eToroX Introduces Ethereum Classic On Its Platform

Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
  • The already existing members of the eToroX platform will be able to trade the token via the ETC and USDEX trading pairs on the platform.
  • Ethereum has managed to remain at the top, being recognized as one of the most well-known platforms in the field of cryptocurrency.

Ever since its release, Ethereum has managed to remain at the top, being recognized as one of the most well-known platforms in the field of cryptocurrency. It has been known as the second most prominent cryptocurrency based on the market cap.

However, when it comes to Ethereum Classic, the situation is not the same. Often fails to get noticed. The Ethereum Foundation does not recognize the token, and there have been two cases where the security has been compromised. To an extent, these might be reasons why Ethereum Classic often gets overlooked.

The first case was witnessed in 2017 when the Classic Ether Wallet got compromised. Following this, in January, double-spending attacks took place with the token.

It can be said, with no doubt that when it comes to security, even one case becomes enough for the users to have doubts about the credibility of something refraining them from using it again.

However, there still remains those who are interested in investing in the token. The token essentially came out as a result of the conflict. The classic form of the asset has gained large obloquy at present. A lot of the population of Ethereum disregarded the hard fork, and this resulted in the differentiation.

With Ethereum Classic being no minnow on the coin market in its privilege is still positioned in the leading 20 assets, at the 17th position, on Coinmarketcap. It is also fundamentally less expensive at the cost of around $9.50. The last high witnessed was $47.77.

The fact that it has been listed at eToroX might turn out beneficial since there lies a respectable investment opportunity, which makes it an ideal addition to the platform. The already existing members of the eToroX platform will be able to trade the token via the ETC and USDEX trading pairs on the platform.

As described by the team, it is a platform which will provide focused wallet services and easy to use designs and controls along with strict guidelines.

eToroX has twenty-eight cryptocurrencies and a bunch of niche fiat currencies like South African Rand (ZARX), Hong Kong Dollar (HKDX), and Singapore Dollar (SGDX). These, however, are not found at exchange platforms.

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