RATE Group | Robinhood Adds Ethereum Classic to Crypto Trading App
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Robinhood Adds Ethereum Classic to Crypto Trading App

06 Aug Robinhood Adds Ethereum Classic to Crypto Trading App

Posted at 17:38h in Ethereum News by

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Robinhood announced Monday that its customers can now invest in ethereum classic (ETC), just a day before Coinbase adds the option too.

The company said in a blog post that the option went live today on its Robinhood Crypto app, adding that only those in the 19 U.S. states with access to the service can trade ETC at this time.

Users can also trade in bitcoin, ethereum, bitcoin cash, litecoin and dogecoin, “as well as track market data for 10 other cryptocurrencies,” the post states.

As mentioned, crypto exchange Coinbase is also expected to launch support for ETC tomorrow.

The company announced last week that it had begun “final testing” for the cryptocurrency, and would begin accepting transfers in ETC on August 7. However, the new option will be opened up initially to users of Coinbase Pro and Coinbase Prime, and no customers will be able to trade in ETC immediately.

“We intend to allow 24–48 hours of transfers through Pro/Prime before opening the markets. In accordance…

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