The buzz of the ETC being listed on Coinbase, one of the biggest exchange platform in the world, has been going on for a long time in the cryptocurrency space. They recently announced that they have launched ETC/USD, ETC/BTC and ETC/EUR trading on Coinbase Pro.
The exchange platform on Twitter announced:
“ETC-USD, ETC-BTC and ETC-EUR order books are now in full trading mode! Limit, market and stop orders are all now available across all ETC trading pairs.”
The exchange platform had previously released a statement that they would be listing the coin on Coinbase Pro, a platform for individual traders, first, and later, listing it on Coinbase.com.
Coinbase said that they would be listing the coin on their main platform after they gain enough liquidity. They are expecting to gain the liquidity within 2-3 weeks of opening full trading. The exchange platform had launched the coin in four stages i.e., trade only, post only, limit only and then the last stage was the full trading.
They had also mentioned that if the market fails to complete their healthy and orderly assessment, they would completely suspend the coin from their platform or prolong the duration of one particular stage. The full trade service depicts that the coin has successfully completed their assessment.
Crypto Dragon, a Twitterati said:
“Congrats on the professional implementation and roll out!
Barry Silbert, Founder and CEO of Digital Currency Group said:
“fantastic rollout. kudos”
Rehan Mesaniya, a Twitterati said:
“They are manipulating the price. They will go around 12$ and then they will increase to moon”
Ethereum Classic [ETC] has been on a roll in the cryptocurrency market. Grayscale, a cryptocurrency investment trust’s second-largest holdings is Ethereum Classic [ETC], after Bitcoin [BTC]. The company has about $90 million worth of ETC and they claimed that the coin is flexible and can be implemented in the Internet of Things [IoT].
Moreover, the coin also received a huge support from Bittrex at the beginning of this week. Bittrex announced that they would be opening USD market for Ethereum Classic and XRP on their platform in order to provide a convenient, secure and fast trading options for their customers.
Coinbase and Bittrex weren’t the only platforms to support the digital currency. Robinhood had also joined the bandwagon by making it the sixth cryptocurrency to be listed on their platform.
According to CoinMarketCap, at press time, Ethereum Classic [ETC] was trading on the 13th position and was valued at $15.23. The coin has seen a rise of more than 1% in the past 24 hours.