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Team Of Coinbase Adds Ethereum Classic Cryptocurrency To Listing

Published: 08/08/2018
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Up-to-date Blockchain and cryptocurrency news. Be the first to know!

What is it for?

The team of the Coinbase crypto exchange reported in the official blog of the company on the addition of the Ethereum Classic (ETC) cryptocurrency to the listing.

 

Customers can send ETC to their accounts. Trading will be available within the next few days. Specialists of the crypto exchange have been carrying out final checks of Ethereum Classic support for the last few days and successfully completed them on Tuesday, August 7.

 

ETC will be launched primarily on the Coinbase Pro and Coinbase Prime trading platforms. They were created after the separation of the GDAX crypto exchange for the convenience of depositors. The first one is suitable for individual investors, the second one – for institutional. The representatives of Coinbase Prime will contact the latter to provide consulting services.

 

The ETC launch will take place in several stages. At each of them, the specialists of the trading platform will keep an eye on the order books in ETC pairs with the dollar, bitcoin, and euro. In case of doubt about the status of the order books, the exchange team reserves the right to suspend trading.

 

The representatives of Coinbase report on numerous requests from customers to add new assets to the listing. The support of Ethereum Classic is just the beginning. Currently, the company's experts consider some other cryptocurrencies for listing purposes and urge users to follow the announcements on the blog.

 

According to CoinMarketCap, as of August 8, 13:33 (UTC), Ethereum Classic ranked 11th with a market capitalization of $1.68 billion and a value of $16.23.

 

Source: CoinMarketCap

 

As previously reported, Ethereum Classic was added to Robinhood, the app for easy access to the exchange trading. Besides, the Coinbase representative Mike Lempres stated that the company has renewed its operating license in Wyoming.

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Coinbase ETC Ethereum Classic
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