THELOGICALINDIAN - Coinbase aims to account every crypto asset that complies with regulations
Coinbase has created a new arrangement alleged Asset Hub that will accomplish it easier for crypto projects to acquire a advertisement on the exchange.
Asset Hub Streamlines Submissions
According to the announcement, Asset Hub allows projects to appeal a advertisement for their badge and appearance the cachet of that request. Coinbase describes the account as a “single interface … for agenda asset issuers to administer the abounding lifecycle of their assets.”
The close says that it aims to account every adjustable cryptocurrency asset, and adds that “streamlining the advertisement action is footfall one” against accomplishing that goal. “Our aperture is open,” the close says.
According to Coinbase’s latest blog post, the barter currently trades over 40 cryptocurrencies, while its accumulator analogue Coinbase Custody supports over 90 cryptocurrency assets.
The company’s latest advertisement does not acknowledgment advertisement fees. However, according to a 2018 blog post, Coinbase does not allegation appliance fees, but affluence the appropriate to allegation fees depending on acquiescence volume. It seems absurd that either of these behavior will change with its latest announcement.
Recent Listing Decisions
Coinbase’s best contempo listings accommodate Uniswap’s UNI token, different Ethereum-based tokens, and several DeFi tokens. Coinbase Custody has separately added abutment for several tokens. Many added tokens are beneath analysis as well.
Coinbase has additionally appear that it will suspend XRP trading on Jan. 19 in ablaze of the accuse filed aftermost ages adjoin Ripple by the U.S. Securities and Exchange Commission.
Given that the Asset Hub is aimed at activity leaders, individuals will charge to adviser the company’s blog for the latest on asset listings.
At the time of autograph this columnist captivated beneath than $50 of Bitcoin, Ethereum, and altcoins.
