Coinbase cryptocurrency exchange is in the process of listing 19 new cryptocurrencies for trading
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Answer Coinbase cryptocurrency exchange is in the process of listing 19 new cryptocurrencies for trading
Coinbase, one of the world’s largest cryptocurrency exchanges, has revealed a list of 19 digital currencies that it is reviewing for inclusion in the post for trading.
As for the list of potential 19 coins that Coinbase intends to include, it is as follows:
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, WBTC.
indicated Coinbase notes that its review process includes technical analysis and comprehensive analysis of the currency involved in the listing process, some of which may even require regulatory approval in different jurisdictions.
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Coinbase also stressed that mentioning the currency in the checklist does not officially guarantee its inclusion, but the possibility remains that the addition will not exist.
The Cobain Pieces announcement was as follows:
In accordance with our listing process, we will add new currencies based on jurisdiction, subject to applicable review and authorizations.
The mention of digital currencies in this post does not exclude any currency from active review and possible inclusion or not.
At the time of writing, most of the cryptocurrencies mentioned by Coinbase are trading in the green, with some of these coins up 2-8%, and some of them up over 17%.
This is what is known as the “Coinbase” effect, as as soon as the platform announces the addition of certain digital currencies, the currency index turns green and becomes an upward trend, which is what happened recently with the COMP currency that Coinbase contributed to highlighting to occupy advanced ranks as the best decentralized finance currencies. .
But Coinbase’s influence is volatile, and sometimes not at all on the coin announced for inclusion.
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