On August 4th Coinbase had announced in on their blog that they will be listing Ethereum Classic (ETC) on their exchange soon. The deadline given by CoinBase for the same is 7th August. The news was welcomed by the ETC community and ETC saw its price value increase to $16.61 from its trading at $14.51 the previous day.
Moreover, Robinhood – the commission-free trading exchange based out of US has also started ETC trading. The combined listing of ETC on both CoinBase and Robinhood briefly caused Ethereum Classic to become the 10th most valuable cryptocurrency with a market capitalization of $2.1 Billion and trading amount of $20.34.
You can now invest in Ethereum Classic on Robinhood Crypto, commission-free. https://t.co/PAidMUpbYq
— Robinhood (@RobinhoodApp) August 6, 2018
Ethereum Classic (ETC) is showing strong upward trend ever since the news of CoinBase listing was announced. The cryptocurrency community believes that ETC will pump around $25-30 before going down.
I can't imagine what's going on in someones mind to sell Ethereum Classic right now.. Amazing.. It definitely pump somewhere 25-30usd when Coinbase opens trading or am I missing something here, lol. #ethereumclassic #etc $etc
— EElbing (@Elbing5) August 5, 2018
Key Highlights of ETC listing
- ETC got a big boost after Coinbase and Robinhood added the asset to their trade offering.
- ETC trading is live on Robinhood currently.
- Coinbase is still security testing the ETC chain and expects the trading to go live within 48 hours.
- Coinbase Custody, Markets, Pro, Prime, Asset Management, Consumer all will support ETC trading.
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