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.

Your capital is at risk.

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.

Ready to join our tribe?

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

ChangeNOW,Decentralised,Fraud

ChangeNOW’s AML Action Lead To The Return Of $15M COMP

Earlier this week, ChangeNOW announced that it was able to identify and return 45,505 COMP back to Compound. The estimated value of this recovery is around the $15m mark. This remarkable achievement is further proof of the effectiveness of the exchange’s Anti-Money Laundering (AML) procedures. In an announcement made on ChangeNOW’s website, the company provided […]

6 October, 2021
CFD Trading Platform,eToro,Trading

eToro Lowers The FTD Minimum Across Several Countries

eToro, the social trading and multi-asset platform, has decided to lower the minimum first time deposit, or FTD. Until further updates, users who sign up today using the link below will be able to fund their trading account with as little as $50. This offer is only valid to users in selected countries. To participate […]

24 September, 2021
ChangeNOW,Cryptocurrency,Investment

ChangeNOW Launches The NOW Tracker App

The young, but fast-growing online cryptocurrency exchange, ChangeNOW, has just announced the release of its latest product. The NOW Tracker is a free asset management app that lets users keep track of their coins and tokens across different wallets. Available on Google Play and the App Store, NOW Tracker is flexible and functional. This solution […]

9 September, 2021
eToro,Investment,Trading

eToro Becomes An Official Partner Of RB Leipzig

The world’s leading social investment network, eToro, has recently announced a new and exciting partnership. According to an announcement on eToro’s Twitter page, the company has become the latest partner of the German football team, RB Leipzig. A two-year partnership agreement has been signed between the parties. Running until 2023, this agreement can be extended […]

24 August, 2021
Binance,Bitcoin,token

PSG’s Messi To Receive Part Of His Salary In Cryptocurrency

The Argentinian footballer, Lionel Messi, has made headline news several times in the past few weeks. Following his surprise departure from FC Barcelona, the player confirmed that he will be joining Paris Saint-Germain FC. The move was significantly newsworthy but got even more interest when it was announced that part of the footballer’s salary will […]

23 August, 2021
Blockchain,Casino,Ethereum

KingTiger Casino Announces Shut Down

KingTiger Casino has announced that it has ceased all operations until further notice. According to its website, the casino has had to “temporarily close” due to Ethereum network congestion. It is not yet clear if and when this online Bitcoin casino will reopen. Meanwhile, we invite you to check out other Bitcoin casinos from our […]

12 August, 2021
Binance,Casino,Cryptocurrency

CryptoCasino Announces Temporary Close

CryptoCasino has stopped operating until further notice. According to a landing page on their website, the casino is undergoing an update. There is no information about when the casino will reopen or the reason why an update required the website to shut down temporarily. Players who hold a crypto wallet account with CryptoCasino need not […]

11 August, 2021
Binance,Bitcoin,SEPA

Binance Suspends SEPA Inward Payments Until Further Notice

Binance Suspends SEPA Inward Payments Until Further Notice Binance has just announced that it has temporarily stopped all incoming SEPA payments. As a result, users will no longer be able to deposit euros using the primary European payments network. The world’s largest cryptocurrency exchange did not provide any specific information regarding the reason behind this […]

12 July, 2021