Today Coinbase launches the announcement it will support Ethereum Classic (ETC)

The world’s largest cryptocurrency exchange, Coinbase, today announced will support Ethereum Classic (ETC), while Binance has added ETC / BNB and ETC / USDT trading pairs

Great news for this cryptocurrency that is already increasing by 20% after these important announcements.

Coinbase wrote on his official blog:

We are pleased to announce our intention to add support for Ethereum Classic (ETC) to Coinbase in the coming months. We are announcing this both internally and to the public consistent with our process for adding new assets.

Ethereum Classic (ETC) is currently in position number 18 among the most capitalized cryptocurrencies with a value of $ 15.72 per currency.

Coinbase has specifically explained what it intends to do for each service:

Coinbase Custody — the Custody team is planning to add support for deposits and withdrawals of Ethereum Classic. Note that Custody will likely support more assets than those available to trade on Coinbase Markets, Coinbase Pro, Coinbase Prime and Coinbase for the foreseeable future.

Coinbase Markets — the Markets team is planning to add trading support for Ethereum Classic. In accordance with our Trading Rules, all ETC books will open in post-only for a minimum of one hour. If sufficient liquidity is established, trading will then be enabled on Pro and Prime.

Coinbase Pro — the Pro team is planning to add trading support for Ethereum Classic. Note that customers who previously had an Ethereum Classic balance on the platform as a result of the 2016 Ethereum hard fork and did not elect to withdraw their funds prior to January 2017 will receive a corresponding Ethereum Classic credit.

Coinbase Prime — the Prime team is planning to add trading support for Ethereum Classic. Note that customers who previously had an Ethereum Classic balance on the platform as a result of the 2016 Ethereum hard fork and did not elect to withdraw their funds prior to January 2017 will receive a corresponding Ethereum Classic credit.

Coinbase Asset Management — any asset listed on Coinbase Markets will be added to Coinbase Index in accordance with the Coinbase Index methodology. Coinbase Index Fund will rebalance to include Ethereum Classic.

About Emanuele Brizzi 27 Articles
Emanuele is a freelance journalist, an expert in financial technology, he follows daily market trends. He graduated in economics in 2013 and has been interested in blockchain since he read about Bitcoin several years ago. The author loves to write about cryptocurrencies, his attention is focused on news that periodically emerge from new and existing projects. Email: brizzi_block@altcoinews.it

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