Coinbase, Next coins to come | Cardano, BA Token, Stellar Lumens, Zcash and 0x, But Not Ripple/XRP

After Adding Ethereum Classic Support to Coinbase, Now Coinbase is Considering Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x

After Adding Ethereum Classic Support to Coinbase, Now Coinbase is Considering Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x

After Adding Ethereum Classic Support to Coinbase, Now Coinbase is Considering Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x

Coinbase just last  month confirmed adding ETC to it platform in a statement:

We are pleased to announce our intention to add support for Ethereum Classic (ETC) to Coinbase in the coming months. We are announcing this both internally and to the public consistent with our process for adding new assets.

Per this process, we will now begin the engineering work (Step 4) for supporting Ethereum Classic. As part of this process, customers can expect to see public-facing APIs and other signs that the asset is being added. When we reach the final testing phase of the technical integration, which we expect to occur over the next few months, we will publicly announce a launch date for trading via our blog and Twitter (Step 5).

And now coinbase is actually considering 5 new set of coins:

While they are still mentioning it as “exploring” not actually adding them, it is still big news for all those coins and all crypto market expansion in US.

We are exploring the addition of several new assets, and will be working with local banks and regulators to add them in as many jurisdictions as possible.

They also confirm that ETC will be set for trading for sure because of the similarity to ETH, but the new coins may not all be available for trading.

Unlike the ongoing process of adding Ethereum Classic, which is technically very similar to Ethereum, these assets will require additional exploratory work and we cannot guarantee they will be listed for trading. Furthermore, our listing process may result in some of these assets being listed solely for customers to buy and sell, without the ability to send or receive using a local wallet. We may also only enable certain ways to interact with these assets through our site, such as supporting only deposits and withdrawals from transparent Zcash addresses. Finally, some of these assets may be offered in other jurisdictions prior to being listed in the US.

Coinbase Ready To Add New Crypto Coins, CNBC Report

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The five digital coins include cardano, basic attention token, stellar lumens, Zcash and 0x.

“It wouldn’t surprise me to see these things up 20, 30, 40 percent over the weekend,” digital trader Brian Kelly said Friday on “Fast Money.”

Cardano, Brian Kelly said it is similar to ethereum. “They have working network,” he said. “They have a live road map. That’s important. That’s what the [Securities and Exchange Commission] said was important, so it’s not a security.”

Basic Attention Token, This coin is unique in that it offers an ad-free experience, Kelly said. “You can use Basic Attention Token to pay for content on the web.”

0X, Pronounced “zero x,” this is a decentralized exchange protocol that Kelly said is “up and running.”

Stellar Lumens, Kelly said this token is similar to ripple.

Zcash,This is a privacy token, “so you can send stuff back and forth without people knowing,” he said.

Kelly said the digital asset platform Gemini has already said it’s going to have Zcash on its platform.

“So this one is probably one of the most likely” to be approved by Coinbase, Kelly said.

 

 

Tags: cryptocurrencies,coinbase, coinbase platform add eth, coinbase to add cardano, bitcoin,  , Litecoin, bitcoin cash, btc, bch, bth, etc, ltc,  coinbase new coins

Mohsen Daemi
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