It’s been a big year for Akita Inu. The decentralized finance (DeFi) project has seen explosive growth in both users and value locked in its smart contracts.

And with a recent surge in Akita’s price, many are wondering if the popular cryptocurrency will be listed on Coinbase.

Coinbase is one of the most popular cryptocurrency exchanges and is often seen as a barometer for which assets are “legit” or not. A listing on Coinbase would no doubt be a huge boost for Akita Inu, but there are no guarantees.

Akita Inu’s price has been on a tear in recent months, rising from around $0.30 in October to a high of $0.80 in December.

The price has since pulled back to around $0.60, but the project continues to see strong interest from users and investors.

At the time of writing, Akita Inu has a market capitalization of $1.6 billion and is ranked 35th on CoinMarketCap.

Compare this to year-ago levels, when the project was just getting started and had a market cap of only $15 million.

So, will Coinbase list Akita Inu? It’s possible, but there’s no guarantee. Coinbase has listed other DeFi projects in the past, such as Maker (MKR) and Compound (COMP), so it’s certainly within the realm of possibility.

However, Coinbase also hasn’t been shy about delisting coins that it no longer sees as viable or valuable. Just last week, Coinbase announced that it was delisting XRP after SEC filed suit against Ripple Labs.

Coinbase will likely continue to list some DeFi coins, but it will also be selective about which ones it chooses to add. Akita Inu may eventually be listed on Coinbase, but there’s no guarantee that it will happen anytime soon.

If you’re a Coinbase user, you may have noticed that you’re unable to withdraw your money from the exchange. This is because Coinbase has placed a withdrawal limit on all accounts, and you’ll need to reach a certain level before you’re able to withdraw your funds.

There are a few different reasons why this limit exists, and we’ll go over them below.

The first reason why Coinbase has placed a withdrawal limit is to protect their users from themselves. Many people who are new to investing in cryptocurrencies don’t understand the risks involved, and they could easily lose all of their money if they tried to withdrawal everything at once.

By limiting withdrawals, Coinbase ensures that its users don’t make any rash decisions that could end up costing them dearly.

The second reason for the withdrawal limit is more technical in nature. Cryptocurrencies are still very new, and the infrastructure that supports them is not yet fully developed.

This means that there’s a risk of something going wrong when large sums of money are being transferred around. By limiting withdrawals, Coinbase reduces the chances of any major problems occurring.

Overall, the withdrawal limit is in place for two main reasons: to protect users from themselves, and to protect Coinbase from any technical issues that could arise. If you’re patient and wait until you’ve reached the limit, you’ll be able to withdraw your money without any problems.

If you’re new to the cryptocurrency world, you may be wondering why it takes so long to verify your Coinbase account. The process can seem slow and tedious, but there are actually a few good reasons for this.

For one, Coinbase is one of the most popular exchanges out there. This means that they have a lot of users trying to get verified all at once.

They also have a lot of security measures in place to make sure that all of their users are who they say they are. This includes verifying things like your identity and your bank account information.

Another reason why the verification process can take a while is because Coinbase is very strict about who they allow to use their platform. They want to make sure that only people who are serious about investing in cryptocurrencies are using their exchange.

This means that they have a lot of requirements that you need to meet before you can even start the verification process.

All of these factors can contribute to why the verification process on Coinbase can take a while. However, it’s important to remember that this is just a part of investing in cryptocurrencies.

Once you’re verified, you’ll be able to buy and sell cryptocurrencies on Coinbase without any problems.

When you make a purchase with Coinbase, the cryptocurrency is first transferred to a secure digital wallet on the Coinbase platform. The digital currency is then held in escrow until the transaction is completed.

Once the transaction is completed, the funds are released from escrow and are transferred to your wallet.

The reason Coinbase holds funds for 7 days is to protect buyers and sellers from fraud. If a buyer were to file a chargeback with their credit card company, for example, Coinbase would have the funds available to refund the seller.

Similarly, if a seller were to attempt to scam a buyer, Coinbase would have the funds available to refund the buyer.

7-day hold periods are standard practice for most cryptocurrency exchanges. So, if you’re looking to buy or sell digital currency, it’s important to be aware that your funds will likely be held in escrow for at least a week.

As the largest U.S. based cryptocurrency exchange, Coinbase has faced a lot of competition since its inception in 2012. Early on, its main competitor was Mt.

Gox, which was the leading exchange at the time. However, Mt. Gox was plagued by hackings and scams, and eventually went bankrupt. Coinbase then became the dominant exchange, but has since faced competition from other exchanges such as Kraken and Binance.

Coinbase has also faced competition from traditional financial institutions such as banks and brokerages, which have been slowly getting into the cryptocurrency space. For example, Goldman Sachs recently announced that it would be setting up a cryptocurrency trading desk, and Fidelity Investments has launched a cryptocurrency custody service.

So who is Coinbase’s biggest competitor? It depends on what you mean by “biggest.” If you mean by trading volume, then it is probably Binance or Kraken.

If you mean by number of users, then it is probably Robinhood or Square’s Cash App. And if you mean by traditional financial institutions getting into the space, then it is probably Goldman Sachs or Fidelity Investments.