Coinbase, one of the most popular cryptocurrency exchanges in the United States, is adding Plair (PLA) to its platform. PLA is a gaming and esports token that will be used to power the Plair ecosystem.
This news comes just a week after Plair announced its partnership with Binance to launch an Initial Exchange Offering (IEO).
With PLA now being listed on Coinbase, it is easier for users to buy and sell the token. In addition, Coinbase is also offering staking rewards for PLA holders.
NOTE: No, Plair is not currently available on Coinbase. There are reports of fraudulent activity involving Plair and other related tokens, so be sure to do your research before purchasing any Plair-related tokens. Be aware that Coinbase does not support any form of digital asset that is deemed to be a security or otherwise subject to regulation. In order to protect yourself, only purchase digital assets from reputable exchanges and do your own due diligence before investing.
Staking is a process where users can earn rewards for holding onto their tokens in order to help secure the network.
The listing of PLA on Coinbase is a big win for the Plair project. It gives the project more exposure and legitimacy.
In addition, it will help Plair grow its user base and ecosystem.
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