American largest crypto exchange Coinbase plans to add over 30 cryptocurrencies

Coinbase is the largest cryptocurrency exchange based in the USA. According to the information provided on December 7, it is planning to provide trading opportunities for over 30 cryptocoins. Many popular crypto have been added to the list including Ripple, Tezos, NEO and EOS. The official list of the potential add-ons consists of 31 cryptocoins. […]

By - December 18, 2018
Major Crypto Exchange Coinbase

Coinbase is the largest cryptocurrency exchange based in the USA. According to the information provided on December 7, it is planning to provide trading opportunities for over 30 cryptocoins. Many popular crypto have been added to the list including Ripple, Tezos, NEO and EOS.
The official list of the potential add-ons consists of 31 cryptocoins. The exchange platform informs that it is going to work with the representatives of banks and regulators for the coins to be added to a wider number of jurisdictions.

Coinbase

Another fact mentioned by Coinbase says that, unfortunately, not all the coins from the list will be surely added to the platform as some of them might be not able to overcome all the restrictions.

The exchange explains that it is impossible to add new tokens without a deep exploration process performed. That is why the platform can not guarantee that all the assets from the list will be available for trading. In addition, it may also be a situation when buyers will be able to buy and sell a certain coin but have no opportunity to send it to other wallets or receive it too.

Earlier in September, Coindesk made an announcement about the development of the new listing process that was created with the goal to make the process of adding new digital tokens quicker. At the same time, the platform added a remark that the following procedure will work only with those digital currencies which meet state legal regulations. That is the reason why some of the assets from the list require special jurisdiction for customers to access them.

The recent addition of the following exchange platform was made in November. Two new tokens such as Ethereum Classic (ETC) and later Zcash (ZEC) became available for trading.

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