Following last week’s announcement of a listing on Coinbase which saw Ethereum Classic (ETC) enjoy a significant price spike, the coin will likely benefit from further highs this week with its new listing on traditional stock trading platform Robinhood.
Robinhood is a U.S.-based financial services company located in California that supports commission-free trading on the stock exchange. The SEC and FINRA-approved exchange has a valuation of $1,3 billion and creates profit by margin lending and earning interest on customers balances
Ethereum Classic’s addition to the platform puts it in good company along with Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC) and Dogecoin (DOGE), which are all also available for trading on Robinhood.
Ethereum Classic is arguably the true network of Ethereum, as it continued on the original blockchain after the Ethereum hard fork that was implemented in 2016 in order to restore stolen funds. Advocates of the blockchain follow a concept that ‘code is law’ and that the blockchain should never be altered, whatever the reason.
The Coinbase listing of ETC is not yet live, so this new ETC listing actually puts the Robinhood exchange ahead of Coinbase by number of available cryptocurrencies. Currently, Coinbase only has Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and Bitcoin Cash (BCH) available for trade but is considering a number of additions including Cardano, Stellar, BAT, and Zcash.
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