Trading platform “Coinbase” announces 50 digital currencies that it will list for trading soon!
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Answer Trading platform “Coinbase” announces 50 digital currencies that it will list for trading soon!
Trading platform Coinbase has released a list of 50 digital currencies that Coinbase is considering listing in the second quarter of 2022.
In a Coinbase blog post, the platform said this is the first time it has released such a list to increase transparency in its listings by providing as much information consistency as possible.
As part of our efforts to increase transparency, we want to connect the assets under consideration for listing in the second quarter of 2022 (from April 1, 2022 to June 30, 2022). Changes to our roadmap will be updated in this blog post regularly https://t.co/zu1IBdrD7X pic.twitter.com/cBRYe47E2mRead:Why did the Stellar inflation system and XLM cryptocurrency fail?
Coinbase Assets (CoinbaseAssets) April 11, 2022
The assets on the list will be officially listed between April 1 and June 30.
Until then, trading and transfers are not supported for any of them on the platform.
Cryptocurrencies to be included in Coinbase:
The cryptocurrencies to be included in Coinbase mainly consist of two categories:
45 of these coins are ERC-20 based on Ethereum:
ALEPH, Arcblock, BiFi, Big Data Protocol, Binance USD, BitDAO, Botto, TIME, Coin98, DappRadar, DEXTools, DFX Finance, Dope Wars Paper, DREP, Elastos, Gemini USD, Honey, Hopr Token, Index Cooperative Finance, Jupiter, Kromatika, LockTrip, MATH, Monavale, Morpheus Labs, mStable Meta, Muse, Nest Protocol, Opacity, OpenDAO, PARSIQ, PolkaFoundry, Polkamon, RAC, SelfKey, StackOS, StaFi, Strike, Student Coin, SwftCoin, Sylo, TE-Food, On Marshall, Ambleforth
The five digital currencies built on the Solana blockchain are:
Apricot Funding, Bitspawn, Green Satoshi Token, Media Network, Realy Currency.
Coinbase’s goal is to list as many cryptocurrencies as possible, provided they meet legal security, compliance, and technology standards.
This is regardless of the market value of the coin or the popularity of the project.Read:Bitcoin price drops after news spread of Turkey ban on cryptocurrency payments
This was Coinbase’s guiding principle, which explains why there are cryptocurrencies listed on the platform and not found in any other trading platform.Read:Bitcoin price drops below $40,000 as selling intensifies
Expand its reach:
Coinbase recently announced that it will launch its trading services in India.
The largest population of the country will be given access to the cryptocurrencies included in Coinbase, so it is necessary to include as many cryptocurrencies as possible.
The inclusion of these new digital currencies could not come at a better time as Coinbase strives to provide its customers with as many trading and cryptocurrency options as possible.
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