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What is the process for adding Ethereum Classic (ETC) to Coinbase?

avatarHlamulo masontaDec 16, 2021 · 3 years ago3 answers

Can you explain the step-by-step process for adding Ethereum Classic (ETC) to Coinbase? I'm interested in knowing how Coinbase evaluates and decides which cryptocurrencies to add to their platform.

What is the process for adding Ethereum Classic (ETC) to Coinbase?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Adding Ethereum Classic (ETC) to Coinbase involves a thorough evaluation process. Coinbase considers factors such as the project's security, compliance with regulations, market demand, and alignment with their mission of creating an open financial system. Once a cryptocurrency passes the evaluation, Coinbase's engineering team works on integrating it into their platform. This process may take some time, as they ensure the security and stability of the integration before making it available to users.
  • avatarDec 16, 2021 · 3 years ago
    The process of adding Ethereum Classic (ETC) to Coinbase starts with Coinbase's team of experts conducting a comprehensive review of the cryptocurrency. They assess its technology, development team, community support, and market liquidity. If Ethereum Classic meets their criteria, Coinbase will proceed with the integration process. However, it's important to note that Coinbase evaluates and adds cryptocurrencies based on their own internal guidelines and considerations, and there is no guarantee that any specific cryptocurrency will be added.
  • avatarDec 16, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that adding Ethereum Classic (ETC) to Coinbase is a significant milestone for the cryptocurrency. Coinbase's decision to add Ethereum Classic reflects the growing demand and recognition of its value in the market. By adding Ethereum Classic, Coinbase provides its users with more options for trading and investing in cryptocurrencies. This move also increases the visibility and credibility of Ethereum Classic, which can potentially lead to increased adoption and market growth.