As of late, there’s been a great deal of discussion in the crypto community about the status of GYEN on Coinbase. For those who don’t know, GYEN is a stablecoin that’s pegged to the Japanese yen.
The controversy started when it was revealed that Coinbase had listed GYEN on its platform without disclosing that it had done so. This led many to believe that Coinbase was trying to quietly pump up the price of the coin without letting everyone know.
NOTE: WARNING: Please be advised that there is no official information available regarding “GYEN” and Coinbase. Any information you may have seen online about this is likely false or misleading, and should not be relied upon. Investing in cryptocurrencies carries a high level of risk, so please do your own research before making any decisions.
Coinbase has since come out and said that it was not trying to pump the price of GYEN, and that it had listed the coin in order to provide its customers with more options. However, many remain skeptical about Coinbase’s motives.
So, what’s really going on with GYEN on Coinbase? It’s hard to say for sure. However, one thing is certain: the controversy surrounding the coin is unlikely to die down anytime soon.
9 Related Question Answers Found
As of late, there has been much speculation surrounding the crypto exchange Coinbase and the addition of new assets. One such asset, GYEN, has been the subject of particular interest. So, what is going on with GYEN on Coinbase?
It’s been a wild ride for GYEN holders over the past few weeks. First, the token was delisted from Binance without any warning or explanation. This sent the price plummeting, as many holders sold in panic.
No, GYEN is not currently on Coinbase. Coinbase is one of the most popular cryptocurrency exchanges and allows users to buy and sell a variety of digital assets. However, GYEN is not currently listed on the platform.
In March of 2018, Coinbase, one of the most popular cryptocurrency exchanges, announced that it would be adding support for the Ethereum fork GYEN. This was seen as a positive move by the community, as it would provide more exposure for GYEN and potentially lead to more adoption. However, just a few months later, Coinbase announced that it would be removing GYEN from its platform.
Gyen is a Japanese cryptocurrency, and it can be cashed out on Coinbase. The process is pretty simple and only requires a few steps. First, you’ll need to set up a Gyen wallet.
As of September 13th, 2019, GYEN is no longer available on Coinbase. There are a few potential reasons for this. The first is that GYEN was not performing well on Coinbase.
Gyen is a new cryptocurrency that was created in 2020. It is based on the Ethereum blockchain and uses a proof-of-work consensus algorithm. Gyen is different from other cryptocurrencies because it has a unique feature called “Coin Shuffle”.
On March 14, 2021, Coinbase announced that it would be removing GYEN from its platform. GYEN is a stablecoin that is pegged to the Japanese yen. This decision was made because Coinbase no longer supports the issuance of new GYEN.
It’s a question that’s been asked since the early days of Bitcoin. Coinbase, one of the world’s most popular cryptocurrency exchanges, doesn’t allow its users to sell GYEN. The reason behind this is because Coinbase doesn’t want to deal with the regulatory issues that come with listing a new asset on its platform.