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Coinbase Wallet, a branch from leading cryptocurrency exchange Coinbase, has announced support for Ethereum Classic.
The news was announced by the company in an official blog post stating that the wallet app will update within the next few days.
Coinbase Wallet now supports Ethereum Classic (ETC)https://t.co/M8VdIMW6u8 pic.twitter.com/9hgspuC5Sj
— Coinbase Wallet (@CoinbaseWallet) November 26, 2018
The announcement states:
“With this asset launch, Coinbase Wallet now supports Ethereum (ETH), Ethereum Classic (ETC), and all of the 100,000+ ERC20 tokens on the Ethereum blockchain.”
Furthermore, according to the official post, for existing Coinbase Wallet – “the ETC address will be the same as [the] current Ethereum (ETH) address, so any ETC you have sent to [the] Coinbase Wallet ETH address in the past will now show up after the update.”
We reported in June of this year that Coinbase was listing Ethereum Classic, which is a hard fork from Ethereum, on its platform as a tradable asset.
Ethereum Classic is now trading at $4.31 USD which is 2.36% decline in day-on-day trading.