Coinbase, Exchanges

Is KLV on Coinbase?

It’s been a rollercoaster ride for the crypto community since Coinbase announced that it was adding support for Ethereum Classic (ETC) on its platform. While many were excited about the news, others were quick to point out that the addition of ETC could lead to the delisting of other coins.

One such coin is Kraken’s Leveraged Token (KLV).

KLV is a token that allows users to trade with leverage on the Kraken exchange. It was launched in 2019 and is currently only available on the Kraken platform.

NOTE: This question is not applicable to Coinbase as KLV is not a cryptocurrency that can be traded via Coinbase. Additionally, Coinbase does not support any KLV-related trading activities. As such, please refrain from asking this question in relation to Coinbase.

If Coinbase were to add support for KLV, it would likely mean the end of Kraken’s leverage trading feature.

This is because Coinbase is known for its strict listing requirements. Coins that are listed on Coinbase must meet certain criteria, including being fully compliant with US regulations.

KLV does not meet these criteria, which means that it is highly unlikely that Coinbase will add support for it.

So, while there’s a chance that KLV could eventually be listed on Coinbase, it seems unlikely at this time.

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