🔥 Coinbase continues to explore support for 19 new digital assets !

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3 years ago

Coinbase’s goal is to offer support for all assets that meet our technical standards and which comply with applicable laws. Over time we expect our customers around the world will have access through Coinbase platforms to at least 90% of the aggregate market cap of all digital assets in circulation.

Here are the 19 lucky assets under review

  • Ampleforth,

  • Band Protocol,

  • Balancer,

  • Blockstack,

  • Curve,

  • Fetch.ai,

  • Flexacoin,

  • Helium,

  • Hedera Hashgraph,

  • Kava,

  • Melon,

  • Ocean Protocol,

  • Paxos Gold,

  • Reserve Rights,

  • tBTC,

  • The Graph,

  • THETA,

  • UMA, and

  • WBTC

Well, this is a large number of different cryptocurrencies to review.

If I am 100% honest, I do not know most of them so I decided to go and look at each of these projects.

Coinbase has been increasing the number of assets available on its platform sometimes making "weird" choices if you ask me.

Should you play the Coinbase effect?

Well, the Coinbase effect has been lower and lower through the years and I believe nowadays.

So I can only you tell you to do your own research before investing.

Nevertheless, this is a positive but as Coinbase is still a very retail oriented company (most consumer friendly US app).

I hope they will do a good amount of due diligence to prevent scams and dodgy projects.

Which one will be the Crypto you would love to see listed on Coinbase ?

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3 years ago

Comments

This is good. More Altcoins to coinbase.

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3 years ago

Hopefully they will make a good analysis to prevent stupid ones and scams :D.

Good news indeed

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3 years ago

Agree 👍

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3 years ago

Well Personally I'm super super excited for Kava and Balancer. I think it's big news for the Defi industry. They really are growing more and more

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3 years ago

When you rush to quickly, they might have obscure projects listed.

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3 years ago

When you rush to quickly, they might have obscure projects listed.

Indeed my dear @chesatochi !

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3 years ago