Coinbase has today announced it will be adding EOS to its servers, effective immediately.
Coinbase customers will now be able to buy and sell EOS, as well as exchange it against fiat currencies. The new feature will be available in most countries the exchange operates in, the only jurisdictions where it will not initially be available will be the United Kingdom and the state of New York.
The surprise announcement, made on the official blog post, comes as Coinbase continues to add new cryptocurrencies to its offering. “One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase,” the exchange said.
Until the beginning of Q4 2018, Coinbase had a highly-exclusive listing policy. In six years of operation, the exchange had only added five different virtual currencies. A listing often had a noticeable and long-term effect on the price, for example with Ethereum Classic (ETC) back in the summer.
In September, the exchange reviewed its Digital Asset Framework, the criteria it uses for listing new coins, so that it could quickly expand the number of supported assets. That included allowing token projects to apply for a listing. It’s not clear as of yet, whether EOS applied for a listing with the exchange.
But in the past nine months, more than 15 new coins have been added, including a whole host of stablecoins as well as use-case specific ones, like the gaming token LOOM. The exchange, including its professional arm, will now support upwards of twenty-two different digital assets.
EOS, which stands for “Ethereum Operating System”, is a platform that allows users to develop decentralized applications on top of it. Consistently ranked as one of the top ten largest cryptocurrencies by market cap, it will be Coinbase’s single largest addition since it added XRP earlier this year.
The post Coinbase Makes Surprise EOS Listing appeared first on Crypto Briefing.
Comments
Post a Comment