Coinbase Announces 19 New Cryptocurrencies for Tentative Listing
Leading crypto exchange, Coinbase, announces a list of 19 cryptocurrencies which are currently under consideration for listing.
The exchange management is reviewing the following cryptocurrencies,
These new assets include, in alphabetical order: 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
The list includes a considerable amount of DeFi tokens in Ampleforth, Balancer, and Curve.
Tokens tracking Bitcoin and Golds’ price were also on the list with wBTC, tBTC and Paxis Gold. wBTC has risen to hold a greater amount of Bitcoin than Liquid and Lightning, and now, has procured listing on Coinbase before the support for the other two.
Earlier Coinbase built a reputation of listing a minimum number of cryptocurrencies pertaining to high standards of regulatory compliance and decentralization. Nevertheless, since mid-2018, it went to list over 30 cryptocurrencies. The earlier aversion often led to massive surges in newly listed protocols as investors awaited listing on Coinbase. Moreover, instances of Coinbase listing causing positive outbreaks are prevalent even today.
In the past two years, it has announced a review of over 75 cryptocurrencies, out which only 31 have made the cut.
Which cryptocurrencies do you think will Coinbase select this time? Please share your views with us.
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