Coinbase Offers a Short List of Five Tokens to Be Added Soon

2018-7-15 20:00

Coinbase remains one of the more popular cryptocurrency exchanges in the world, despite not having offered support for very many currencies over the years. The company is now “exploring” adding several additional currencies, although the list includes some rather interesting names.

Coinbase Makes Another Move

For Coinbase, it is evident that adding additional cryptocurrencies, assets, and tokens will keep its business afloat. Providing convenient access to BTC, ETH, LTC, BCH, and ETC is only a part of the long-term plan. In the coming years, the platform will enable trading of dozens of other tokens and assets. No exact timelines have been provided at this point, although five currencies are on the short list to be added.

That list includes some rather surprising items. Although the addition of Zcash and Stellar makes a lot of sense, other currencies may not necessarily be as logical. Stellar has been on a meteoric rise in popularity over the past few months, even though its price might not necessarily reflect this. Zcash is also doing big things, even though its market position has declined dramatically.

The other tokens Coinbase is currently exploring include 0x, Cardano, and Basic Attention Token. Of those three currencies, BAT makes the most sense, as the Brave browser is currently exploring the integration of Basic Attention Token in a real-world environment. As such, there will be a lot more tokens being used at all times, and users will be looking for ways to convert said tokens to other cryptocurrencies.

Cardano, while still a relatively new cryptocurrency, also has a fair amount of market traction. This is despite the project still being in the very early stages of development and having very little working code to back up its efforts to date. Even so, it is a currency that’s of keen interest to speculators. It is only natural that companies such as Coinbase would want to get in on the price action sooner or later.

Support for 0x is quite interesting as well. This token powers the 0x exchange protocol, which is a direct competitor to centralized entities such as Coinbase. Lending a helping hand to competitors is pretty significant in the cryptocurrency industry, as competition brings out the best in companies.

It is important to note that the addition of these five tokens will not impede the ongoing integration of Ethereum Classic. There are also no guarantees that these five currencies will be added to Coinbase in the near future. The company is merely exploring its options at this stage.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Lendroid Support Token (LST) на Currencies.ru

$ 0.00049 (+0.76%)
Объем 24H $0
Изменеия 24h: 5.17 %, 7d: -58.34 %
Cегодня L: $0.00049 - H: $0.00049
Капитализация $0 Rank 3554
Цена в час новости $ 0.0030246 (-83.8%)

coinbase adding currencies additional list although includes

coinbase adding → Результатов: 20


Coinbase Considering Adding Cardano, BAT, Stellar Lumens, Zcash, and 0x

Coinbase is exploring the potential addition of digital assets such as Cardano (ADA), Basic Attention Token (BAT), Stellar Lumens (XLM), Zcash (ZEC), and 0x (ZRX). The renowned digital currency exchange notes that it cannot guarantee the listing of any of… The post Coinbase Considering Adding Cardano, BAT, Stellar Lumens, Zcash, and 0x appeared first on CoinCentral.

2018-7-14 12:52


Фото:

Cardano (ADA), BAT, Stellar (XLM), ZCash and ZRX Continue to Gain Amidst Coinbase News

In a tweet just yesterday, popular American cryptocurrency exchange known as Coinbase, announced that it was exploring the possibilities of adding the following 5 cryptocurrencies on its platform: Cardano (ADA) Basic Attention Token (BAT) Stellar (XLM) ZCash (ZEC) Ox (ZRX) The team at Coinbase added that: We are making this announcement internally at Coinbase and […] The post Cardano (ADA), BAT, Stellar (XLM), ZCash and ZRX Continue to Gain Amidst Coinbase News appeared first on Ethereum World News.

2018-7-14 10:10