Crypto Giant Coinbase Reveals List of 50 Altcoins Under Consideration for Listing

cryptobizdaily.com2m ago

Crypto trade big Coinbase is saying dozens of digital property that it’s going to probably record throughout the second quarter of 2022.

From the first of April to the thirtieth of June, Coinbase says it’s contemplating itemizing 45 Ethereum (ETH)-based tokens and 5 Solana (SOL)-based tokens.

The crypto trade says it’s offering the data upfront to extend transparency on new asset listings.

“Beginning instantly and as a part of an effort to extend transparency by offering as a lot info symmetry as potential, Coinbase will probably be utilizing this weblog submit as a pilot to speak property into consideration for itemizing in Q2 2022.”

Among the many Ethereum-based tokens that Coinbase is contemplating for itemizing embrace stablecoins backed by rival crypto exchanges Binance and Gemini – Binance USD (BUSD) and Gemini Dollar (GUSD).

One other notable Ethereum-based altcoin into consideration for itemizing is the native token of decentralized finance platform Coin98 (C98).

One of many notable digital property based mostly on the Solana blockchain being thought-about for itemizing by Coinbase is the utility token of the approach to life crypto undertaking STEPN (GMT).

Since early March when GMT was initially listed at $0.01, the utility token of the approach to life crypto undertaking has stood out by surging by over 22,000% in a largely see-sawing market. GMT is buying and selling at $2.25 on the time of writing.

Nearly all of the tokens which are into consideration for itemizing throughout the second quarter are comparatively unknown and with low market capitalization.

The record of fifty Ethereum and Solana-based tokens that Coinbase is contemplating for itemizing comes somewhat over a month because the crypto trade announced that it might be “bringing on extra, usually newly created property or lesser-known tokens that might include extra buying and selling dangers, together with greater worth swings and elevated order cancellations”.

At the moment, Coinbase supports round 168 crypto property.

Test Price Action

Do not Miss a Beat – Subscribe to get crypto electronic mail alerts delivered on to your inbox

Comply with us on Twitter, Facebook and Telegram

Surf The Daily Hodl Mix

&nbsp Check Latest News Headlines


Disclaimer: Opinions expressed at The Each day Hodl should not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal danger, and any loses you might incur are your accountability. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in internet online affiliate marketing.

Featured Picture: Shutterstock/prodigital artwork/Sensvector