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What Time Did Coinbase Add Bitcoin Cash?
Bean Cup Coffee2024-09-22 12:55:44【crypto】3people have watched
Introductioncrypto,coin,price,block,usd,today trading view,Bitcoin Cash (BCH) has been a significant addition to the cryptocurrency market, and many users have airdrop,dex,cex,markets,trade value chart,buy,Bitcoin Cash (BCH) has been a significant addition to the cryptocurrency market, and many users have
Bitcoin Cash (BCH) has been a significant addition to the cryptocurrency market, and many users have been curious about the exact time when Coinbase, one of the leading cryptocurrency exchanges, added Bitcoin Cash to its platform. In this article, we will delve into the history of Bitcoin Cash and the timeline of its integration with Coinbase, including the crucial moment when Coinbase added Bitcoin Cash.
Bitcoin Cash was created as a hard fork of Bitcoin in August 2017. The primary goal of this hard fork was to increase the block size limit, which would allow for more transactions to be processed in a single block. This change was aimed at improving the scalability and efficiency of the network, addressing some of the limitations that Bitcoin faced at the time.
Coinbase, being one of the most popular cryptocurrency exchanges, has always been cautious about adding new cryptocurrencies to its platform. However, the growing demand for Bitcoin Cash among users eventually led to Coinbase's decision to add it to its list of supported cryptocurrencies.
The moment when Coinbase added Bitcoin Cash to its platform is a significant milestone in the history of both Bitcoin Cash and Coinbase. Here is the timeline of events:
1. In December 2017, Coinbase announced that it was considering adding Bitcoin Cash to its platform. This announcement came amidst the rising popularity of Bitcoin Cash and the increasing demand from users.
2. On December 19, 2017, Coinbase officially added Bitcoin Cash to its platform. This was a significant development, as it marked the first time that Coinbase had added a new cryptocurrency since the launch of Ethereum in 2015.
3. The exact time when Coinbase added Bitcoin Cash is not publicly documented. However, it is widely believed that the integration occurred around 9:00 AM Pacific Time on December 19, 2017.
The addition of Bitcoin Cash to Coinbase's platform had a significant impact on the cryptocurrency market. As one of the largest cryptocurrency exchanges, Coinbase's decision to add Bitcoin Cash to its platform helped to boost the adoption and liquidity of the cryptocurrency.
Since its integration with Coinbase, Bitcoin Cash has seen a steady increase in its market capitalization and trading volume. This has been a testament to the growing popularity and acceptance of Bitcoin Cash as a legitimate cryptocurrency.
In conclusion, the addition of Bitcoin Cash to Coinbase's platform was a significant event in the history of cryptocurrencies. While the exact time when Coinbase added Bitcoin Cash is not publicly documented, it is widely believed to have occurred around 9:00 AM Pacific Time on December 19, 2017. This event marked a crucial moment in the growth and adoption of Bitcoin Cash, and it has had a lasting impact on the cryptocurrency market.
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