ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP) are launching on Coinbase Pro
Starting Today, Monday October 18, transfer ARPA, AUCTION and PERP into your Coinbase Pro account ahead of trading. Support for ARPA, AUCTION and PERP will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page is an Ethereum token that powers Bounce, a decentralized auction protocol for token and NFT sales. AUCTION supports incentives on the protocol, provides benefits and governance rights for holders, and is used to pay for certified listings.
ARPA Chain (ARPA) is an Ethereum token that powers ARPA Chain, a computation network that enables privacy-preserving smart contracts, data storage, and scalable off-chain transactions. The ARPA token can be used to pay for data and computation in addition to governing the future of the network.
Perpetual Protocol (PERP) is an Ethereum token that powers Perpetual Protocol, a decentralized exchange for perpetual contracts. Using perpetual contracts, users can open leveraged long or short trading positions for a variety of assets.
ARPA, AUCTION and PERP are not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.
Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.
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ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP) are launching on Coinbase Pro was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
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