Exodus, a multi-asset wallet platform, just integrated Bitcoin Cash functionality. This makes a total of 16 digital assets a user can store on the Exodus wallet. The company press release said Bitcoin Cash along with ethereum classic were added after extensive testing.
The site said, “In our latest update, Exodus welcomes Bitcoin Cash (BCH) and Ethereum Classic (ETC) to our family of assets. Thanks to our extensive testing community, both assets made it through our beta program and are now released for official Exodus support!”
Why Bitcoin Cash now?
News.Bitcoin.com reached out to co-founder of Exodus, JP Richardson, and asked about the implementation of Bitcoin Cash.
Richardson said, “Consistently being in the top-10 for 24-hr volume made it impossible to ignore Bitcoin Cash.”
This implies the move was primarily made as a result of customer demand on the Exodus platform, especially since the trading volume of Bitcoin Cash has exploded. Richardson, however, does not personally believe in the long-term viability of Bitcoin Cash.
Bitcoin Cash Trading and Exodus Assets
Either way, this looks like a solid business move on behalf of Exodus. According to Coinmarketcap.com, at the time of writing, Bitcoin Cash is trading heavily and is up 13.56%. The newly minted cryptocurrency is currently in a bull market after slumping the last few weeks.
Along with Bitcoin Cash, Exodus also added Ethereum Classic to their available assets for safekeeping and storage on their wallet platform. In the prior update, they added the Salt ERC-20 token.
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