ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home News

Coinbase to accept Ethereum Classic (ETC) deposits from August 7

Sheenam Khuttan by Sheenam Khuttan
August 6, 2018
in News
0
Coinbase | ETC | Ethereum Classic | Listing
0
SHARES
54
VIEWS
Share on FacebookShare on Twitter

 

Coinbase, the cryptocurrency exchange and wallet service provider has announced that they are almost ready to offer support for Ethereum Classic (ETC) is almost ready to offer support for th coin on its different platforms. A statement published on its official blog and on its official Twitter account on Friday has soared the excitement level throughout the industry.

The Blog mentions that they are making this announcement in sync with their process for adding new assets. The engineering team has begun the final testing and it is expected to be completed by 7th August.

“We expect final testing to be completed by Tuesday, August 7, at which point we will announce that we’re ready to accept inbound transfers of ETC. We intend to allow 24–48 hours of inbound transfers through Coinbase Pro and Coinbase Prime before enabling trading.”

Although the exchange platform claims that the date is as per their best estimate, further updates regarding he listing status of ethereum classic will be provided. The announcement also entailed some details regarding the ethereum classic support for various Coinbase services that they offer, although this support will be implemented incrementally.

Coinbase Custody—  support for inbound transfers and withdrawals of ETC will be added.

Coinbase Markets- Trading support for ETC will be added. Trading will be allowed 24–48 hours of transfers through Coinbase Pro and Prime before opening the markets. In accordance to the platform’s trading policy ethereum classic books will be opened for a minimum of 10 mins. Trading on Pro and Prime will be activated once sufficient liquidity is established.

Coinbase Pro and Coinbase Prime the Pro and Prime will have respective trade support for ETC.

Coinbase Asset Management In accordance with the Coinbase Index Methodology, any listed asset on Coinbase Markets will be added to Coinbase Index and the Coinbase Index Fund will rebalance to include ETC.

Coinbase Consumer The support for ETC will only be added on Coinbase Consumer when sufficient liquidity will be established.The assets will list only after they are listed on Coinbase Pro and Prime, which should take approximately 1–2 weeks after the commencement of  trading on Pro and Prime.

Once fully listed, ETC will be available in all geographies, where Coinbase is available, subjective to the availability dictated by Coinbase platform trading rules. After a bout of harsh criticism and a class action lawsuit over accusations of insider trading during last December’s bitcoin cash listing, Coinbase has implemented a comprehensive information announcement policy to invite trust and to enhance transparency.

Read more: Coinbase Users Can Convert Cryptos to e-Gifts, Cryptos Get a Boost

 

KryptoMoney.com publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.

Tags: CoinbaseCryptocurrency NewsethereumEthereum NewsLatest Cryptocurrency NewsLatest Cryptocurrency Updates
Previous Post

What is SALT Cryptocurrency ? A Beginner's Guide To Salt Coin

Next Post

Germany’s Major Stock Exchange Announces Cryptocurrency Infrastructure

Next Post
BISON | Cryptocurrency exchange | German Stock exchange | ICO | Cryptocurrency

Germany’s Major Stock Exchange Announces Cryptocurrency Infrastructure

Recent Stories

Bitcoin

Bitcoin Falls Below $35k Despite the Unveiling of Biden’s $1.9 Trillion Stimulus

January 15, 2021
cryptocurrencies

The Impact Of Cryptocurrencies On The Global Marketplace

January 15, 2021
What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

January 14, 2021
Trading

PayPal Crypto Trading Volume Climbed $242 In One Day

January 14, 2021
Bitcoin

Government of Pakistani Province Announces Launch of Bitcoin Mining Farms

January 14, 2021
Ethereum

Google Data Reveals “Ethereum” Searches Hit All-Time High

January 14, 2021
BTC/USD

BTC Price Analysis: In a Return Rally BTC/USD Grinds Past $40,000 Amid Grayscale Bitcoin Purchase of $80M

January 14, 2021
Wunderbit Trading

Wunderbit Trading – Copy Trading Platform That Suits All 

January 14, 2021
bitcoin

Top 7 Open-source Code Bitcoin Wallets

January 14, 2021
Bitcoin

Bitcoin Institutional Investors Not Worried About Recent BTC Decline

January 13, 2021

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

  • bitcoinBitcoin (BTC) $ 35,178.00 10.54%
  • ethereumEthereum (ETH) $ 1,131.61 6.84%
  • tetherTether (USDT) $ 1.00 0.14%
  • bitcoin-cashBitcoin Cash (BCH) $ 471.22 10.48%
  • binancecoinBinance Coin (BNB) $ 40.09 3.17%
Our websites require cookies enabled to provide you with an uninterrupted experience. Please continue without changing your setting to receive important notifications.I Agree