As the world’s largest cryptocurrency exchange, Coinbase has been a major player in driving mainstream adoption of digital assets. The platform has been incredibly selective in the tokens it lists, carefully vetting projects before allowing them to trade on its platform.
This vetting process has led to Coinbase listing only a handful of tokens, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).
This process may soon change, as the exchange is reportedly considering adding a new token to its platform: Wrapped Bitcoin (WBTC). WBTC is a synthetic asset that represents BTC on Ethereum.
NOTE: This is a speculative question and should not be taken as investment advice. Investing in cryptocurrency is highly risky due to the volatile market conditions. Before investing in any cryptocurrency, it is important to research the project and its associated risks.
It was launched in January 2019 and is backed 1:1 by BTC held in reserve.
If Coinbase were to list WBTC, it would be a major boost for the project and could help drive even more mainstream adoption of digital assets. WBTC is already available on a number of major exchanges, including Binance, Huobi, and OKEx.
listing on Coinbase would provide even more exposure for the project.
It remains to be seen if Coinbase will list WBTC, but the fact that the exchange is reportedly considering it is a positive sign for the project.
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WOZX is not currently available on Coinbase. However, there are a few steps you can take in order to buy WOZX. First, you will need to create a account on an exchange that supports WOZX.
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