Coinbase announces ethereum classic

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The announcement and the launching of ETC on their official live trading list of coins will come as the fifth step in their process of adding new coins to their exchange, after which Ethereum Classic should get an official listing on Coinbase. Coinbase added that the final date when ETC will become available on their list is still to be announced. After having the Coinbase listing announced two weeks ago, Ethereum Classic was brought to attention when ETC got two more listings which were announced several days ago.

On June 22 nd , the announcements on having Ethereum Classic listed on CoinBene and Novaexchange went in public on Twitter, which added more momentum to the story of Ethereum Classic getting announced to be listed on Coinbase.

Novaexchange and CoinBene are no Coinbase that is for certain. For example, Novaexchange was brought into question for more than several times during the last year when it was doubted that this exchange was actually a scam. Since these allegations seem to have not gone further than being false accusations, Novaexchange is still successfully operating, while based in Sweden.

CoinBene, based in Singapore, is another one of the announced listings for June, which might contribute to the overall exposure of ETC in the market. The decentralized exchange dubbed RADEX was entirely manufactured by Saturn Network, with the launching date set the latest for June 24th, while the team ETC released the decentralized platform as previously scheduled. RADEX will be the first decentralized exchange based for the operations with ERC tokens, however, the platform will not only be handling transactions but will also have the needed tools to ensure easy interacting with smart contracts.

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Hiro Yamagata. Connect with us. Share Tweet. Coinbase has announced that the platform will aim to add Ethereum Classic Support in the coming months, with the engineering work for Ethereum Classic support beginning now. The announcement of integration in advance, according to the Coinbase Blog, is to remain consistent with step three and four of the official Coinbase process for adding new assets.

The integration of Ethereum Classic into the list of tokens supported by Coinbase will not occur immediately — Coinbase states that customers will begin to see public-facing APIs and other signs that the asset is being added to the platform while engineering work expands:. Ethereum Classic, when integrated, will be available across the entire spectrum of Coinbase products — Coinbase Markets will add trading support for Ethereum Classic, and if ETC books achieve sufficient liquidity within a one-hour post-only opening, ETC trading will be available on Coinbase Pro and Prime, as dictated by Coinbase trading rules.

Coinbase Custody will add support for Ethereum Classic deposits and withdrawals, with Coinbase hinting that their custody service may offer a wider range of tokens than other Coinbase services:. Access more crypto insights and context in every article as a paid member of CryptoSlate Edge. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article.

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