Ethereum Classic Credits Will Soon Be Available on Coinbase
In a recent blog post, bitcoin and ether exchange, Coinbase, has unveiled to its users that they will be able to credit the full amount of Ethereum Classic (ETC) that is linked to their account. It was only last week that the San Francisco-based company announced that they would not be supporting ETC after the previous week’s hard fork in the Ethereum community. Instead, Coinbase has decided to take the stand to support all transactions and trading in Ethereum (ETH), assuring customers that their ETH is 100 percent secured in hot and cold storage. However, after assessing the situation and....
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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....
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....
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 –....
Ethereum Classic is preparing another hard fork. It was announced in statements published last week that the project’s development and mining community is committing to a change in its monetary policy by December of this year. Essentially a move to a new protocol, all current Ethereum Classic users and miners should have upgraded their software by then. If everyone does not upgrade their software, the project can split into two incompatible networks, blockchains and currencies. Of course, that is exactly how Ethereum Classic itself broke away from the Ethereum Foundation’s Ethereum last....