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Decentralized Social (DESO) is launching on Coinbase Pro

Starting Today, Monday December 13, transfer DESO into your Coinbase Pro account ahead of trading. Support for DESO will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT), Tuesday December 14, if liquidity conditions are met.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for API3 (API3), Bluezelle (BLZ), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT), Ribbon Finance (RBN), Circuits of Value (COVAL), IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL) and SuperFarm (SUPER).

Once sufficient supply of DESO is established on the platform, trading on our DESO-USD, DESO-USDT and DESO-EUR order books will launch in phases, post-only or auction mode then limit-only or full trading mode. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

Decentralized Social (DESO) is the native cryptocurrency powering the Decentralized Social blockchain, a platform designed to support a wide variety of decentralized social media applications. DESO can be used to purchase “social tokens” and NFTs, and to create profiles and posts for Decentralized Social applications.

DESO is 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.

You can sign up for a Coinbase Pro account here to start trading. For more information on trading DESO on Coinbase Pro, visit our support page.

###
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.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

All images provided herein are by Coinbase.

######


Decentralized Social (DESO) is 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.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

API3 (API3), Bluezelle (BLZ), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT)…

API3 (API3), Bluezelle (BLZ), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT) and Ribbon Finance (RBN) are launching on Coinbase Pro

Starting Today, Wednesday December 8, transfer API3, BLZ, GODS, IMX, MDT and RBN into your Coinbase Pro account ahead of trading. Support for API3, BLZ, GODS, IMX, MDT and RBN will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT), Thursday December 9, if liquidity conditions are met. Please note that Coinbase currently only supports the ERC-20 version of these assets.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Circuits of Value (COVAL), IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL), SuperFarm (SUPER)

Biconomy (BICO), Voyager Token (VGX), Alchemix (ALCX), Ethereum Name Service (ENS), and Gala (GALA)

Starting Today, Wednesday December 8 we will begin accepting inbound transfers of API3, BLZ, GODS, IMX, MDT and RBN to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT)Thursday December 9, if liquidity conditions are met.

Once sufficient supply of API3, BLZ, GODS, IMX, MDT and RBN is established on the platform, trading on our API3-USD, API3-USDT, BLZ-USD, BLZ-USDT, GODS-USD, GODS-USDT, IMX-USD, IMX-USDT, MDT-USD, MDT-USDT, RBN-USD and RBN-USDT order books will launch in phases, post-only or auction mode then limit-only or full trading mode. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

API3 (API3) is an Ethereum token that powers the API3 project, which aims to connect traditional APIs with the blockchain ecosystem. API3 token is used to govern the API3 DAO (decentralized autonomous organization) and to vote on project upgrades.

Bluzelle (BLZ) is the token powering the Bluzelle platform and decentralized storage network. BLZ can be used to pay for transactions, storage, staking, and voting on the future of the network. Note: Coinbase currently only supports BLZ running on the Ethereum blockchain (ERC-20).

Gods Unchained (GODS) is an Ethereum token that powers Gods Unchained, a blockchain-based trading card game. GODS can be used to craft NFTs and other digital items within Gods Unchained as well as vote on the future of the platform.

Immutable X (IMX) is an Ethereum token that powers Immutable X, a scaling solution for NFTs that aims to enable near-instant, zero gas fee transactions. IMX can be used staking on Immutable X, voting on the future of the protocol, and paying transaction fees.

Measurable Data Token (MDT) is an Ethereum token that powers the Measurable Data Token ecosystem for anonymously sharing and monetizing consumer data. MDT is used as a medium of exchange between users sharing their data and businesses accessing it.

Ribbon Finance (RBN) is an Ethereum token that governs Ribbon Finance, a decentralized finance protocol designed to generate yield by combining options, futures, and fixed income to improve a portfolio’s risk-return profile. RBN is the protocol’s governance token and can be used to propose and vote on the future of the platform.

API3, BLZ, GODS, IMX, MDT and RBN 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.

You can sign up for a Coinbase Pro account here to start trading. For more information on trading API3, BLZ, GODS, IMX, MDT and RBN on Coinbase Pro, visit our support page.

###
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.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

All images provided herein are by Coinbase.

