As of February 18, 2019, Coinbase Pro will no longer offer the buying or selling of Ethereum (ETH). This decision was made due to “the extremely volatile nature of ETH prices” and “the significant risk that is associated with trading ETH.”
In the event that you still want to trade ETH, you can do so on other exchanges like Kraken, Bitfinex, or Binance. However, if you’re looking to simply purchase ETH to hold as an investment, you can do so on Coinbase.
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It’s important to note that Coinbase Pro is still offering the ability to trade other digital assets like Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum Classic (ETC).
NOTE: Warning: Purchasing Ethereum through Coinbase Pro can be a risky process. Before making any purchase decisions, it is important to thoroughly research and understand the purchase process and associated risks. Additionally, it is important to understand the potential for loss of funds due to market volatility, transaction fees, and other factors. You should also be aware that Coinbase Pro may not offer the best purchase price or terms for Ethereum purchases. As with any investment, you should never invest more than you are willing to lose.
The removal of ETH from Coinbase Pro comes as a surprise to some, as the exchange had previously announced that it would be adding support for the asset back in December of 2018. However, it seems that the volatility of ETH prices has caused the exchange to reconsider its decision.
At the end of the day, it’s up to each individual exchange to decide which assets it wants to list on its platform. And given the current state of the Ethereum market, it’s not entirely surprising that Coinbase Pro has chosen to delist ETH.
6 Related Question Answers Found
Yes, you can buy Ethereum on Coinbase. Coinbase is one of the most popular cryptocurrency exchanges, and it offers a variety of features that make it a great choice for buying Ethereum. For one, Coinbase supports a wide range of payment methods, including credit and debit cards, bank transfers, and PayPal.
You can most certainly stake your Ethereum on Coinbase Pro! In case you’re not familiar, staking is the process of holding cryptocurrency in a wallet to support the network and earn rewards. It’s a bit like earning interest on a savings account, but with digital currency.
The short answer is no. You cannot buy Ethereum Classic on Coinbase. Coinbase does not support Ethereum Classic.
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