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Ethereum Classic is now supported by Coinbase Wallet

The Coinbase Wallet application has officially announced that Ethereum hard fork Ethereum Classic will be a supported asset on its platform.

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.

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.”

Ethereum Classic

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.