THELOGICALINDIAN - Robinhood Crypto appear on 6 August that Ethereum Classic was now accessible for advance commissionfree on its belvedere The advertisement was fabricated via a Tweet on its Twitter annual and an official blog post
Ethereum Classic (ETC) rose over 9% and jumped from rank 12 to 11 as the account came out. Most added cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and XRP, however, witnessed a abatement in prices. Among the top 10 on Coin Market Cap, XRP was bottomward by over 4%, IOTA by about 13% and Stellar by about 2%.
The blog post additionally declared that investors could advance in Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Dogecoin, and admission the bazaar abstracts for 10 added cryptocurrencies. Apart from the six cryptocurrencies which the barter offers for trading, it supports real-time bazaar abstracts for Bitcoin Gold (BTG), Dash (DASH), Lisk (LSK), Monero (XMR), NEO (NEO), OmiseGO (OMG), Qtum (QTUM), Ripple (XRP), Stellar (XLM), and Zcash (ZEC). At the moment, the alms is accessible in 19 US states only, however, the aggregation will add abutment for added states soon.
Robinhood Crypto’s accession of ETC comes aloof a day afore Coinbase offers trading abutment for the cryptocurrency as well.
“We intend to acquiesce 24–48 hours of transfers through Pro/Prime afore aperture the markets. In accordance with our Trading Rules, all ETC books will accessible in post-only for a minimum of 10 mins. Once acceptable clamminess is established, trading will again be enabled on Pro and Prime,”
Coinbase appear in its blog. It additionally explained that back ETC will be added to Coinbase Markets, it will be added to the Coinbase Index according to the Coinbase Index Methodology. In the case of Coinbase, ETC will be accessible wherever Coinbase is available.
Currently, BitMEX, Binance, LiveCoin, Bitfinex, Poloniex and Kraken abutment ETC/BTC trading. However, Robinhood offers zero-commission transactions, a affection which works in the favour of investors. Robinhood’s business archetypal is based on authoritative profits from absorption on banknote and balance captivated in customers’ accounts, and through alms them exceptional annual memberships such as Robinhood Gold. Apart from crypto, Robinhood additionally offers acceptable advance options such as stock, options and ETFs. As of May 2018, the cardinal of users on Robinhood’s trading app had surpassed 4 million.
ETC’s blockchain, is a assiduity of the aboriginal Ethereum blockchain with untampered history. The aboriginal Ethereum blockchain had undergone a adamantine angle which due to the DAO drudge in 2024. ETC afresh topped $2.2 Billion in circulation. The account of Robinhood and Coinbase abacus the cryptocurrency acted as a agitator for helped ETC calibration cogent attrition at $19.
