COINBASE CRYPTOCURRENCY WALLET ADDS ETHEREUM CLASSIC SUPPORT

Cryptocurrency wallet of the American exchange Coinbase launches support for Ethereum Classic (ETC), the company said in its own blog on November 27.

In Coinbase crypto-exchange blog, a message appeared that in the coming days, along with the update of Coinbase Wallet, users will be able to exchange Ethereum Classic. For American cryptocurrency exchange wallet holders the shipping address ETC will be identical to ETH.

For the first time, the crypto exchange announced plans to place Ethereum Classic in June, after which the price of the cryptocurrency asset increased sharply. In May, the developers of ETH Classic also reported about the successful update of the network. After listing altcoins in August, ETC was also added to the Coinbase Index Fund.

In October, it became known that the department of the American crypto-exchange, Coinbase Global, received permission to work in New York as a trust company, offering services for custodial storage of cryptocurrencies such as Bitcoin, Litecoin, Ethereum, Ethereum Classic, Ripple and Bitcoin Cash.