As one of the most popular cryptocurrency exchanges in the United States, Coinbase is often the first stop for new crypto investors. So, will INX be on Coinbase?
INX is a new digital currency exchange that is seeking to become licensed and regulated by the US Securities and Exchange Commission (SEC). If successful, INX would be the first SEC-regulated crypto exchange in the US.
This would give it a significant advantage over other exchanges, including Coinbase, which are not currently regulated by the SEC.
Coinbase has been working on obtaining a broker-dealer license from the SEC, which would allow it to offer crypto securities trading. However, it is not clear if or when this will happen.
In the meantime, Coinbase has been expanding its offerings beyond just buying and selling cryptocurrencies. It now offers an institutional-grade platform for trading crypto assets, as well as a custodial service for storing them.
Given Coinbase’s stature in the US crypto market, it is highly likely that INX will eventually be listed on the exchange. However, whether this happens soon after INX’s launch or further down the road remains to be seen.