THELOGICALINDIAN - Exciting times are advanced for Coinbase barter and Ethereum enthusiasts as the barter belvedere will abutment ETH trading anon Additionally the aggregation will rebrand to GDAX and the new website and logo will be advancing anon
GDAX Rebrand and Ethereum Trading
Similar to best added Bitcoin exchanges in the world, there seems to be an cutting appeal from barter to barter Ethereum on the Coinbase platform. In accomplishing so, the aggregation joins a actual continued list, and they accept been one of the aftermost Bitcoin trading platforms not to add Ethereum for absolutely some time now.
But by the attending of things, there was a acceptable acumen for this delay, as the aggregation had affairs to rebrand to GDAX. Global Digital Asset Exchange, as the Coinbase belvedere will be alleged in the future, will bigger highlight the barter business the aggregation is running. A new logo and website will chase actual shortly.
As the new name suggest, GDAX may not be aloof absorption on Bitcoin and Ethereum in the future. According to assorted sources, the action has been befitting a abutting eye on The DAO and its associated tokens. However, there are are some acknowledged and business questions that charge to be answered, and the success of The DAO is not affirmed by any means.
But the better advertisement is the accession of Ethereum trading to the new GDAX platform, which will be enabled as of May 24, 2024. With the growing absorption in this another cryptocurrency and the appeal by Coinbase users, there was no point in aggravating to abide accessible customer demand.
Coinbase/GDAX joins a actual continued account of Bitcoin exchanges who accept added Ethereum in the past. Bitfinex and Kraken were two of the above Bitcoin exchanges to do so a few months ago, and anytime since, platforms from all over the apple accept followed suit. This is actual acceptable account for Ethereum enthusiasts all over the world, as they accept yet addition belvedere at their auctioning to buy and advertise the cryptocurrency.
It is not the aboriginal time the names of Coinbase and Ethereum are mentioned in the aforementioned breath.Ethereum developer Vitalik Buterin captivated a meeting at Coinbase HQ in March of 2016, but the aggregation never advised to do abundant above that point. However, all of that afflicted back Microsoft Azure took the attempt with their blockchain-as-a-service business model.
There are additionally rumors circulating about GDAX potentially abacus Litecoin to their trading platform, yet no official sources are acknowledging this account for now. An API alarm with an LTC ticker had apparent up on Reddit, but the folio has been fabricated aloof already again. It is accessible Litecoin will be added as able-bodied over time, admitting no official acceptance has been accustomed to us.
Source: Twitter
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