Skip to main content

Coinbase Lists Three New Ethereum Tokens With More on the Way

 



It will also allow New York residents to trade three tokens new to them.


Key Takeaways

  • Coinbase has listed three new tokens on its exchange and extended three other tokens to New York investors
  • All six tokens are Ethereum-based ERC-20 tokens.
  • The exchange has dozens of other cryptocurrencies under consideration for future listings.

Coinbase announced support for three new cryptocurrency listings today on its official blog. The company also extended trading for three other cryptocurrencies to New York investors.

Coinbase’s Latest Additions

Beginning today, the exchange will allow users to trade three tokens:

  • Civic (CVC): A decentralized ID protocol token.
  • Decentraland (MANA): A virtual real estate token.
  • District0x (DNT): A decentralized marketplace token.

All three cryptocurrencies are based on Ethereum’s ERC-20 standard, and all three have been supported on Coinbase Pro since 2018. Coinbase’s decision to list these coins on its retail exchange brings the coins to a much larger audience.

The company will also allow New York residents to trade three tokens that were previously listed but not available to them:

  • 0X (ZRX): A decentralized exchange token.
  • Kyber Network (KNC): An on-chain liquidity protocol token.
  • OMG Network (OMG): An Ethereum scaling platform token.

Other Tokens on the Way

Coinbase is continually adding new cryptocurrencies to its listings. It announced dozens of potential new coins in June and July, some of which have already been listed. 

Coinbase Custody, the company’s asset storage service, is also exploring the addition of several cryptocurrencies, as revealed in October.

Given the vast number of Ethereum-based tokens on the market, it has chosen to be selective about the tokens it supports—listing over 45 considerations for potential listings.

In related news, Coinbase has announced that it will not list a forked Bitcoin Cash token if one emerges next week.




Comments

Post a Comment

Contact us

Name

Email *

Message *

Popular posts from this blog

Cryptocurrencies Adding to the Safety and Security in the UK Gambling Industry

These are exciting times for the UK gambling industry. The impact of internet technology is now being felt with online gambling now controlling the industry.  The adoption of cutting-edge technology is reasonable for the boom in the industry. From live casinos, mobile apps to artificial intelligence, incredible trends continue shaping the gambling industry. However, it is the rise of cryptocurrency casinos that seeks to redefine UK gambling.  Many operators now include crypto coins such as bitcoin, Ethereum and Litecoin as part of their banking methods. Others offer exclusive bitcoin payments and promotions based on digital tokens. This revolutionary trend has a huge impact due to enhanced safety and security on these platforms. Players looking for peace of mind when playing online now opt to use cryptocurrencies. This post looks at how cryptos guarantee the safety and security of players at online casinos. How Cryptocurrency Gambling Works There’s a lot of talk ab...
Post a Comment
Read more

Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan

  Customers in those countries who send crypto outside their Coinbase accounts must provide recipients’ names, addresses and in some cases, additional information, as of early April. Cryptocurrency exchange Coinbase Global (COIN) will soon require its customers in Canada, Japan and Singapore who send cryptocurrency to another financial institution or exchange to provide the name, address and in the case of Japan, the destination wallet of the recipient. Coinbase has been sending notices to its customers in those countries that the changes will take effect in early April in order to comply with local travel rules in those places. Coinbase didn't immediately respond to requests for additional comment on the moves, but confirmed that they were taking place. The move  does not seem to be going over well  with Coinbase customers in those countries, who value the anonymity of transactions using cryptocurrency. According to a  FAQ provided by Coinbase , for Canadian users, ...
Post a Comment
Read more

Farm GRASS earn MONEY

  Use your Unused Internet Bandwidth to make $$$ In today’s interconnected world, the concept of passive income has taken on new dimensions, offering innovative ways for individuals to monetize underutilized assets.  One such groundbreaking avenue involves earning money by selling your unused internet connection.  By participating in decentralized networks like Grass, individuals have the opportunity to turn their dormant bandwidth into a valuable asset, contributing to a fairer and more equitable digital landscape while generating income. Grass is a decentralized network sharing application designed to offer an alternative to existing centralized networks.  It allows users to sell their unused bandwidth directly, without the need for exploitative middlemen.  The platform operates by enabling users to download a web extension that runs in the background, assisting others in accessing public web data in exchange for payment using the protocol’s native token. How ...
Post a Comment
Read more