As one of the largest and most popular cryptocurrency exchanges in the United States, Coinbase is frequently asked by crypto enthusiasts which new coins will be added to its platform. Unfortunately, due to regulatory reasons, Coinbase is not able to publicly announce which coins it is considering listing.
However, that doesn’t mean that we can’t make educated guesses based on Coinbase’s previous actions.
In the past, Coinbase has mostly listed coins that are in the top 10 of CoinMarketCap.com. Based on this criteria, the following coins are good candidates for a Coinbase listing:
Bitcoin Cash (BCH): Bitcoin Cash is currently the 4th largest cryptocurrency by market cap and has been gaining a lot of traction lately. Coinbase already offers Bitcoin Cash trading on its professional exchange, GDAX, so it wouldn’t be a stretch to see BCH added to the Coinbase platform as well.
Ethereum Classic (ETC): Ethereum Classic is currently the 5th largest cryptocurrency by market cap and is one of the few top 10 coins that is not already offered by Coinbase. Ethereum Classic has been gaining popularity due to its immutability and its resistance to hard forks (like the one that created Ethereum Classic in the first place).
Litecoin (LTC): Litecoin is currently the 6th largest cryptocurrency by market cap and is often referred to as “the silver to Bitcoin’s gold.” Litecoin has been around for a long time and has a strong community behind it.
It also has much faster transaction times than Bitcoin. For these reasons, Litecoin could be a prime candidate for a Coinbase listing.
IOTA (MIOTA): IOTA is currently the 9th largest cryptocurrency by market cap and is one of the most innovative projects in the crypto space. IOTA uses a new type of ledger called a “tangle” which allows for free and unlimited transactions.
IOTA also has partnerships with some big names like Microsoft and Samsung. These factors make IOTA a strong contender for a Coinbase listing.
These are just a few of the many potential candidates for a Coinbase listing. Only time will tell which coins Coinbase will actually list on its platform. Stay tuned!.