Coinbase provides custody services support to dozens of altcoin projects for international customers. The famous Bitcoin exchange continues to expand its crypto footprint.
- 1 Coinbase Custody expands custody services support to 70 altcoins
- 2 Which altcoins does Coinbase add support for?
- 3 Share this:
Coinbase Custody expands custody services support to 70 altcoins
The US-based cryptocurrency exchange supports more than 150 assets as part of the Coinbase Custody International cold storage trust in Dublin, Ireland. The famous Bitcoin exchange has now announced that it has added 70 more altcoins to this list. “These new assets can only be stored through Coinbase Custody International,” the exchange said in the announcement. They cannot be detained through Coinbase Custody Trust Company, LLC.”
Coinbase Custody International is a custody service firm for big money institutional investors. It entered the market in 2020. It provides non-US customers around the world with a highly secure way to store large amounts of cryptocurrency.
Which altcoins does Coinbase add support for?
Among the list of new assets is Aioz Network (AIOZ), a content delivery network that distributes bandwidth while reducing costs. The project’s website says it is fully focused on interoperability with Ethereum (ETH) and Cosmos (ATOM) Blockchains. He also notes that there is the possibility of providing instant certainty and low transaction fees.
Coinbase also has Gameswap (GSWAP), a complementary platform to Shroom.Finance (SHROOM). This allows players to trade Non Fungible Tokens (NFT).
Monavale (MONA) is Digitalax’s native token that enables users to design custom digital clothing in the form of NFTs. The project brings the Creative Commons (CC0) license into fashion for the Web 3.0 internet. In a blog post, he says his long-term goal is to be “the digital fashion NFT home for all games, virtual reality, and metaverses in the crypto ecosystem.”
Telcoin (TEL) powers fast transactions, especially global remittances. In this way, it bridges the gap between the telecommunications industry and the wider blockchain space.
Orca (ORCA) aims to be the most user friendly decentralized exchange (DEX) in Solana (SOL). Orca is a general purpose automated market maker (AMM) on the Solana Blockchain that allows users to trade tokens, place bets and earn returns.
Bonfida (FIDA) is built on both Solana and Solana-based Serum (SRM). It aims to be an all-in-one platform for data-driven crypto traders. The platform deals with metrics like exchange statistics, crypto company review and rating, crypto trends.
Celer Network (CELR) provides secure off-chain transactions. Celer Network is a scaling platform.
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