Coinbase, the United States' largest cryptocurrency exchange and wallet platform, has announced its intention to add Ethereum Classic on its trading platform. "We are announcing this both internally and to the public consistent with our process for adding new assets".
Per the process of adding new coins to the exchange, the Coinbase team will now begin the engineering work required for supporting Ethereum Classic. The exchange says that it will be included first on Coinbase Custody, which is where customers will be able to make deposits and withdrawals.More news: Uber driver who booted 2 kissing women has license suspended
Despite its relatively low market cap compared to other assets on the platform, ethereum classic is a logical choice since Coinbase is already holding ETC for many of its customers as a byproduct of the Ethereum network split that divided the blockchain into ETH and ETC. Ethereum was only supported by GDAX during the hard fork and before that until July 2016.
"LOL at people that don't trust Facebook with their data but trust @coinbase". Due to a philosophical disagreement within the community, the hard fork ended up creating two coins - Ethereum and Ethereum Classic. A day ago, Binance listed TRX/USDT pair as support to Tron's Main Net migration.
"This will undoubtedly bring a new level of visibility to Ethereum Classic, which is a decentralized smart contract platform similar to Ethereum".More news: Jeff Horn Misses Weight Against Crawford At First Attempt
"#Binance Adds #ETC/BNB and $ETC/USDT Trading Pairs."After the catapult gain, ETC is now trading at $15.59 with a market cap of $1.59 billion. In the prolonged bear market we are now in, this is a huge gain. It's also worth repeating that Coinbase Markets, Coinbase Pro and Coinbase Prime will likely have more assets listed on the platform than the Coinbase platform, i.e. listing on Coinbase Markets does not guarantee listing on Coinbase.
At the time of this writing, ETC is trading at $16.05 up roughly 23.84 percent over the last 24 hours - making ETC one of the best performing cryptocurrencies for the day. Ranking at the 16th position, BNB is now trading at $16.03 with a market cap of $1.82 billion.More news: Meghan Markle's Plus-Size Doppelganger Leaves Internet in Awe