Coinbase’s new announcement states that the exchange is looking into five new coins that might be added to its very short list of offered cryptocurrencies. The altcoins in question include Cardano (ADA), Stellar Lumens (XLM), 0x (ZRX), Basic Attention Token (BAT), and Zcash (ZEC). Coinbase plans new adoptions
It is every altcoin’s dream to get listed on Coinbase, and for some of them, that dream might become a reality very soon. After months of waiting, Coinbase users, as well as fans of five different cryptos have finally received some good news. Coinbase’s announcement, that was just released yesterday, states that the exchange plans to adopt five new digital currencies.
The cryptocurrencies in question include Stellar Lumens (XLM), Cardano (ADA), 0x (ZRX), Zcash (ZEC), and Basic Attention Token (BAT). Despite the fact that these are not the only coins that Coinbase has decided to open up to recently, their addition will still be important. Recently, Coinbase announced that it will bring back Ehereum Classic (ETC). Still, this listing was not really a groundbreaking event, considering that ETC was already offered on Coinbase in the past. Instead, this marked a comeback for ETC and a testing ground for Coinbase.
Beating the competition
Coinbase is one of the most popular exchanges around. It serves more than 13 million users, and the addition of new tokens might attract even more of them. Of course, Coinbase did not make an official move towards adoption just yet. For now, the exchange is only considering the coins, as well as exploring them, and making sure that they fit the regulations.
If the exchange finds that the coins fit, they will soon join the likes of Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), and Ethereum (ETH). By adding more coins, and offering a larger selection, Coinbase is hoping to attract more customers and beat the competition. Of course, this doesn’t mean that the exchange is doing badly as it is.
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