Over the past months, Coinbase has revealed plans to list new coins on its platform. Many of them are already listed, while some are yet to be listed on the exchange platform.
Cryptocurrency exchange Coinbase now supports Civic (CVC), Decentraland (MANA), and district0x (DNT) on its platform. Also, the exchange now allows the three Ethereum tokens on its android and iOS apps. Notably, CVC is a decentralized ID protocol token, MANA is a virtual real estate token, while DNT is a decentralized marketplace token.
CVC, MANA, DNT on Coinbase
On the 5th of November, Coinbase revealed the latest development on the Coinbase Blog. Now, the coins will be exposed to a larger audience. However, Coinbase Pro has been supporting the tokens since 2018.
In its official blog, Coinbase said:
“Coinbase customers can now buy, sell, convert, send, receive, or store CVC, MANA, and DNT.”
As noted in the announcement, the token will be available in all Coinbase-supported locations. However, DNT will not be available in New York State.
For New York residents, Coinbase will now make three other tokens available. According to a report by CryptoBriefing, the three tokens are 0x (ZRX), Kyber Network (KNC), and OMG Network (OMG). These tokens have been previously listed but were not available to the residents.
Over the past months, Coinbase has revealed plans to list new coins on its platform. Some are already listed, while some are yet to be listed on the exchange platform. In June, Coinbase said it has plans to list Aave, Bancor, Compound, and Synthetix.
A month after, the exchange unveiled further plans to list 19 new DeFi tokens. At the time, Coinbase said the exchange is exploring support for new digital assets.
In a blog post, Coinbase highlighted the new assets in alphabetical order. They 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 WBTC.
Coinbase Custody Adds New Coins
Last month, a Coinbase crypto exchange subsidiary Coinbase Custody also announced new coins it would provide custody support. As part of growing the crypto space, Coinbase Custody said it would be listing over 36 digital assets in the coming months. In addition, the leading crypto custodian said it would launch new features.
Furthermore, Coinbase Custody said the new listings are subject to regulatory approval and authorizations.
Though Coinbase Custody was launched to focus on serving institutional investors, the crypto custodian now services individual investors that hold large amounts of cryptocurrencies. Since its inception in 2018, the custodian has grown to manage digital asset portfolios for more than 300 institutional investors.
Coinbase Custody also has plans for more listings in the near future.
Apart from the new listings in October, Coinbase also announced a development related to its debit card in the same month. On the 28th of October, Coinbase announced that its US customers can now join the waitlist for its Visa Inc (NYSE: V) debit card. Coinbase Card is currently available in the UK, US, and 28 other countries.
Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience. Apart from writing, she likes to see movies, cook, and explore restaurants in the city of Lagos, where she resides.