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Coinbase Custody is exploring over 30 cryptocurrencies listing

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Coinbase Custody is exploring over 30 cryptocurrencies listing

Coinbase Custody is exploring over 30 cryptocurrencies listing
CONTENT

  • Coinbase Custody Announces Exploration Of 37 Listing Assets

  • The exchange does not guarantee listing and did not name the timing

  • Earlier Coinbase was accused of one-sided development direction

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Well-known cryptocurrency exchange custodian Coinbase has announced over thirty new cryptocurrencies for listing

Coinbase Custody is exploring over 30 cryptocurrencies listing

Cryptocurrency custodian Coinbase Custody is exploring 37 new cryptocurrencies for listing on the site. The exchange announced this on its official blog..

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The new tokens include not only the assets of the decentralized finance market (DeFiDecentralized finance (DeFi) is financial services built on the basis of blockchain technology that offer users access to an open, efficient and … More), but also Bitcoin analogues on the Ethereum network … As part of the development of Coinbase Custody, the custodian is also exploring the possibility of serving more institutional clients in the Asia-Pacific region, the exchange said..

Source: medium.com

The list of new tokens for listing on Coinbase Custody includes: Aave (AAVE), Amp (AMP), Ampleforth (AMPL), Ankr (ANKR), ArCoin (ArCoin), Audius (AUDS), Barnbridge (BOND), BitTorrent Token (BTT ), Centrifuge (RAD), Conflux Network (CFX), Curve (CRV), DFI.Money (YFII), Elrond Gold (EGLD), JUST (JST), JUST Stablecoin (USDJ), Meta (MTA), MovieBloc (MBL ), mStable (MUSD), Neo (NEO), Nervos (CKB), Nexus Mutual (NXM), NKN (NKN), NuCypher (NU), Ontology (ONT), Paxos Gold (PAXG), Paxos Standard (PAX), Reserve (RSV), Reserve Rights (RSR), Request Network (REQ), Skale (SKL), SUN Token (SUN), tBTC (TBTC), Terra (LUNA), The Graph (GRT), Tron (TRX), VeChain (VET), WING (WING), WINK (WIN) and Wrapped Bitcoin (WBTC).

Coinbase Custody is exploring over 30 cryptocurrencies listing

Despite the extensive list of assets, the exchange emphasizes that the decision to support any asset for listing on the custodian will require serious technical due diligence and may require “regulatory approval in some jurisdictions.”.

“Therefore, we cannot guarantee whether any of the assets listed above will be available on Coinbase Custody in any jurisdiction, as well as the timeframe,” added the exchange representatives.

Controversial pioneer

Coinbase Custody is often the first signal that a cryptocurrency may be listed on the main marketplace, Coinbase. However, the exchange does not give any guarantees of further support for assets for trading..

Despite the frequent pumping of the price of cryptocurrencies after listing on the exchange Coinbase itself, the company was previously at the center of a scandal after co-founder Brian Armstrong announced the “apolitical mission” of the crypto exchange.

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Not all exchange employees had to make a single-handed decision, as a result of which more than 60 people left the American crypto platform, including several top managers..

At the same time, the exchange does not stop at the massive adoption of digital assets. Previously, Coinbase included the Compound DeFi protocol in its educational program, under which the exchange will reward users for learning the protocol..

Compound’s tuition fees are small – no more than $ 10. The exchange hopes that in this way it can make the DeFi industry understandable for more people and contribute to a more active development of the cryptocurrency market..

Coinbase Custody is exploring over 30 cryptocurrencies listing

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