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Coinbase on the edge to add more 19 promising assets.

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Written by   123
1 week ago

The American based Crypto exchange Coinbase is exploring more assets to add on their portfolio of trading, and already choosed 19 to offer customers which announced on Friday July 31, 2020.

According to Coinbase Blog the team is still exploring more this 19 promising coins and tokens and will list all or part of them, and the chosen ones are:

  • 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.

I believe that the DeFi Boom is weighing on their balance to choose promising assets to list on the future, the demand for decentralized finances assets is huge and no management team want to stay out of the market and offer the best coins and tokens to customers. Recently, Coinbase offered reward to their customers who hold DAI on their accounts, with a whooping 2% per annum in earnings.

The exchange support for new assets is clearly showing their interest on DeFi, and in June the management team announced also the possibility to list Aave, Bancor, COMP, Synthetix among many others DeFi assets and according to the Blog they will continue to explore more Crypto assets and pretend to list at least 90% of all important aggregate marketcap on Cryptos that are already in circulation on the market.

The exchange also support the BAT token, the native asset of Brave Browser which customers can trade, buy and sell also withdraw using  Coinbase Visa card converting the BAT into fiat, across U.S and Europe. The native token from Brave is also used as collateral on MakerDAO showing up how important BAT can be to Hodl and transact on the Crypto space.

Stay tuned for more Cryptocurrency & Blockchain news, don't forget to download Brave Browser protect your privacy and earn passive income watching non intrusive ads.

Take care and have a great Sunday.

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Avatar for alberdioni8406
Written by   123
1 week ago
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Comments

Personally, I don't quite like coinbase. They are carrying too many kinds of coins and there's no exchange service between the coins.

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1 week ago

That's something they erroneously do, must give users the hability to exchange between coins that will bring even more customers to them!

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1 week ago

and most of them are defi coins...

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1 week ago

Yes most of them are DeFi assets, that Boom on the market is taking firms to bet high on that ecosystem of coins, something good, hold them you also have some influence on the smart contract protocols when the governance coins are used.

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1 week ago

Really informative..... Actually it's really helpful too...... Thanks for this article.

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1 week ago

Thanks you loved it 🙌

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1 week ago