Bitstamp, a cryptocurrency platform by Robinhood, has announced the launch of Ethereum Classic (ETC) trading, spotlighting the cryptocurrency's features.
Features of Ethereum Classic
Ethereum Classic (ETC) operates on a proof-of-work consensus model, maintaining an immutable transaction history. It supports smart contract execution and is compatible with the Ethereum Virtual Machine (EVM), allowing for the development of decentralized applications.
Trading Conditions on Bitstamp
Ethereum Classic is available for trading on Bitstamp with pairs to USD and EUR, however, trading tokens is not allowed in the United States. It has been noted that the deposit process for ETC may take up to 24 hours.
Bitstamp's Strategy for Cryptocurrency Listings
This launch aligns with Bitstamp's plans to create a reliable platform for trading various cryptocurrencies. The platform emphasizes educational resources for users, reflecting their commitment to customer education.
The addition of Ethereum Classic to Bitstamp demonstrates the company's dedication to supporting decentralized principles and educating users, which may enhance interest in this cryptocurrency among traders.
