The Multi-Asset Wallet, Exodus, released a press statement in which it announces the integration of Bitcoin Cash (BCH) and Ethereum Classic (ETC) to their platform. Both coins can be traded now on their online exchanges.
“Exodus welcomes Bitcoin Cash (BCH) and Ethereum Classic (ETC) to our family of assets”, the company wrote on their official webpage. Exodus declared that those two cryptocurrencies were tested by the community through their beta program and now released for official Exodus support. In this way they can be traded and stored in Exodus.
The decision to add Bitcoin Cash to Exodus Wallet is related to the trading volume that this cryptocurrency usually experiences. “Consistently being in the top-10 for 24-hr volume made it impossible to ignore Bitcoin Cash”, co-founder of Exodus, JP Richardson said for News.Bitcoin.com.
Since the first Bitcoin Cash block mined this year on August the 1st, the currency had a stable trading volume that the company didn’t want to ignore, even when the price went down from $1000 US dollars to $300 dollars in two months. At the moment of writing this article, Bitcoin Cash was the third cryptocurrency in trading volume just behind Bitcoin and Ethereum. It is also the fourth largest in Market Capitalization.
Ethereum Classic is the twelfth cryptocurrency ranked by Market Capitalization. At the moment is the tenth currency with the most volume in the last 24 hours.
JP Richardson, declared that he does not personally believe in the long term viability of Bitcoin Cash. Exodus is adding those cryptocurrencies, not exactly because they support them, but because of the profit that they can offer to the trading platform.