This time fomo is real on social media you find people talking about ETC today. This listing on coinbase has created hype for ETC now it remains to see how all the predictions works in very short term. In the long run I also am bullish because of lot of positive news coming for cryptocurrencies.
Coinbase is adding ETC?
https://twitter.com/coinbase/status/1025474348742660096Yes it is gonna in next few hours you can check official status of that exchange. ETC is green today because of this news which is great achievement for coin.
More information here:
Coinbase will add ETC to consumer market which is 2weeks after tomorrow. First coinbase plans to allow deposits first for Coinbase Prime clients and Coinbase Pro clients. Coinbase Prime clients are Coinbase's professional trading platform for institutional clientsAccess the same diversified liquidity pool underpinning all Coinbase products through a professional trading platform designed for institutional clients.
Institutional InvestorWhat is an institution?Your firm's core business is investing or trading, using your firm's own capital, or on behalf of your clients. Examples: hedge fund, asset manager, proprietary trading firm, venture capital firm, bank, or brokerage firm.
Corporate ClientWhat is a corporate client?Your firm's core business activity is not related to investing or trading. Examples: professional services firm, software provider or ISV, money services business, merchant, non-profit, or digital currency mining firm.
Coinbase intend to allow 24–48 hours of inbound transfers through Coinbase Pro
https://pro.coinbase.com/ and Coinbase Prime
https://prime.coinbase.com/ before enabling trading.
Coinbase Markets
https://blog.coinbase.com/coinbase-institutional-deea317d23af — the Markets team is planning to add trading support for ETC. We intend to allow 24–48 hours of transfers through Pro/Prime before opening the markets. In accordance with our Trading Rules
https://www.coinbase.com/legal/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.
So what im getting from this is Coinbase learn from past mistake by adding bitcoin cash and now places restrictions before flooding the market. Plus all Coinbase Prime clients and Pro will get customers who previously had an Ethereum Classic balance on the platform as a result of the 2016 Ethereum hard fork and did not elect to withdraw their funds prior to January 2017 will receive a corresponding Ethereum Classic credit...
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