It’s been a big week for Kin. First, the cryptocurrency was added to the popular Coinbase Wallet.
Then, on Wednesday, it was announced that Kin would be integrated into the messaging app Kik. The cryptocurrency is now available in three wallets, and its total addressable market has increased by millions of users. But will Coinbase, the largest US-based cryptocurrency exchange, add Kin to its trading platform?.
The answer is probably not. Coinbase has been very selective about the cryptocurrencies it lists on its exchange. So far, only a handful of coins are available to trade: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, and Ethereum Classic.
Of those five, only Bitcoin and Ethereum have been around for more than two years. The others were all added within the past six months.
NOTE: Please note that Coinbase has not officially announced plans to add Kin (KIN) to its platform. Therefore, any speculation about Coinbase adding Kin should be taken with a grain of salt. Investing in cryptocurrency is highly speculative and involves a high degree of risk. Before making any decisions regarding investments in cryptocurrency, please make sure you have done thorough research and understand the risks associated with such investments.
Coinbase has also been hesitant to add new coins that don’t have a strong use case or aren’t backed by a large company. For example, the exchange recently announced that it would not be adding Ripple’s XRP token to its platform.
Ripple is one of the largest companies in the cryptocurrency space, with a market cap of over $10 billion. But Coinbase doesn’t think XRP is a good fit for its exchange.
The same could be said for Kin. The cryptocurrency doesn’t have a lot of utility right now outside of being used on Kik.
And while Kik does have millions of users, it’s not as big as some other messaging apps like WhatsApp or Facebook Messenger. Coinbase might be hesitant to add a coin that doesn’t have a lot of real-world use cases yet.
But there’s always a chance that Coinbase could change its mind in the future and add Kin to its exchange. For now, though, don’t expect to see Kin trading on Coinbase any time soon.
9 Related Question Answers Found
It’s been a big week for Kin. First, the cryptocurrency was added to the Messaging app Kik. Then, it was revealed that the team behind Kin is working on a new app, called Kinit, which will help users earn and spend Kin.
It’s been a big week for Coinbase. The San Francisco-based cryptocurrency exchange announced that it is exploring the addition of five new digital assets to its platform, including the popular altcoin Cardano (ADA). This news sent the price of ADA soaring, with the coin rising over 20% in the 24 hours following the announcement.
As of right now, Coinbase does not support Kin. However, this may change in the future as the cryptocurrency continues to grow in popularity. For now, those looking to invest in Kin will need to use a different exchange.
As one of the most popular cryptocurrencies, there is always speculation as to whether or not Verge will be added to Coinbase. While Coinbase has not yet announced whether or not they will be adding Verge, there are a few things that could make it happen. For one, Coinbase has been known to add new coins that have shown consistent growth.
If you’re looking to buy Kin, you may be wondering whether Coinbase is the right place to do it. Unfortunately, the answer is no – you can’t buy Kin on Coinbase. This is because Coinbase doesn’t currently support any cryptocurrency other than Bitcoin, Ethereum, Litecoin, and Bitcoin Cash.
As one of the most popular cryptocurrency exchanges, Coinbase has been the go-to platform for many investors looking to get into the market. Founded in 2012, Coinbase allows users to buy and sell cryptocurrencies, as well as store them in a wallet on the site. With over 13 million users and $150 billion in transactions, Coinbase is one of the most popular exchanges on the market.
As one of the most popular cryptocurrency exchanges, Coinbase has been the subject of much speculation when it comes to which coins will be added next. The most recent coin to be added to Coinbase is Ethereum Classic, and before that Bitcoin Cash. So, will Coinbase add Verge?
As the world’s largest cryptocurrency exchange, Coinbase has been at the forefront of supporting new assets. In the past, Coinbase has been one of the first exchanges to list assets such as Bitcoin Cash (BCH), Ethereum Classic (ETC), and Zcash (ZEC). Given Coinbase’s history of supporting new assets, many in the crypto community have been wondering if Coinbase will list Chia (XCH), the new cryptocurrency created by Bram Cohen, the inventor of BitTorrent.
As of right now, you cannot buy Kin directly on Coinbase. However, there are a few indirect ways that you can do so. The first way is to buy Ethereum or Bitcoin on Coinbase and then transfer it to an exchange that supports Kin.
