available through Coinbase, but you can sign up to get the latest news on Goldcoin and be notified when it is available.
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GLC to United States Dollar conversion tables
The exchange rate of Goldcoin is decreasing.
The current value of 1 GLC is $0.02 USD. In other words, to buy 5 Goldcoin, it would cost you $0.08 USD. Inversely, $1.00 USD would allow you to trade for 59.84 GLC while $50.00 USD would convert to 2,991.76 GLC, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 25.85%. Meanwhile, in the last 24 hours, the rate has changed by 6.5%, and that the the highest exchange rate of 1 GLC to United States Dollar was $0.0179 USD and the lowest 24 hour value was 1 GLC for $0.0132 USD. This time last month, the value of 1 GLC was $0.04 USD, which is a 54.68% increase from where it is now. Looking back a year, Goldcoin has changed by $0.01 USD.
GLC to USD performance history
Price 24H ago | Change 24H | Price 1W ago | Change 1W | Price 1M ago | Change 1M | Price 1Y ago | Change 1Y |
|---|---|---|---|---|---|---|---|
$0.0179 USD | -6.50% | $0.0225 USD | -25.85% | $0.0369 USD | -54.68% | $0.0104 USD | 72.26% |
GLC to USD
Amount | Today at 6:57 pm |
|---|---|
0.5 GLC | $0.0084 |
1 GLC | $0.0167 |
5 GLC | $0.0836 |
10 GLC | $0.1671 |
50 GLC | $0.8356 |
100 GLC | $1.6713 |
500 GLC | $8.3563 |
1,000 GLC | $16.7126 |
USD to GLC
Amount | Today at 6:57 pm |
|---|---|
0.5 USD | 29.92 GLC |
1 USD | 59.84 GLC |
5 USD | 299.18 GLC |
10 USD | 598.35 GLC |
50 USD | 2,991.76 GLC |
100 USD | 5,983.51 GLC |
500 USD | 29,917.56 GLC |
1,000 USD | 59,835.12 GLC |
Today vs. 24 hours ago
Amount | Today at 6:57 pm | 24 hours ago | 24H Change |
|---|---|---|---|
0.5 GLC | $0.0084 | $0.0089 | -6.52% |
1 GLC | $0.0167 | $0.0179 | -6.52% |
5 GLC | $0.0836 | $0.0894 | -6.52% |
10 GLC | $0.17 | $0.18 | -6.52% |
50 GLC | $0.84 | $0.89 | -6.52% |
100 GLC | $1.67 | $1.79 | -6.52% |
500 GLC | $8.36 | $8.94 | -6.52% |
1,000 GLC | $16.71 | $17.88 | -6.52% |
Today vs. 1 month ago
Amount | Today at 6:57 pm | 1 months ago | 1M Change |
|---|---|---|---|
0.5 GLC | $0.0084 | $0.0184 | -54.69% |
1 GLC | $0.0167 | $0.0369 | -54.69% |
5 GLC | $0.0836 | $0.18 | -54.69% |
10 GLC | $0.17 | $0.37 | -54.69% |
50 GLC | $0.84 | $1.84 | -54.69% |
100 GLC | $1.67 | $3.69 | -54.69% |
500 GLC | $8.36 | $18.44 | -54.69% |
1,000 GLC | $16.71 | $36.88 | -54.69% |
Today vs. 1 year ago
Amount | Today at 6:57 pm | 1 year ago | 1Y Change |
|---|---|---|---|
0.5 GLC | $0.0084 | $0.0052 | +61.10% |
1 GLC | $0.0167 | $0.0104 | +61.10% |
5 GLC | $0.0836 | $0.0519 | +61.10% |
10 GLC | $0.17 | $0.10 | +61.10% |
50 GLC | $0.84 | $0.52 | +61.10% |
100 GLC | $1.67 | $1.04 | +61.10% |
500 GLC | $8.36 | $5.19 | +61.10% |
1,000 GLC | $16.71 | $10.37 | +61.10% |
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