Coinbase Launches Full Trading of Basic Attention Token


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                U.S.-based cryptocurrency exchange Coinbase has launched full trading for the Basic Attention Token at Coinbase.com, as well as on the Coinbase Android and iOS apps.
                <p dir="ltr">American cryptocurrency exchange and wallet provider <a href="https://cointelegraph.com/tags/coinbase">Coinbase</a> has announced the rollout of full trading of the Basic Attention Token (BAT) at Coinbase.com and in the Coinbase <a href="https://cointelegraph.com/tags/android">Android</a> and <a href="https://cointelegraph.com/tags/ios">iOS</a> apps, per a blog post <a href="https://blog.coinbase.com/buy-and-sell-bat-on-coinbase-454a7eb9f3a" rel="nofollow,noopener" target="_blank">published</a> Nov. 8.</p><p dir="ltr">According to the announcement, Coinbase&rsquo;s customers can now buy, sell, send, receive, or store BAT along with other digital currencies supported on the platform. The <a href="https://cointelegraph.com/tags/cryptocurrency-exchange">exchange</a> also notes that BAT will be available for customers in most jurisdictions, except initially for residents of the state of <a href="https://cointelegraph.com/tags/new-york">New York</a>.</p><p dir="ltr">Coinbase <a href="https://cointelegraph.com/news/coinbase-launches-support-for-basic-attention-token-bat">announced</a> that it started accepting inbound transfers of BAT to Coinbase Pro last week, indicating that BAT trading would only start once the coin established sufficient liquidity.</p><p dir="ltr">The exchange stipulated that the token would undergo four listing stages, including &ldquo;transfer-only,&rdquo; where users will be able to transfer BAT into Coinbase Pro accounts; &ldquo;post-only,&rdquo; which would enable customers to post limit orders; &ldquo;limit-only,&rdquo; where limit orders start matching; and the final stage &ldquo;full trading,&rdquo; which gives full access to trading services, including limit, market, and stop orders.</p><p dir="ltr">After the previous announcement, the BAT price spiked, surging by over 20 percent on the day. Today, the <a href="https://cointelegraph.com/tags/altcoin">altcoin's</a> price had a far more measured response, increasingly only slightly before slumping in the last few hours. At press time, BAT is down 3.87 percent on the day according to <a href="https://coinmarketcap.com/currencies/basic-attention-token/" rel="nofollow,noopener" target="_blank">CoinMarketCap</a>.</p><p dir="ltr">Still the cryptocurrency has seen a steady growth on its weekly chart from $0.253 on Nov. 2 to its highest weekly price point of around $0.379 today. At press time, BAT is trading at $0.321.</p><p dir="ltr">In October, Coinbase <a href="https://cointelegraph.com/news/coinbase-launches-trading-for-first-erc-20-token-on-platform">added</a> support for 0x (ZRX), making it the first <a href="https://cointelegraph.com/explained/erc-20-tokens-explained">ERC-20</a> token available for trade on the platform. In the same month, the exchange also <a href="https://cointelegraph.com/news/coinbase-and-circle-launch-usdc-stablecoin-with-purported-full-backing-in-us-dollars">launched</a> the first <a href="https://cointelegraph.com/tags/usa">U.S.</a> dollar <a href="https://cointelegraph.com/tags/stablecoin">stablecoin</a> on the platform, USDC, in partnership with <a href="https://cointelegraph.com/tags/blockchain">blockchain</a>-powered payments technology company <a href="https://cointelegraph.com/tags/circle">Circle</a>.



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