common-close-0
BYDFi
Trade wherever you are!

How did Coinbase decide to add Ethereum Classic?

avatarLorentsen TherkelsenDec 18, 2021 · 3 years ago3 answers

What factors did Coinbase consider when deciding to add Ethereum Classic to their platform?

How did Coinbase decide to add Ethereum Classic?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Coinbase considered several factors when deciding to add Ethereum Classic to their platform. Firstly, they evaluated the demand and popularity of Ethereum Classic among their user base. They also assessed the security and stability of the Ethereum Classic network, as well as its development community and roadmap. Additionally, Coinbase took into account the regulatory environment and compliance requirements associated with listing Ethereum Classic. Overall, Coinbase's decision to add Ethereum Classic was based on a thorough analysis of these factors and their commitment to offering a diverse range of cryptocurrencies to their users.
  • avatarDec 18, 2021 · 3 years ago
    Coinbase decided to add Ethereum Classic after conducting extensive research and analysis. They recognized the growing demand for Ethereum Classic among their users and saw it as an opportunity to expand their cryptocurrency offerings. Coinbase also considered the long-term potential and viability of Ethereum Classic, taking into account its market capitalization and trading volume. By adding Ethereum Classic, Coinbase aimed to provide their users with more options for diversifying their cryptocurrency portfolios and participating in the Ethereum Classic ecosystem.
  • avatarDec 18, 2021 · 3 years ago
    As a leading digital asset exchange, Coinbase carefully evaluates cryptocurrencies before adding them to their platform. In the case of Ethereum Classic, Coinbase recognized its strong community support and active development. They also considered the historical performance and market demand for Ethereum Classic. Coinbase's decision to add Ethereum Classic aligns with their mission to provide secure and reliable access to a wide range of digital assets. By offering Ethereum Classic, Coinbase aims to cater to the needs and preferences of their diverse user base.