The adoption rate of cryptocurrency in Nigeria hits new highs and the price of Bitcoin has hit a more than 60% premium.
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 (@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.