Coinbase is reportedly ready to add more than 30 cryptocurrencies to its trading platform. Coinbase has strict parameters that will be used to determine which cryptos quality. In the long run, Coinbase hopes to add more than 90% of all crypto coins and tokens (of the ones that meet its requirements). Doing so will make Coinbase a true one-stop-shop to buy NEO, EOS, and more.
As we’ve noted in our Coinbase review, the platform is already the #1 crypto asset exchange in the world, with the Binance exchange a not-that-close second. However, Coinbase understands that to keep its edge, it needs to offer selection and service unmatched by any other exchange. Currently, the small handful of coins tradable at Coinbase may not be enough to keep it at the head of its class in the long term. This is why we expect Coinbase to keep its promise and start adding news coins at a fast pace in 2019.
What Coins is Coinbase Adding to Its Platform?
Coinbase is reportedly ready to add more than 30 cryptocurrencies to its trading platform. Coinbase has strict parameters that will be used to determine which cryptos quality. In the long run, Coinbase hopes to add more than 90% of all crypto coins and tokens (of the ones that meet its requirements). Doing so will make Coinbase a true one-stop-shop to buy NEO, EOS, and more.
As we’ve noted in our Coinbase review, the platform is already the #1 crypto asset exchange in the world, with the Binance exchange a not-that-close second. However, Coinbase understands that to keep its edge, it needs to offer selection and service unmatched by any other exchange. Currently, the small handful of coins tradable at Coinbase may not be enough to keep it at the head of its class in the long term. This is why we expect Coinbase to keep its promise and start adding news coins at a fast pace in 2019.
What Coins is Coinbase Adding to Its Platform?
So what other cryptocurrencies is Coinbase considering? As of today, this is a complete list:
– Cardano ADA, Aeternity AE, Aragon ANT, Bread Wallet BRD, Civic CVC, Dai DAI, District0x DNT, EnjinCoin ENJ, EOS EOS, Golem Network GNT, Iost IOST, Kin KIN, Kyber KNC, Chainlink LINK, Look Network LOOM, Loopring LRC, Decentraland MANA, Mainframe MFT, Maker MKR, Neo NEO, OmiseGo OMG, Po.et POE, QuarkChain QRK, Augur REP, Request Network REQ, Status SNT, Storj STORJ, Stellar XLM, Ripple XRP, Tezor XTR, Zilliqa ZIL
All of these coins seem to be safe from the United States’ designation of “security”, and each has a dedicated following around the world, with at least one concrete use case.
It’s always possible that one or more coins may be admissible for Coinbase in one jurisdiction, while not so in another. In a case like this, Coinbase would simply restrict trading in this jurisdiction, while leaving it available in others. In some cases, Coinbase might not allow users to store one or more of these currencies onsite, though trading would still be allowed.
NEO is one of the high-quality crypto tokens slated for addition to CoinbaseAny of these coins would benefit greatly from being included on the Coinbase platforms. Coinbase remains the most important gatekeeper for new cryptocurrency traders, and the assets listed on this exchange are seen as the most legitimate in the space, at least by many. EOS, NEO, XRP, LRC, and more are all legitimate projects in their own right, but being listed on Coinbase could improve their status and lead to long-term value gains for investors new and old.
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