Coinbase, the largest cryptocurrency exchange in the USA, made new announcements the other day. While Coinbase is releasing one of the altcoin projects it is considering to list; The chance for other altcoins to enter the stock market continues. Here are the details…
- 1 Coinbase Custody adds support for altcoin projects
- 2 New ones added to altcoins that are likely to be listed
- 3 Eliminated possibility of LOC being listed
- 4 Share this:
Coinbase Custody adds support for altcoin projects
Cryptocurrency exchange Coinbase has announced that it has added ERC-20 token support for Mines of Dalarnia (DAR), Marlin (POND), Automata Network (ATA) and StaFi (FIS) on the Ethereum network. After this announcement, the exchange added these 4 altcoins to its “Custody” arm. In addition, 10 altcoins managed to enter the Custody arm. AmkNews.com As we reported, Coinbase Custody is backed by an insurance program that protects both offline and online assets in Coinbase products; It is an independent, independently owned business under New York state banking law. Coinbase Custody is regularly audited by major financial and security audit firms.
You can see the list of coins added for the Custody service below:
- Pluto (PLU)
- UniLend Finance (UFT)
- Aventus (AVT)
- Primer (AST)
- Arcblock (ABT)
- PowerPool Concentrated Voting Power (CVP)
- Mines of Dalarnia (DAR)
- HAPI (HAPI)
- Dogelon Mars (ELON)
- EDDASwap (EDDA)
- Cryptocurrency (CRPT)
- TitanSwap (TITAN)
- Rio DeFi (RFUEL)
- SWFTCOIN (SWFTC)
New ones added to altcoins that are likely to be listed
Coinbase announced in its statement yesterday that it has added AirSwap (AST) and MEtisDAO (METIS) to its roadmap. AirSwap describes itself as a decentralized, peer-to-peer token trading network powered by Ethereum. MetisDAO, on the other hand, is a layer-2 focused project that aims to transition from web2 to web3.
Adding it to the roadmap means that the altcoins in question may be seen on the stock market in the future. However, it should be noted that there is no certainty at this point. There are many coins that Coinbase has reviewed but not yet listed. Even the coins that are included in this list can be removed from the list.
Eliminated possibility of LOC being listed
For example, LockTrip (LOC) has been removed from the list of assets under review, that is, from Coinbase’s roadmap. It is not unknown that the coins that Coinbase has announced the possibility of being added are experiencing a rapid increase in value. However, the LOC suffered a rapid decline as it was delisted. It’s changing hands at $1.36, down 10 percent at the time of writing. The coin was trading at $1.54 during the day.
LockTrip.com is a Blockchain-based travel marketplace that allows users to save up to 60 percent on their bookings by cutting agents and commissions. It is possible to choose from various payment methods such as credit card, popular cryptocurrencies and native LOC token to bypass payment fees. LockTrip’s stated mission is to make travel more accessible by driving prices down for the average user.
Disclaimer: The articles and articles on AmkNews do not constitute investment advice. AmkNews.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is AmkNews an investment advisor. For this reason, AmkNews and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of AmkNews and quoting by giving a link is subject to the permission of AmkNews. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of AmkNews in violation of intellectual property law and relevant legislation.