Coinbase, one of the largest cryptocurrency exchanges in the United States, recently announced its support for Aeternity (AE), a blockchain platform that focuses on scalability and smart contracts. This is good news for the Aeternity community, as Coinbase is one of the most popular exchanges and its listing will likely increase the visibility and liquidity of AE.
Aeternity is a blockchain platform that uses “smart contracts” to facilitate transactions. Smart contracts are computer programs that can automatically execute transactions when certain conditions are met.
For example, a smart contract could be used to automatically sell a piece of property when the owner dies.
Aeternity is unique in that it uses “off-chain” smart contracts. This means that the execution of the contract does not need to be verified by the entire network (as is the case with “on-chain” smart contracts).
NOTE: WARNING: Coinbase does not currently support Aeternity. It is important to only deposit funds supported by Coinbase, as deposits of unsupported coins or tokens may be irretrievably lost.
This makes Aeternity much more scalable than other blockchain platforms.
The listing of AE on Coinbase is significant because it will make it much easier for people to buy and sell AE. Prior to this, people had to use less user-friendly exchanges or convert their AE into another currency before selling it.
Now that AE is listed on Coinbase, people can simply buy and sell AE directly on the exchange.
This is good news for the Aeternity community as it will likely lead to increased visibility and liquidity for AE. It remains to be seen how successful Aeternity will be in the long run, but the listing on Coinbase is a positive step forward.
10 Related Question Answers Found
AION is a multi-tier system designed to address the scalability, privacy, and interoperability challenges of blockchain networks. AION’s vision is to create a network of blockchains, where each blockchain can communicate with each other natively without the need for a central intermediary. The AION network enables the development of a Coordinated Chain Network (CCN) where member chains can interact with each other through a variety of mechanisms including:
– Cross-chain transactions: Users will be able to seamlessly transact with each other across different blockchains without the need for a centralized intermediary.
– Interchain services: Users will be able to access services provided by other chains in the network.
Coinbase is a digital currency exchange headquartered in San Francisco, California. They broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, Tezos, and many others, with fiat currencies in approximately 32 countries. Coinbase also offers custody services for institutional investors.
Coinbase is a digital asset exchange company headquartered in San Francisco, California. They are a regulated and licensed US financial institution. As of May 2018, they operate in 32 countries.
Since its inception in 2012, Coinbase has been a go-to spot for individuals looking to invest in cryptocurrencies. The popular digital currency exchange offers an user-friendly platform that makes it easy for people to buy, sell, and store cryptocurrencies. But does Coinbase have its own cryptocurrency?
As of late, there has been much talk about whether or not Coinbase has custodial accounts. For those who don’t know, a custodial account is an account where the private keys are held by a third party. In the case of Coinbase, this would be the company itself.
As one of the leading cryptocurrency exchanges in the world, Coinbase is often at the forefront of new developments and features in the space. So, does Coinbase have auto trading? The answer is both yes and no.
As one of the most popular cryptocurrency exchanges out there, Coinbase has a lot of features that users find helpful. One of those features is live support, which allows users to get help from customer service representatives in real-time. However, some users have been wondering lately if Coinbase still offers live support.
Yes, Coinbase supports Omni. Omni is a digital currency and communications protocol built on the Bitcoin blockchain. It enables anyone to securely and cheaply send, receive, and store digital tokens.
Coinbase, one of the most popular cryptocurrency exchanges, does not currently offer interest on the cryptocurrencies it holds on behalf of its customers. This may come as a surprise to some, as many other exchanges do offer interest on the digital assets they custody. However, it is important to understand the factors involved in why Coinbase does not currently offer interest on customer deposits.
Yes, Coinbase does pay APY (annual percentage yield) on its USDC stablecoin deposits. The APY currently offered is 1.
25%, which is relatively high when compared to other interest-bearing accounts. This makes Coinbase an attractive option for those looking to earn interest on their digital currency holdings.
