Major Crypto Exchange Coinbase ‘Explores’ Listing XRP, Cardano, EOS, Others


<

p style=”float:right;margin:0 0 10px 15px;width:240px”>

                U.S.-based crypto exchange Coinbase “explores� adding support for 31 cryptocurrencies, including major coins such as XRP, EOS, ADA.
                <p dir="ltr">Major <a href="https://cointelegraph.com/tags/usa">United States</a>-based crypto exchange <a href="https://cointelegraph.com/tags/coinbase">Coinbase</a> is &ldquo;exploring&rdquo; the possibility of providing trading support for over 30&nbsp;cryptocurrencies. Potential new additions include Ripple (<a href="https://cointelegraph.com/tags/ripple">XRP</a>), <a href="https://cointelegraph.com/tags/eos">EOS</a> and Cardano (<a href="https://cointelegraph.com/tags/cardano">ADA</a>), according to a press release <a href="https://blog.coinbase.com/coinbase-continues-to-explore-support-for-new-digital-assets-92ba4ab7f465" rel="nofollow,noopener" target="_blank">published</a> Friday, Dec. 7.</p><p dir="ltr">The company has revealed a list of 31 <a href="https://cointelegraph.com/tags/cryptocurrencies">cryptocurrencies</a>, including the aforementioned three, as well as <a href="https://cointelegraph.com/tags/neo">NEO</a>, Tezos (<a href="https://cointelegraph.com/tags/tezos">XTZ</a>), and others. Coinbase states that it &ldquo;will be working with local banks and regulators to add them in as many jurisdictions as possible.&rdquo;</p><p dir="ltr"><img alt="List of cryptocurrencies Coinbase is considering to add" src="https://coinsonnews.com/wp-content/uploads/2018/12/major-crypto-exchange-coinbase-ae˜exploresae-listing-xrp-cardano-eos-others.png" title="List of cryptocurrencies Coinbase is considering to add"></p><p style="text-align: center"><em>List of cryptocurrencies Coinbase is considering to add. Source: blog.coinbase.com</em></p><p dir="ltr">Coinbase added that a cryptocurrency being present in the list is not a guarantee that it will ultimately be added, as any coins could face some restrictions or might not be listed at all, after their evaluation is finished:</p><blockquote><p dir="ltr">&ldquo;Adding new assets requires significant exploratory work from both a technical and compliance standpoint, and we cannot guarantee that all the assets we are evaluating will ultimately be listed for trading. Furthermore, our listing process may result in some of these assets being listed solely for customers to buy and sell, without the ability to send or receive using a local wallet.&rdquo;</p></blockquote><p dir="ltr">Back in September, Coinbase <a href="https://cointelegraph.com/news/new-coinbase-listing-process-will-allow-exchange-to-rapidly-increase-supported-assets">announced</a> a new listing process that would allow it to add digital assets faster than before. However, the <a href="https://cointelegraph.com/tags/crypto-exchange">crypto exchange</a> has pointed out that the new procedure only applied to digital assets that were compliant with their local regulations. Thus, certain assets listed by Coinbase might only be available to customers in particular jurisdictions.</p><p dir="ltr">In November, the U.S.-based crypto exchange <a href="https://cointelegraph.com/news/coinbase-wallet-adds-support-for-ethereum-classic">added</a> Ethereum Classic (<a href="https://cointelegraph.com/tags/ethereum-classic">ETC</a>) and <a href="https://cointelegraph.com/news/coinbase-pro-launches-support-for-zcash">later</a> Zcash (<a href="https://cointelegraph.com/tags/zcash">ZEC</a>) trading to its platform.



Source link

Comments (No)

Leave a Reply

%d bloggers like this: