eToroX Now Offers Ethereum Classic

eToroX Now Offers Ethereum Classic

eToroX, the area of the eToro umbrella that specialises specifically in crypto assets and blockchain technology, has become the latest platform to offer Ethereum Classic on their platform.

While Ethereum is one of the most well-known and recognised names in the world of cryptocurrency, whether it be due to it being the world-leading blockchain or the second most prominent cryptocurrency based on market cap, Ethereum Classic often gets overlooked. The reason for this could come because of a variety of reasons. It could be owed to the fact the Ethereum Foundation, who oversee the other two main products, don’t recognise the token. It could also be owed to the fact it has been involved in not one, but two situations where security was comprised. First, in 2017, when the Classic Ether Wallet was comprised. This was followed in January when double-spending attacks took place with the token.

Naturally, this doesn’t bode well for those interested in investing in the token as security and safety are paramount in the industry within which it operates. Not to mention, the token also essentially came as a result of conflict – which is never a good start. The reason it is called as such is because it was Ethereum before Ethereum was hardforked and so is essentially the original, or “classic”, form of the asset that has gained such a large notoriety today. It was founded as many involved in Ethereum didn’t believe in the hardfork so this is essentially the reason why there is a differentiation.

There remains today a following for Ethereum Classic which is reflected in the performance of the token. With Ethereum Classic being no minnow on the coin market in its own right and is still ranked in the top 20 assets, ranked 17th, on Coinmarketcap – while being significantly cheaper at the price of around $9.50, at the time of writing, having a previous high of $47.77. As such, it is significantly lower than what resulted from the hardfork, but there is not much reason to grumble either.

As such, there is a good reason it has been chosen to be listed at eToroX with its deep history and the fact there it is a respectable investment opportunity, thus making it an ideal addition to the platform. Those who are a member of the eToroX platform will rejoice to know that they can trade the token via the ETC and USDEX trading pairs on the platform right now. With these following on from another recent listing of EOS, which was added to the platform in December.

Those who aren’t already signed up at eToroX might want to consider looking into it too. It is self-described by their team as a platform that “offers focused wallet service and exchange service with user-friendly design and controls with strict security and guidelines”. In a nutshell, this means it essentially the crypto asset-specific part of the trading platform’s service as opposed to the traditional trading option they have.

eToroX is very much on the grow too as the listing of Etherum Classic and EOS clearly show. However, they have twenty-eight cryptocurrencies and a whole bunch of niche fiat currencies like South African Rand (ZARX), Hong Kong Dollar (HKDX), and Singapore Dollar (SGDX), which are not often found at exchange platforms. If you are keen to learn more than go to eToro and learn more about eToroX as it might be the perfect platform for you if you are already a devotee to the eToro way of trading and love crypto asset investment.

Recently Similar News

casinoin-promotion etoro-promotion

Latest Guides

Latest News

Asia,Bitcoin,Casino,Promotion

Win a Trip to Japan and Be at The Olympics with BitStarz

For the next month at BitStarz, players are can win themselves a trip to Japan and loads more prizes too. Perhaps the best-known crypto-asset orientated casinos on the market are BitStarz. As well as being one of the earliest casino websites to set up a service directly orientated at bitcoin, they have made their presence […]

29 March, 2020
Investment,IQ Option,Trading

Using the Stochastic Oscillator with IQ Option

IQ Option has released their latest guide which helps them understand how to use the momentum-type indicator, Stochastic Oscillator. Developed in the 1950s, the tool can be used as a means to judge oversold or overbought position, thus helping them to predict the future of an underlying asset. This can, therefore, provide the information investors […]

28 March, 2020
Coinbase,Crypto Wallets,Investment

Coinbase Wallet Now Allows You to Earn De-Fi Interest

The wallet product from the exchange platform, Coinbase has expanded its use-cases and will now allow you to earn simply by storing your assets on it. The way this will work is by allowing you to lend out your crypto through the wallet. However, they are not reinventing the wheel in respect to this service […]

27 March, 2020
Binance,Social Media

Binance Plans to Raise $5 Million For Corona Relief Campaign

Binance Charity has put plans together to generate $5 million in donations which they will use to commit to providing medical supplies and help combat the effects of COVID-19. It is impossible to get away from the news of the Coronavirus which has led to isolation and quarantines in many countries worldwide, among other measures […]

26 March, 2020
eToro,Finance,Investment,Trading

eToro Compares Corona With Previous Crisis

The Corona has caused one of the fastest sell-offs ever seen on the global market. How does this compare to other previous crisis? Well, eToro have answered that question in a new report released earlier today.   The market behaviour since the start of the virus has caused serious concern and a mass reaction from […]

25 March, 2020
CFD Trading Platform,Investment,IQ Option,Trading

Trade with Multiplier at IQ Option

In their latest guide, IQ Option have drawn attention to the risky yet rewarding multiplier option that they have in place on their trading platform. In a nutshell, the multiplier allows traders to “manage a position that is greater than the amount of funds at his disposal” according to IQ Option. Already by the name […]

24 March, 2020
Assets,Investment,KuCoin,Trading

ZEL Set To Go Live For Trading at Kucoin Tomorrow

Amid the market turmoil, KuCoin has continued to improve their trading options with ZEL set to go live for trading tomorrow. Deposits for this latest token in a long list of other recently added tokens has already gone live.  However, traders will have to wait until tomorrow to get fully involved in ZEL trading. This […]

23 March, 2020
Crypto Wallets,Promotion,Trezor

Stay Safe and Save 15% on Trezor Wallets

Here at Cryptimi, we are aware that there is not much to rejoice about right now. Well, to remedy that, we have a special promotion that will see you save 15% on Trezor wallets.   The coronavirus is on-going and it is causing chaos across the globe, with a particularly negative effect on investments, both […]

23 March, 2020