Coinbase, the largest exchange in the United States, is bringing new cryptocurrencies to its users.
The leading institutional investor exchange has stated that it is now supporting new crypto-assets, namely, BarnBridge (BOND), Livepeer (LPT) and Quant (QNT), which are available on Coinbase Pro.
Trading of the pairs BOND-USD, LPT-USD and QNT-USD will be launched in three phases: post-sale, limit only and full trade. Coinbase says it will post updates on Twitter as order backlogs move through these phases.
"If at any point one of the new order books does not meet our assessment of a healthy and orderly market, we may keep the order in a state for a longer period or suspend trading in accordance with our Trading Rules."
All three assets are now witnessing the so-called “Coinbase Effect”, with significant spikes in volume and price volatility.
BOND is the native BarnBridge protocol token that allows users to hedge against yield and price volatility in DeFi space.
LPT is an Ethereum token used to transcode and distribute video and encourage peers on the Livepeer network, the first fully decentralized live video streaming network protocol.