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Coinbase Names 50 Tokens it Set to List Soon

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Coinbase Names 50 Assets it is Set to List in Q2 2022.


 

Coinbase has released a list of 50 digital assets it is considering listing in Q2 2022. In a blog post, the exchange said this is the first time releasing such a list to increase transparency in its listings by “providing as much information symmetry as possible.”

The assets contained in the list will be officially listed between 1 April and 30 June. Until then, trading and transfers are not supported for any of them on the exchange.

Assets to be listed 

Tokens coming on Coinbase comprise mainly of two classes.

45 of these coins are ERC-20 tokens. They are ALEPH, Arcblock, BiFi, Big Data Protocol, Binance USD, BitDAO, Botto, TIME, Coin98, DappRadar, DEXTools, DFX Finance, Dope Wars Paper, DREP, Elastos, Gemini USD, Honey, Hopr Token, Index Cooperative, Indexed Finance, Jupiter, Kromatika, LockTrip, MATH, Monavale, Morpheus Labs, mStable Governance Token: Meta, Muse, Nest Protocol, Opacity, OpenDAO, PARSIQ, PolkaFoundry, Polkamon, RAC, SelfKey, StackOS, StaFi, Strike, Student Coin, SwftCoin, Sylo, TE-Food, UnMarshal, Wrapped Ampleforth based on the Ethereum blockchain.

Others are 5 SPL tokens, Apricot Finance, Bitspawn, Green Satoshi Token, Media Network, and Realy on the Solana blockchain. 

Coinbase’s goal is to list as many assets as possible, provided they meet their legal, compliance, and technical security standards. This is regardless of the asset’s market cap or the project’s popularity. This has been the guiding principle of Coinbase, which explains why there are assets listed on the exchange that are not found on any other exchange.

Expanding its reach 

Coinbase recently announced it would be launching its trading services in India. The country’s largest population will be given access to assets listed on Coinbase, so listing as many assets as possible is necessary.

The listing of these new assets couldn’t have come at a better time as Coinbase strives to offer its customers as many asset options as possible. 

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Disclaimer

The content is for informational purposes only and may include the author’s personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

Mark Brennanhttps://thecryptobasic.com/
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

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