Ethereum Classic rose after reports from Robinhood and Coinbase
August 6 the U.S. financial company Robinhood announced the start of trading cryptocurrency Ethereum Classic (ETC). Another good news is that for all transactions with tokens will not be charged Commission!
You can now invest in Ethereum Classic on Robinhood Crypto, commission-free. https://t.co/PAidMUpbYq
— Robinhood (@RobinhoodApp) August 6, 2018
With the help of mobile applications from Robinhood users can trade six different cryptocurrencies (including Litecoin, Bitcoin and Dogecoin Cash), and track data on the state of the market in real-time.
Renowned cryptocurrency exchange Coinbase plans to add support for coins ETC on 7 August. First, the company will launch the option of deposits in Ethereum Classic Pro service Coinbase and Coinbase Prime, then, within 24-48 hours you will be able to exchange cryptocurrencies.
Ha! You guys beat @coinbase to it😂😂😂
— Derrick Joseph (@dreamchasin_dj) August 6, 2018
Many analysts have been quick to point out the slowness of the team Coinbase and efficiency Robinhood. However, it is important to consider the difference in complexity of this operation is Robinhood, unlike Coinbase, at this point does not input and output of digital assets. In the near future the company plans to launch the built-in crypto-currency wallet that supports 17 of the top coins, allowing customers to freely dispose of their assets.
Course Ethereum Classic increased by 15%.
As a result of positive news value ETC increased by 15% over the past day despite a bearish trend in the cryptocurrency market. Thus, the volume of trading amounted to quite a large sum – $470 million, and the price ETC were the highest in 3 months – $20.3.
Once again cryptologist witnessed “effect Coinbase” in action. One of the largest kryptomere can affect the value of the digital asset, especially sharing their plans about early trading.