What is the Announcement coinbase done?
Coinbase, the US based worl's largest digital currency exchanger has officially announced that they are exploring addition of the following assets to coinbase.
- Cardano (ADA)
- Basic Attention Token (BAT)
- Stellar Lumens (XLM)
- Zcash (ZEC)
- 0x (ZRX)
These all token causing the price of token to surge, while bitcoin has struggled to demonstrate any big price action.
Coinbase says that they are making this announcement at coinbase and to public at same time to make the transparent relation betweem coinbase and customers.
Coinbase said that they will negotiate with local banks and regulators to add the assets to as may jurisdictions possible.
In last coinbase announcement on jun 2018 that it will support Ethereum classic on their platform after which the ETC price rise by more than 25 %.
All these assets requires more detailed study and has not yet determined when or whether these coin will become available on the coinbase platform.
Hey guy's I got this information from coinbase blog.
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