$54.53 2.94%
ZEC · 41w

Could Zcash (ZEC) Be the Next Major Cryptocurrency to Be Listed on Coinbase?

Coinbase Pro listed BAT onto its platform on November 3 XLM, ADA and ZCash expected to be listed in the near future

This week saw Coinbase Pro add Brave Browser’s Basic Attention Token (BAT) onto its platform. The tweet posted on November 3, 2018, states that traders will now be able to deposit BAT on Coinbase Pro.

To no one’s surprise, BAT reacted immediately following the announcement made by Coinbase, as the token experienced a surge of more than 10 percent in its value within a few hours and added approximately $ 55 million in market cap.

For any coin, getting added to a crypto trading platform like Coinbase is nothing short of an achievement.

Earlier this year, Coinbase published a blog post suggesting that it is exploring options to add several new assets on the platform – including Cardano (ADA), Stellar Lumens (XML), ZCash (ZCL), 0x (ZRX), and Basic Attention Token (BAT).

While 0x and BAT have already been added by Coinbase, it still leaves the other three in the queue.

In this article, BlockchainReporter looks at the three potential crypto assets which can start their own mini-rally after getting listed on Coinbase.

Stellar Lumens (XLM)

The Stellar Network (XLM) has witnessed considerable developments in the recent past.

The open-source value exchange protocol launched the world’s first zero-fee exchanged ‘StellarX’ in September. In his Medium post, Stellar co-founder Christian highlighted some features of the newly unveiled exchange platform – including a zero-fee trading mechanism, support for a number of fiat currencies, and complete end-to-end transparency.

On a more recent note, Stellar’s Interstellar announced the launch of its instant payment channel dubbed Starlight. What sets Starlight apart from the traditional transactions on the Stellar Network is that it locks transaction funds immediately in a secure channel where only settlement balances are revealed.


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