As of right now, you cannot buy DubaiCoin (DBIX) on Coinbase. However, there is a very good chance that this will change in the near future.
For those of you who don’t know, Coinbase is one of the largest and most popular cryptocurrency exchanges in the world. They are headquartered in San Francisco and currently offer trading in over 30 different cryptocurrencies.
So why can’t you buy DubaiCoin on Coinbase right now? The answer is actually quite simple. Coinbase has not yet added DubaiCoin to their platform.
However, there have been a few recent developments that suggest that they may be adding it soon.
NOTE: WARNING: Coinbase does not currently support DubaiCoin. Trading in cryptocurrencies is highly speculative and involves significant risk. If you are considering purchasing DubaiCoin, you should research the technology, associated risks and other factors before making any decisions. You should never invest more than you can afford to lose and be aware that cryptocurrency prices can be extremely volatile.
First of all, Coinbase recently announced that they are exploring the addition of a number of new cryptocurrencies to their platform. This includes DubaiCoin as well as a few other major altcoins such as Cardano (ADA), Stellar (XLM), and Zcash (ZEC).
So it’s clear that Coinbase is at least considering adding DubaiCoin to their exchange.
Secondly, DubaiCoin was recently added to another major cryptocurrency exchange called Binance. This is significant because Binance is one of Coinbase’s major competitors.
Therefore, it would make sense for Coinbase to add DubaiCoin in order to keep up with their competitor and attract more customers.
So while we cannot say for certain that Coinbase will add DubaiCoin to their platform in the near future, it seems highly likely that they will do so. If you want to buy DubaiCoin, your best bet right now is to use another exchange such as Binance or Kucoin.
10 Related Question Answers Found
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