Robinhood adds support: Robinhood Financial announced yesterday that it would launch Ethereum (available on Coinbase) Classis (ETC) on its trading platform.
And it was no accident that it listed the coin one day before Coinbase was to add ETC to its exchange; the world’s biggest exchange had announced only a few weeks ago that it was in the final stages of testing and that ETC would be available as of August 7th.
Which is today.
But the announcement did outline that ETC would only be accessible for users with Coinbase Pro and Coinbase Prime accounts and that official trading would not go into effect immediately.
Robinhood Adds Support For Ethereum (available on Coinbase) Classic
It could be mistaken, but it seems the fresher and much smaller Robinhood is trying to beat the big-dog to the punch by introducing ETC trading a day before its competitor’s supposed launch date.
Ethereum (available on Coinbase) Classic will be Robinhood’s sixth crypto offering on its platform.
Robinhood is a newly-launched crypto-trading platform that serves the US. It is expanding on a state-by-state basis and began with only four states earlier in 2018. It now has expanded to 19 states and has a current trading volume of $5.6 billion.
At present, the exchange offers Bitcoin (available on Coinbase) (BTC), Ethereum (available on Coinbase) (ETH), Litecoin (available on Coinbase) (LTC), Bitcoin (available on Coinbase) Cash (BCH), Dogecoin (Doge), and now Ethereum (available on Coinbase) Classic (ETC). The platform also tracks market data for 10 other cryptocurrencies, which may or may not be added in the months to come