Coinbase to Enable Ethereum Classic Withdrawals
Coinbase wallet and exchange users will soon be able to withdraw classic ethers. The San Francisco exchange announced today that it intends to let users access and withdraw classic ether balances, a move that comes amid a minor outcry over how the exchange should handle the currency's sudden creation. While a number of exchanges have moved to support ethereum classic in recent weeks, Coinbase quickly emerged as a voice of caution, noting again today it does not want to offer trading in both ethereum and ethereum classic. Complicating matters was that, due to the specifics of how the....
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Coinbase has announced that its platform GDAX will not be supporting Ethereum Classic anytime soon. However, the company has kept its options open for the future. The unexpected rise of Ethereum Classic, the original Ethereum blockchain without a hard fork has got few leading cryptocurrency exchanges considering its implementation into their platforms. Poloniex became the first cryptocurrency exchange platform to include ETC support, with few more expected to do so soon. However, one platform that doesn’t want to jump into the ETC bandwagon right now is Coinbase. The leading US-based....
Korbit, Korea’s largest Bitcoin exchange has announced the launch of Ethereum Classic trading, which enables Korbit users to purchase and sell ETC for KRW, without any fees. On July 18, the Korbit development team officially announced their decision to halt Ethereum trading - including ETH deposits and withdrawals - to prevent users from being affected by the hard fork. First major Bitcoin exchange in Korea to support Ethereum Classic. The Korbit team told its users that the exchange will resume Ethereum trading once the network settles and becomes more stable. The Korbit team said in an....
The announcement from the Coinbase team regarding the distribution of Ethereum Classic has led to a controversial debate amongst Ethereum investors on the Coinbase exchange. The announcement from the Coinbase team regarding the distribution of Ethereum Classic has led to a controversial debate amongst Ethereum investors on the Coinbase exchange. On July 26, the Global Digital Asset Exchange (GDAX), a cryptocurrency exchange operated by the Coinbase team, released a statement to clarify that customers who stored ether on the GDAX platform prior to the Ethereum hard fork will be enabled to....
Digital currency exchange Coinbase has revealed its stance with the Ethereum hard fork, stating that it has no plans to support Ethereum Classic, the spin-off blockchain based on the consensus and protocols of the original Ethereum blockchain. In an announcement today, bitcoin and ether exchange Coinbase has revealed that its recently launched support for ether, the token currency of the Ethereum blockchain only extends to ETH and not ETC, or Ethereum Classic. Coinbase launched support for ETH following last week’s hard fork and will continue to support “transactions and trading in ETH –....
The support of Poloniex and overall optimism displayed by the Ethereum community spurred the growth of Classic chain, reaching a US$165 million market cap and surpassing the daily volume of Ethereum in a matter of hours. Following the announcement Poloniex on July 23, major digital currency exchanges including Kraken and Bitrex have added support for Ethereum Classic. Amidst the integration of Ethereum Classic support, Poloniex received both criticism and admiration from the Ethereum community, for going against the norm to support the Ethereum Classic project and its users. The support of....