Coinbase finally announced the Next Coin to be Listed; Ethereum Classic

New Coinbase Additions Ethereum Classic and Crypto Index Fund

Per the process of adding new coins to the exchange, the Coinbase team will now begin the engineering work required for supporting Ethereum Classic. "We are announcing this both internally and to the public consistent with our process for adding new assets".

The announcement did not specifically state when ETC would be available on Coinbase-operated platforms, only that it would happen in the "coming months" and would appear in its institutional and professional products before being made available through its retail-focused brokerage service.

Currently, as per Coinmarketcap, Ethereum Classic is trading at $15.56. Whilst Ethereum Classic has not gone live on the listing just yet, Coinbase have confirmed that it's availability will become clear over the next few months, essentially, both Coinbase and Ethereum Classic are taking their time with this to ensure the roll out is seamless.

The decision to add Ethereum Classic was sudden and unexpected by crypto-traders. It is now Ethereum Classic's turn but without any Main Net reasoning. After evaluating factors such as liquidity, price stability, and other market health metrics, we may choose to add Ethereum Classic to the Coinbase platform.

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"#Binance Adds #ETC/BNB and $ETC/USDT Trading Pairs."
"In fact, Ethereum is a so-called hard fork of Ethereum Classic; it was created in July 2016 and the two projects share their blockchain history up until that point, though Ethereum got to keep the original name." . ETC is now the 18th-largest cryptocurrency with a market cap of $1.6 billion. In the prolonged bear market we are now in, this is a huge gain.

In a shocking announcement, Coinbase revealed the next asset to be listed on their platform, Ethereum Classic (ETC).

Not to forget, the Binance Coin [BNB] which was added against ETC on Binance today has seen an increment of 10.87% since the past 24 hours. Considering the markets recent bearish performance, where most of the coins are bleeding, this is a huge achievement for Ethereum Classic. So far things are all on the brighter side for this currency when the entire market is thriving to stabilize itself.

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