The Ethereum Classic (ETC), the crypto currency, which split from the original Ethereum blockbuster in July 2016, jumped 25% on Tuesday after the announcement of the addition of the largest US crypto-exchange to Coinbase.
This news came as a surprise, as representatives of Coinbase twice, in January and March, said that they did not see crypto assets before themselves, which would be worth adding to the platform. What has changed over the past 3 months has not yet been reported, writes bitjournal.media.
According to information posted on the blog Coinbase, the company will develop and implement the necessary for the listing of Ethereum Classic mechanisms. Full support for ETC on this crypto-exchange will begin in a few months.
Full support for ETC involves adding an asset to the CoinbasePro exchange (GDAX) and a traditional exchange platform. In addition, the coin is planned to be added to other services of the company, including Coinbase Custody, oriented towards institutional investors, - forklog notes.
Also, ETC will be added to the Coinbase Index Fund, which is formed from all of the company's supported assets. At the moment, the minimum amount of investments in the fund is $ 250,000, and it is available to accredited investors from the United States.
Clients of Coinbase should also be pleased with the news that the company will finally release the ETC coins formed as a result of Ethereum's smart summer in the summer of 2016 and will give users the opportunity to exchange and output them.
Coinbase also said that it does not abandon its intention to add pairs based on ERC20 tokens and bitcoin forks in the future. Among other things, Coinbase explores opportunities for the integration of new technologies, including atomic swaps, shading, etc.
The news that Coinbase again started adding new coins to the list of traded instruments of the exchange - should be of interest to all investors in Ripple (XRP), because to date, XRP remains the only crypto currency from the first four of CoinMarketCap, not represented on Coinbase. This is the only token of the most popular crypto currency, not listed on the exchange. With the XRP coin trading over 60 crypto sites.
Last year and early in the current year, there were active rumors about the possibility of adding Ripple (XRP) to Coinbase. Probably, the American stock exchange, like many users, does not welcome the excessive centralization of XRP. Nevertheless, if investors continue to show sufficient interest, there is nothing to prevent Coinbase from listing XRP in the future.
At the beginning of the year, forecasts were voiced, according to which Coinbase's positive decision on the integration of XRP could well push the course of the crypto currency up to $ 5. Of course, now it's not possible to imagine such a thing on the falling market, but in case the market turns to growth, sooner or later it can happen.
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