Coinbase, Exchanges

What Coins Are Coinbase Buying?

As one of the most popular cryptocurrency exchanges in the world, Coinbase is frequently adding new coins for its users to buy and trade. In the past year, Coinbase has added support for several new coins, including Ethereum Classic, Ox (ZRX), and Basic Attention Token (BAT).

Coinbase typically only supports a small handful of coins at any given time. So, when the exchange announces that it is adding support for a new coin, it often causes a significant price increase for that coin.

For example, when Coinbase first announced that it was adding support for Ethereum Classic in mid-2018, the price of ETC surged by over 30%. Similarly, when Coinbase announced that it was adding support for ZRX in late 2018, the price of ZRX spiked by nearly 50%.

NOTE: WARNING: Coinbase is a digital currency exchange that allows users to buy and sell cryptocurrencies, including Bitcoin, Ethereum, and Litecoin. It is important to remember that the company does not guarantee the security of any digital currency purchased or held on their platform. Investing in digital currencies involves a high degree of risk and may not be suitable for all investors. Before making any investment decisions, you should carefully consider your financial goals, level of experience, and risk appetite.

The latest coin to be added to Coinbase is BAT, which is the native token of the Brave browser. BAT was added to Coinbase Pro (the exchange’s advanced trading platform) on November 2nd, 2019.

The addition of BAT to Coinbase caused the token’s price to spike by over 20% on the news. However, BAT has since pulled back and is currently trading just above $0.


While some investors may be worried that they missed out on the latest Coinbase-induced price surge, it’s important to remember that not every coin that gets added to Coinbase will see such a dramatic price increase. Furthermore, even if a coin does see a significant price spike upon being added to Coinbase, there’s no guarantee that the coin will maintain its value in the long-term.

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