######


API3 (API3), Bluezelle (BLZ), Gods Unchained (GODS), Immutable X (IMX), Measurable Data Token (MDT)… was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Coinbase Triggers Massive Price Rallies for Seven Altcoins After Launching Sudden Crypto Listing Spree

Seven altcoins are surging after a surprise listing by top US crypto exchange Coinbase. In a new blog post, Coinbase says that 5 Ethereum tokens and 2 other altcoins will start trading on Coinbase Pro once appropriate liquidity conditions are met. Circuits of Value (COVAL) skyrocketed from $0.02 to $0.06 almost instantly and peaked at […]

The post Coinbase Triggers Massive Price Rallies for Seven Altcoins After Launching Sudden Crypto Listing Spree appeared first on The Daily Hodl.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Circuits of Value (COVAL), IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift…

Circuits of Value (COVAL), IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL) and SuperFarm (SUPER) are launching on Coinbase Pro

Starting Today, Monday December 6, transfer COVAL, IDEX, MCO2, POLS, FOX, SPELL and SUPER into your Coinbase Pro account ahead of trading. Support for COVAL, IDEX, MCO2, POLS, FOX, SPELL and SUPER will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT), Tuesday December 7, if liquidity conditions are met. Please note that Coinbase currently only supports the ERC-20 version of these assets.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Biconomy (BICO), Voyager Token (VGX), Alchemix (ALCX), Ethereum Name Service (ENS), Gala (GALA), mStable USD (MUSD), Power Ledger (POWR), GYEN (GYEN) Crypto.com Protocol (CRO), Kryll (KRL), LCX (LCX) SUKU (SUKU), OriginTrail (TRAC) and Assemble Protocol (ASM).

Starting Today, Monday December 6 we will begin accepting inbound transfers of COVAL, IDEX, MCO2, POLS, FOX, SPELL and SUPER to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT)Tuesday December 7, if liquidity conditions are met.

Once sufficient supply of COVAL, IDEX, MCO2, POLS, FOX, SPELL and SUPER is established on the platform, trading on our COVAL-USD, COVAL-USDT, IDEX-USD, IDEX-USDT, MCO2-USD, MCO2-USDT, POLS-USD, POLS-USDT, FOX-USD, FOX-USDT, SPELL-USD, SPELL-USDT, SUPER-USD and SUPER-USDT order books will launch in phases, post-only or auction mode then limit-only or full trading mode. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

Circuits of Value (COVAL) is an Ethereum token that powers Emblem, a platform where users can create custom combinations of ETH, ERC-20, and NFT tokens into a single, tradable token called a Vault. COVAL can be used to create Vaults and is issued as a reward to liquidity providers.

IDEX (IDEX) is an Ethereum token that powers the IDEX decentralized exchange, which combines an order book and automated market maker (AMM). IDEX holders can stake tokens in order to help secure the protocol and earn rewards.

Moss Carbon Credit (MCO2) is an Ethereum token for carbon credits. The project’s goal is to combat climate change. Burning one MCO2 token on the Moss Carbon Credit platform is equivalent to offsetting one ton of CO2 footprint, which is made possible by purchasing and protecting land in the Amazon rainforest.

Polkastarter (POLS) is the token powering Polkastarter, a platform for cross-blockchain fundraising based on Polkadot. POLS can be used to pay for transactions on the platform and can also be used to vote on and propose upgrades.

ShapeShift Fox Token (FOX) is an Ethereum token that governs ShapeShift, a decentralized exchange. By participating in the ShapeShift DAO (decentralized autonomous organization), FOX holders can vote on future asset integrations, products, and fee structures for the platform.

Spell Token (SPELL) is a token that governs Abracadabra.money, a platform that lets users deposit collateral in the form of interest-bearing crypto assets (such as yvYFI, yvUSDT, yvUSDC, xSUSHI) in order to mint MIM, a stablecoin that attempts to maintain a value of US$1.00. SPELL can be staked to earn sSPELL, which grants governance rights and other rewards.

SuperFarm (SUPER) is an Ethereum token that powers SuperFarm, a marketplace and platform for issuing NFTs. On SuperFarm, users can stake SUPER to earn points that can be redeemed for NFTs. SUPER can also be used to vote on the future direction of SuperFarm.

