Coinbase Wallet Adds Support for Ethereum Classic
Coinbase Wallet has launched support for Ethereum Classic (ETC), in addition to its current support for “100,000+ ERC20 tokens” on the Ethereum blockchain.
Today’s blog post outlines that the Coinbase Wallet app should update over the “next few days,” after which users will be able to view, send and receive ETC to their addresses. Fo existing Coinbase Wallet users, their ETC address will be identical to their current ETH address.
In addition to ETC, Coinbase Wallet supports storage, sending and receiving of ETH and “100,000+ ERC20 tokens.”
As previously reported, Coinbase first announced it would be listing Ethereum Classic on its trading platform in June, leading to a sharp spike in the asset’s value. After the listing went live in early August, ETC was also incorporated into the Coinbase Index Fund.
At press time, ETC is ranked 17th largest crypto by market cap, and is trading at $4.30, down almost 8 percent on the day, according to CoinMarketCap.