Coinbase updates information about the Ethereum hard fork

Coinbase has launched support for ETH after last week’s hard fork in the Ethereum network.

In addition to the news, Coinbase would like to state, that since launch, the company has exclusively supported transactions and trading in ETH, not ETC. All Coinbase customers’ ETH is 100% secured in hot and cold storage, per its usual secure storage procedures. Coinbase customers may continue to buy, sell, send, and store ETH on Coinbase.

At this time, Coinbase commented that it has no plans to support ETC, although it will continue to monitor the situation and evaluate customer demand.

Coinbase is asking its clients not to attempt to send ETC to their Coinbase account.

Here’s GDAX corresponding update:

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