Coinbase about to add new digital assets

Posted 06 August, 2019

In the cryptocurrency industry, the top players increasingly start striving to provide users with maximum accessibility to the most popular digital currencies. Coinbase, the largest US cryptocurrency exchange, announced in its blog about plans to explore 8 (eight) new digital assets for listing on its trading floors around the world.

The Coinbase report states the company's main goal is "to offer support for all assets that meet our technical standards and which comply with applicable laws".

The ambitious plans of the American exchange is to provide access for customers around the world through Coinbase services to digital assets with a total market capitalization of over 90%.

The company stated that it is considering the possibility of supporting new assets, including Algorand (ALGO), Cosmos (ATOM), Dash (DASH), Decred (DCR), Matic (MATIC), Harmony (ONE), Ontology ( ONT) and Waves (WAVES).

According to the publication, users may notice changes in the API and other signs indicating ongoing work on the potential addition of cryptocurrencies in the future. However, the exchange cannot guarantee whether support will be provided for any particular of them in all served jurisdictions.

After the announcement, the Matic cryptocurrency (MATIC) reacted most vividly to the news, located at 157th place in terms of market capitalization ($ 26.77 million), which showed a 19.09% price increase over the day. Among the largest capitalization of assets considered by Coinbase, Dash (DASH), in 15th place and Cosmos (ATOM), from 20th place, better known for the fact that in the latest Chinese rating, the asset overtook the main cryptocurrency Bitcoin.

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