As one of the most popular cryptocurrency exchanges in the world, Coinbase is always adding new coins for its users to trade. The exchange has recently announced that it is adding support for the popular altcoin, Cardano (ADA).
This marks the first time that Coinbase has listed a coin from the top 10 cryptocurrencies by market capitalization.
Coinbase first announced its plans to add Cardano in a blog post on March 2. The post noted that ADA would be available to trade on the Coinbase Pro platform, with support for trading on the Coinbase Consumer platform to come later.
NOTE: WARNING: Be wary of any unconfirmed claims about what coins may be coming to Coinbase. Do your own research and exercise caution when considering any investment decisions. Do not trust rumors or speculation, and always consult an experienced financial advisor before investing in cryptocurrency.
ADA deposits are currently live on Coinbase Pro, with trading set to begin on March 5.
This is big news for Cardano and its holders, as it gives them much easier access to buying and selling their ADA. It also legitimizes Cardano as a top cryptocurrency, as Coinbase only lists coins that it believes are safe and have a strong future.
The addition of Cardano comes at an exciting time for the project, as it is close to launching its much-anticipated Shelley mainnet upgrade. Shelley is designed to make Cardano fully decentralized, and is expected to bring about a huge increase in adoption.
With its listing on Coinbase, Cardano is poised for even more growth in the coming months. So if you’re looking for a coin with a bright future, ADA is one to watch out for.
8 Related Question Answers Found
As one of the most popular and well-known cryptocurrency exchanges, Coinbase has been a major player in helping to bring digital currencies into the mainstream. Founded in 2012, Coinbase was one of the first exchanges to offer buying and selling of Bitcoin, and today it supports trading of a wide range of cryptocurrencies. In recent months, Coinbase has been making a number of changes and additions to its platform in order to meet the growing demand for cryptocurrencies.
It’s been a big year for Coinbase. The cryptocurrency exchange added Ethereum Classic, Litecoin, and Bitcoin Cash to its platform in July, and it’s now planning to add more assets in 2018. Here’s a look at some of the coins that Coinbase could add in the coming year.
As one of the most popular cryptocurrency exchanges in the world, Coinbase has listings for a variety of digital assets. However, not all coins are available on the platform. So, what coins will be listed on Coinbase?
As of now, Coinbase supports Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. It plans to add more coins in the future. Coinbase is one of the most popular cryptocurrency exchanges.
As of October 2020, Coinbase no longer offers interest-bearing accounts. This is due to regulatory changes in the United States. For a time, Coinbase did offer interest-bearing accounts, which allowed users to earn interest on their cryptocurrency holdings.
When it comes to buying cryptocurrency, Coinbase is one of the most popular exchanges out there. The platform makes it easy to buy, sell, and store digital assets, and offers a wide range of coins to choose from. So, what coins can you buy on Coinbase?
What is Coinbase? Coinbase is a digital asset exchange company headquartered in San Francisco, California. It operates exchanges of bitcoin, Ethereum, Litecoin and other digital assets with fiat currencies in 32 countries, and bitcoin transactions and storage in 190 countries worldwide.
As of September 2019, Coinbase supports three cryptocurrency assets: Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC). BTC, ETH, and LTC are all listed on Coinbase Pro, Coinbase’s institutional trading platform. In addition to these three assets, Coinbase also supports the US dollar (USD) and the Euro (EUR).