Coinbase to Not Include Ethereum Classic Support Anytime Soon
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....
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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....
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 –....
As a response to the divided support of the community, developers, and miners, Ethereum co-founder Vitalik Buterin has made clear that he has no intentions to support Ethereum Classic, even if it surpasses the market value of Ethereum. On August 1, Buterin announced his decision to devote himself to the development of Ethereum. Notable companies including Coinbase and other developers have since continuously shown support towards Buterin and Ethereum, refusing to provide ETC-related features and trading services. However, as the support for Ethereum Classic from miners, developers, and....
Coinbase, one of the largest ethereum exchanges by volume and the best capitalized business serving the ecosystem, is reporting it has no "near-term plans" to offer support for Ethereum Classic, the alternative version of the ethereum blockchain that has been gaining market traction this week. Representatives from the San Francisco-based company indicate that the decision extends to both its consumer wallet, as well as GDAX, the digital asset exchange on which it offers trading in both bitcoin and ether. The company said: "In the near term, we’re not planning on adding....