Coinbase Announces Ethereum Classic Support

Published on by Cryptoslate | Published on

Coinbase has announced the addition of Ethereum Classic to the lineup of tokens on its institutional platform, heralding the first new asset to be added to the platform as a result of Coinbase's recent announcement of additional token support.

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.

We are pleased to announce our intention to add support for Ethereum Classic on Coinbase in the coming months.

"When we reach the final testing phase of the technical integration, which we expect to occur over the next few months, we will publicly announce a launch date for trading via our blog and Twitter."

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.

Addition to Coinbase will occur after ETC is listed on Pro and Prime.

"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."

It's likely that Coinbase Markets, Coinbase Pro, and Coinbase Prime will list more assets than the vanilla Coinbase platform - listing on Coinbase Markets does not guarantee a listing on Coinbase.

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