COVAL, IDEX, MCO2, POLS, FOX, SPELL and SUPER 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.

You can sign up for a Coinbase Pro account here to start trading. For more information on trading COVAL, IDEX, MCO2, POLS, FOX, SPELL and SUPER on Coinbase Pro, visit our support page.

###
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.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

All images provided herein are by Coinbase.


Circuits of Value (COVAL), IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift… was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Coinbase Launches Support for Little-Known Altcoin Project, Triggering Instant 78% Price Increase

One under-the-radar altcoin is surging after a surprise listing by top US crypto exchange Coinbase. In a new blog post, Coinbase says that the Biconomy (BICO) token will start trading on Coinbase Pro later today once appropriate liquidity conditions are met. BICO is an Ethereum-based altcoin that powers Biconomy, a network that aims to cheaply […]

The post Coinbase Launches Support for Little-Known Altcoin Project, Triggering Instant 78% Price Increase appeared first on The Daily Hodl.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Biconomy (BICO) is launching on Coinbase Pro

Starting Today, Wednesday December 1, transfer BICO into your Coinbase Pro account ahead of trading. Support for BICO will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin later today if liquidity conditions are met.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Voyager Token (VGX), Alchemix (ALCX), Ethereum Name Service (ENS), Gala (GALA), mStable USD (MUSD), Power Ledger (POWR), GYEN (GYEN) Crypto.com Protocol (CRO), Kryll (KRL), LCX (LCX) SUKU (SUKU), OriginTrail (TRAC), Assemble Protocol (ASM), ARPA Chain (ARPA) and Bounce (AUCTION).

Once sufficient supply of BICO is established on the platform, trading on our BICO-USD, BICO-USDT and BICO-EUR order books will launch in phases, auction mode then limit-only or full trading mode. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

Biconomy (BICO) is an Ethereum token powering Biconomy, a network that aims to seamlessly connect users to any decentralized application across multiple chains for relatively low fees. BICO can be used to pay for network fees and to vote on upgrades.

BICO is 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.

You can sign up for a Coinbase Pro account here to start trading. For more information on trading BICO on Coinbase Pro, visit our support page.

###
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.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

All images provided herein are by Coinbase.

######


Biconomy (BICO) is 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.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Coinbase Adds Crypto Exchange Token to Arsenal of Altcoins, Triggering 50% Rally

Popular US-based crypto trading platform Coinbase Pro is adding another altcoin amid a flurry of new inclusions this week. According to a Coinbase announcement, Voyager Token (VGX), the Ethereum-based coin of centralized exchange Voyager, has been added to Coinbase Pro. VGX is not yet available on the Coinbase retail platform or mobile app. According to […]

The post Coinbase Adds Crypto Exchange Token to Arsenal of Altcoins, Triggering 50% Rally appeared first on The Daily Hodl.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Voyager Token (VGX) is launching on Coinbase Pro

Starting Today, Wednesday November 17, transfer VGX into your Coinbase Pro account ahead of trading. Support for VGX will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT), Thursday November 18, if liquidity conditions are met.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Alchemix (ALCX), Ethereum Name Service (ENS), Gala (GALA), mStable USD (MUSD), Power Ledger (POWR), GYEN (GYEN) Crypto.com Protocol (CRO), Kryll (KRL), LCX (LCX) SUKU (SUKU), OriginTrail (TRAC), Assemble Protocol (ASM), ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP).

Starting Today, Wednesday November 17 we will begin accepting inbound transfers of VGX to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT) Thursday November 18, if liquidity conditions are met.

Once sufficient supply of VGX is established on the platform, trading on our VGX-USD, VGX-USDT and VGX-EUR order books will launch in phases, post-only or auction mode then limit-only or full trading mode. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

Voyager Token (VGX) is an Ethereum token that’s used to reward and incentivize use of the Voyager centralized exchange. On Voyager, VGX holders can earn staking rewards, receive cashback on trades, and more.

VGX is 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.

You can sign up for a Coinbase Pro account here to start trading. For more information on trading VGX on Coinbase Pro, visit our support page.

###
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.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

All images provided herein are by Coinbase.


