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Friday, March 29, 2024

Coinbase is considering listing 19 new types of crypto assets, including Bitcoin and Paxos Gold

Crypto exchange platform Coinbase said on Friday that it is looking at 19 new types of crypto assets that could be listed.

These new cryptocurrencies 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 Bitcoin wrapped (WBTC).

New cryptocurrencies must meet high technical and regulatory requirements
Coinbase said the review process includes Viking compliance and key technical assessments. In particular, these digital assets must meet certain regulatory requirements depending on the region. Cryptocurrency assets under review will undergo rigorous assessments to be truly listed.

“Our goal is to provide and support all new crypto assets that meet our technical standards and comply with applicable laws.” – US exchange shared in a blog post.

“According to our listing process, we will add these new types of crypto assets on the basis of jurisdictional jurisdiction, subject to evaluation and authorization applied.” – US exchange added

Digital assets all increase in price when listed on Conbase
Coinbase – the company boasts more than 35 million users worldwide says it will continue to value more digital assets and over time, it hopes to support at least 90% of the total market capitalization. The school of all digital assets is in circulation.

New cryptocurrency on Coinbase

In June, exchange Coinbase revealed that it was in the process of discovering and adding 18 new crypto assets including Comp, Aave, Aragon, and Bancor.

Digital assets listed on Coinbase tend to increase sharply, such as the rise of Makerdaoftime MKR in May or Compound-like Comp in June – but the relationship called the ‘Coinbasebase effect’ ”Is always linear. Comp has increased by 300% in the near future and after listing Coinbase.

At the time of writing, most of the assets that Coinbase has announced for review are on the rise. For example, Melon increased by over 26%, Flexacoin 4.5%, and Reserve rights increased by 2.4%.

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