Coinbase, one of the largest cryptocurrency exchanges in the United States, does not currently list Bonfire (BF) on its platform. This may be due to a variety of factors, including but not limited to: 1) Coinbase’s listing requirements; and 2) The current market conditions of BF.
1) Coinbase’s Listing Requirements: In order to be listed on Coinbase, a cryptocurrency must meet certain requirements. For example, the asset must be ” compliant with local law” and have ” a working product.
” It is unclear if Bonfire meets these requirements.
2) The Current Market Conditions of BF: The current market conditions of BF may also play a role in why it is not listed on Coinbase. For example, BF’s price is currently very volatile, which may make it less attractive to Coinbase.
Additionally, the trading volume of BF is relatively low compared to other cryptocurrencies.
Conclusion: Overall, it is unclear why Bonfire is not currently listed on Coinbase. However, it is likely due to a combination of factors, including but not limited to: 1) Coinbase’s listing requirements; and 2) The current market conditions of BF.