Ethereum Classic Spreads on Binance, Coinbase
Main page News, Altcoins, Cryptocurrency exchanges

American cryptocurrency exchange Coinbase announced today that it will commence listing Ethereum Classic (ETC/USD) on its platform.

“When we reach the final testing phase of the technical integration, which we expect to occur over the next few months, we will publicly announce a launch date for trading via our blog and Twitter” - the platform said in its official blog

A few hours later, one of the largest cryptocurrency exchange platforms Binance has also announced that it will add two more trading pairs to ETC. ETC/BNB and ETC/USDT pairs on their Exchange.

Following the two announcements the price of ETC has spiked by over 20%. According to data from Coinmarketcap, at the time of publication, the price of ETC exceeded $ 15.75, with the total capitalization standing at $ 1.6 billion.

Earlier in May cryptocurrency underwent a hard fork to remove so-called “difficulty bomb”. By removing some of the code, the ETC developers extracted an algorithm that was making mining of each subsequent block after 5,900,000 more complex.

By Nadya Astam

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