Buying and Trading ETC Through Coinbase
Автор: Ethereum Classic Updates
Загружено: 2023-10-04
Просмотров: 353
Описание:
Coinbase is a centralized cryptocurrency exchange.
A centralized cryptocurrency exchange (CEX) is a virtual location on the internet that serves as a meeting point for trading crypto assets such as Bitcoin (BTC) and Ethereum Classic (ETC).
Coinbase provides its servers over the internet for its customers to open accounts, send money, and start exchanging BTC, ETC, Ethereum (ETH), and other tokens.
CEXs must follow regulations, so they may be very restrictive, demanding customers to present evidence of identity and residence, performing background checks, and asking what is the source of their funds.
Among the risks of centralized exchanges is that they may go bankrupt and customers may lose their deposits and assets.
Coinbase in particular is one of the largest cryptocurrency exchanges in the world, it started operations in the United States in 2012, and now has a vast international presence.
To learn more about ETC please go here: https://ethereumclassic.org
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