CryptocurrencyExchanges

Coinbase is preparing a listing of 19 cryptocurrencies and tokens

American cryptocurrency exchange Coinbase has revealed a list of 19 cryptocurrencies and tokens that may be available for trading in the near future.

According to Coinbase’s announcement, these include the following cryptoassets: Ampleforth, Band Protocol, Balancer, Blockstack, Curve, Fetch.ai, Flexacoin, Helium, Hedera Hashgraph, Kava, Melon, Ocean Protocol, Paxos Gold, Reserve Rights, The Graph, THETA , tBTC, UMA and WBTC. The exchange analyzes the technical characteristics of these cryptoassets and their regulatory compliance. To host some of them, you will need to obtain permission from regulators in certain jurisdictions.

Coinbase warned that it does not guarantee listing of the listed cryptoassets, and the absence of other cryptocurrencies on the list does not mean that the exchange will not consider listing them in the future. Most of the cryptocurrencies and tokens specified by Coinbase for potential listing are traded in the green zone – their rate has grown by 2-8% per day.

Last fall, Coinbase looked into adding 17 cryptocurrencies, including Telegram’s Gram token. In 2018, the exchange  revised the process of placing cryptoassets on its platform. Before assets are listed, issuers need to go through a thorough appraisal process. In addition, the exchange decided to list assets that comply with local laws, that is, certain assets will be available in some regions and not in others.

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