It’s been a little over a year since Coinbase first announced its intention to add new assets to its platform. In that time, the company has added a handful of new cryptocurrencies, including ethereum classic (ETC), 0x (ZRX), and Basic Attention Token (BAT).
However, one notable absent from Coinbase’s list is ERGO. So, why is ERGO not on Coinbase?.
There are a few possible explanations. First, it’s possible that Coinbase simply hasn’t gotten around to adding ERGO yet.
The process of adding a new asset to Coinbase’s platform is notoriously slow and cumbersome, so it’s possible that ERGO is just low on the company’s list of priorities.
NOTE: WARNING: Trading on Coinbase is highly speculative and carries a high degree of risk. It is important to understand that ERGO is not currently listed on Coinbase, nor is there any indication that Coinbase has any plans to list ERGO in the near future. Before engaging in any cryptocurrency trading, it is important to conduct your own research and ensure you are aware of the risks and potential rewards associated with the asset.
Second, it’s possible that Coinbase doesn’t want to add ERGO because it competes with one of the company’s existing assets. For example, ERGO has a similar function to ethereum (ETH), which is already listed on Coinbase.
Adding ERGO might cannibalize some of ETH’s trading volume on the platform.
Third, it’s possible that Coinbase doesn’t want to add ERGO because it doesn’t meet the company’s listing criteria. For example, Coinbase requires that all assets listed on its platform have “sufficient liquidity, regulatory compliance, and a commitment to open source development.
” It’s possible that ERGO doesn’t meet one or more of these criteria.
Ultimately, only Coinbase knows why ERGO isn’t listed on its platform. However, there are a few possible explanations for the absence.
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Coinbase is the world’s largest cryptocurrency exchange, and it has been a go-to platform for buying and selling Bitcoin, Ethereum, and other digital assets since its launch in 2012. Recently, Coinbase made headlines when it announced that it would be listing Terra Luna, a new cryptocurrency, on its platform. However, as of writing, Terra Luna is not yet available on Coinbase.
Ergo (ERG) is not currently listed on Coinbase. However, there is speculation that it may be added in the future as the exchange has been known to list coins that are related to Ethereum (ETH), of which Ergo is a fork. Ergo has a number of features that make it unique among cryptocurrencies, including its use of the Groth16 zk-SNARKS scheme for privacy-preserving transactions and its support for smart contracts.
It’s been a little over a year since Coinbase first announced its intention to list ERGO on its platform. Since then, the community has been eagerly awaiting the addition of ERGO to one of the most popular cryptocurrency exchanges. However, there has been no update from Coinbase on the status of ERGO’s listing.
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