Coinbase, one of the largest cryptocurrency exchanges in the U.S., is rumored to be adding Viacoin (VIA) to its platform.
This would be a major development for VIA, which has a market capitalization of just over $100 million. If VIA is added to Coinbase, it would likely see a significant price increase due to the increased exposure and liquidity.
Viacoin is a decentralized cryptocurrency that uses blockchain technology to enable instant payments and borderless transactions. VIA has been around since 2014 and is currently ranked 85th on CoinMarketCap with a market cap of $109 million.
NOTE: This is a warning to all potential investors in Viacoin: it is not currently listed on Coinbase and Coinbase has not officially announced any plans to list Viacoin. Any statements or claims that suggest otherwise should be regarded with extreme caution. Investing in Viacoin, or any other cryptocurrency, carries risk and you should only invest what you are willing to lose.
The rumor of VIA being added to Coinbase first surfaced on Reddit, where a user posted an image of what appeared to be an internal Coinbase document listing VIA as an upcoming asset. The document showed that VIA was in the process of being integrated into Coinbase’s systems.
Coinbase has not yet confirmed the rumors, but it is worth noting that the exchange has added several new assets in recent months, including ERC20 tokens such as 0x (ZRX) and Basic Attention Token (BAT). It is possible that Coinbase is simply expanding its offerings and adding VIA is part of that process.
If Coinbase does add VIA, it would be a major boost for the cryptocurrency. VIA would likely see increased trading volume and price appreciation due to the increased exposure on Coinbase.
This would provide a nice boost for the cryptocurrency market as a whole as well.
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