What is the process for adding Ethereum Classic (ETC) to Coinbase?
Hlamulo 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.
3 answers
- Dec 16, 2021 · 3 years agoAdding 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.
- Dec 16, 2021 · 3 years agoThe 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.
- Dec 16, 2021 · 3 years agoAs 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.
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