Voyager Token (VGX) is 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.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Alchemix (ALCX), Ethereum Name Service (ENS), Gala (GALA), mStable USD (MUSD) and Power Ledger…

Alchemix (ALCX), Ethereum Name Service (ENS), Gala (GALA), mStable USD (MUSD) and Power Ledger (POWR) are launching on Coinbase Pro

Starting Today, Monday November 15, transfer ALCX, ENS, GALA, MUSD and POWR into your Coinbase Pro account ahead of trading. Support for ALCX, ENS, GALA, MUSD and POWR will generally be available in Coinbase’s supported jurisdictions with certain exceptions as indicated in each asset page here. Trading will begin on or after 9AM Pacific Time (PT) Tuesday November 16, if liquidity conditions are met.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Crypto.com Protocol (CRO), Kryll (KRL), LCX (LCX) SUKU (SUKU), OriginTrail (TRAC), Assemble Protocol (ASM), ARPA Chain (ARPA), Bounce (AUCTION), Perpetual Protocol (PERP), BadgerDAO (BADGER), Rarible (RARI), Function X (FX), Jasmy (JASMY), Wrapped Centrifuge (WCFG) and Avalanche (AVAX).

Starting Today, Monday November 15 we will begin accepting inbound transfers of ALCX, ENS, GALA, MUSD and POWR to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT) Tuesday November 16, if liquidity conditions are met.

Once sufficient supply of ALCX, ENS, GALA, MUSD and POWR is established on the platform, trading on our ALCX-USD, ALCX-USDT, ALCX-EUR, ENS-USD, ENS-USDT, ENS-EUR, GALA-USD, GALA-USDT, GALA-EUR, MUSD-USD, MUSD-USDT, MUSD-EUR, POWR-USD, POWR-USDT and POWR-EUR order books will launch in phases, post-only or auction mode then limit-only or full trading mode. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.

We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.

Alchemix (ALCX) is an Ethereum token that governs Alchemix Finance, a protocol that lets users open collateral-backed loans that are paid off automatically using yield generated by the collateral. ALCX can be used to propose and vote on changes to the protocol.

Ethereum Name Service (ENS) is an Ethereum token that governs the Ethereum Name Service, a protocol for human-readable crypto addresses and decentralized domain names. ENS will be used to propose and vote for changes to the protocol.

Gala (GALA) is an Ethereum token that powers Gala Games, a platform for blockchain gaming. GALA is used as the medium of exchange between Gala Games participants. For example, it can be used to pay for in-game items.

mStable USD (MUSD) is a decentralized stablecoin running on Ethereum that attempts to maintain a value of US$1.00. Unlike centralized stablecoins, MUSD isn’t backed by US dollars in a bank account. Instead, it’s backed by an array of other stablecoins deposited as collateral on the mStable protocol.

Power Ledger (POWR) is an Ethereum token that powers the Powerledger platform, which aims to enable peer-to-peer energy trading. POWR is required to participate in Powerledger and helps secure its various products, including energy trading, clean energy tracking, and verification.

ALCX, ENS, GALA, MUSD and POWR 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.

You can sign up for a Coinbase Pro account here to start trading. For more information on trading ALCX, ENS, GALA, MUSD and POWR on Coinbase Pro, visit our support page.

###
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.
This website contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of Coinbase, Inc., and its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. Coinbase is not responsible for webcasting or any other form of transmission received from any Third-Party Site. Coinbase is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by Coinbase of the site or any association with its operators.

Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.

All images provided herein are by Coinbase.


Alchemix (ALCX), Ethereum Name Service (ENS), Gala (GALA), mStable USD (MUSD) and Power Ledger… was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024

Coinbase Pro Plans To Launch Japanese Yen-Pegged Stablecoin

Coinbase Pro is announcing plans to launch a stablecoin pegged to the Japanese yen, reportedly the first of its kind. GYEN (GYEN) bills itself as the “first regulated digital [Japanese yen].” The project says it is 100% fiat-backed. Coinbase first issued a press release earlier this week announcing Coinbase Pro’s plans to launch GYEN order […]

The post Coinbase Pro Plans To Launch Japanese Yen-Pegged Stablecoin appeared first on The Daily Hodl.

SEC Reports Record $8.2B in Remedies With 583 Enforcement Actions in 2024