Coinbase Wallet to End Support for Bitcoin Cash, Ethereum Classic, Ripple's XRP and Stellar's XLM

Extracto:The company cited "low usage" as the reason for discontinuing support for those tokens.

According to an update on the crypto exchange's website, Coinbase Wallet will no longer accept the native tokens associated with Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple's XRP Ledger (XRP), and Stellar (XLM) as of December 5.

The assets will be decommissioned on December 5, although customers holding balances will be able to withdraw beyond that date using a recovery phrase.

The four coins, all of which rose to popularity during the 2017 bitcoin bull market, were delisted by Coinbase due to “poor usage.”

According to CoinGecko, XRP is the seventh-largest cryptocurrency, with a market cap of $19.6 billion and a 24-hour trade volume of about $1 billion across all exchanges.

BCH and ETC, split versions of the two most prominent cryptocurrencies, bitcoin (BTC) and ether (ETH), have both lost significant market share since their introduction more than five years ago.

Wish to get more CryptoNews, download WikiBIT app to get more NEWS! Download Apps: https://bitly.ws/dI3h

As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!

Wish to learn FOREX too? No Problem! Scan this QR Code and you will get a lot of knowledges and informations

Descargo de responsabilidad

Las opiniones de este artículo solo representan las opiniones personales del autor y no constituyen un consejo de inversión para esta plataforma. Esta plataforma no garantiza la precisión, integridad y actualidad de la información del artículo, ni es responsable de ninguna pérdida causada por el uso o la confianza en la información del artículo.
El anterior

Estas criptomonedas van a multiplicar su precio en 2023: Chia coin, IMPT, Filecoin, SYS y D2T

El siguiente

Uniswap lanza un agregador de mercado de NFT