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Ethereum Classic (ETC) Rises Higher on Robinhood Listing
Ethereum Classic (ETC) Rises Higher on Robinhood Listing
Robinhood Crypto announced on 6 August that Ethereum Classic was now available for investment, commission-free, on its platform. The announcement was made via a
(ETC) rose over 9% and jumped from rank 12 to 11 as the news came out. Most other cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and XRP, however, witnessed a fall in prices. Among the top 10 on Coin Market Cap, XRP was down by over 4%, IOTA by nearly 13% and Stellar by almost 2%.
also stated that investors could invest in Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and Dogecoin, and access the market data for 10 other cryptocurrencies. Apart from the six cryptocurrencies which the exchange offers for trading, it supports real-time market data for Bitcoin Gold (BTG), Dash (DASH), Lisk (LSK), Monero (XMR), NEO (NEO), OmiseGO (OMG), Qtum (QTUM), Ripple (XRP), Stellar (XLM), and Zcash (ZEC). At the moment, the offering is available in 19 US states only, however, the company will add support for more states soon.

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“We intend to allow 24–48 hours of transfers through Pro/Prime before opening the markets. In accordance with our Trading Rules, all ETC books will open in post-only for a minimum of 10 mins. Once sufficient liquidity is established, trading will then be enabled on Pro and Prime,”

. It also explained that since ETC will be added to Coinbase Markets, it will be added to the Coinbase Index according to the Coinbase Index Methodology. In the case of Coinbase, ETC will be available wherever Coinbase is available. Kraken Btc To Ripple

Currently, BitMEX, Binance, LiveCoin, Bitfinex, Poloniex and Kraken support ETC/BTC trading. However, Robinhood offers zero-commission transactions, a feature which works in the favour of investors. Robinhood’s business model is based on making profits from interest on cash and securities held in customers’ accounts, and through offering them premium account memberships such as Robinhood Gold. Apart from crypto, Robinhood also offers traditional investment options such as stock, Bitfinex Kraken Btc To Ripple , the number of users on Robinhood’s trading app had surpassed

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