As of September 2019, SPE is not on Coinbase. This is because Coinbase only lists four ERC20 tokens – Augur (REP), Basic Attention Token (BAT), 0x (ZRX), and Civic (CVC).
SPE is not one of these four tokens.
SPE is an ERC20 token that was created by the team at Speed Mining Service. Speed Mining Service is a cloud mining service that allows users to mine cryptocurrencies without having to set up their own mining rigs.
NOTE: This is an unverified statement and should not be taken as fact. Coinbase has not officially confirmed whether or not SPE is available on their platform. Investing in cryptocurrency carries a high level of risk and may result in loss of capital. Before investing, always conduct your own research and consult a financial advisor.
The team behind SPE decided to create their own token so that they could offer their users a way to get discounts on their mining services.
While SPE is not currently listed on Coinbase, this could change in the future. The team at Speed Mining Service is working on getting their token listed on more exchanges so that more people can use it to get discounts on their mining services.
If you’re interested in using SPE, you can buy it on Binance or IDEX.
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