On Monday, Robinhood Financial announced that it would launch ethereum classic on its trading platform – making it the sixth digital currency it has listed.
You can now invest in Ethereum Classic on Robinhood Crypto, commission-free.
The efforts made by Robinhood to include ETC come in light of Coinbase’s similar announcements.
Last week, the Coinbase stated it was in the final stages of testing for the new cryptocurrency, reporting that ETC would be made available on August 7th. However, the announcement outlined that this new listing would only be accessible for users with Coinbase Pro and Coinbase Prime accounts and that ETC trading would not go into effect immediately.
In accordance with our Trading Rules, all ETC books will open in post-only for a minimum of 10 mins.
The smaller, commission-free Robinhood has tried to maintain its competitive edge by introducing ETC trading before its competitor.
In June, when Coinbase went public with its plans to support ETC, the value of ethereum classic rose 23% in less than 24 hours.