Source: Crypto Briefing Go to Source Author: Timothy Craig
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Alchemy Pay (ACH), PlayDapp (PLA) and Rai Reflex Index (RAI) are launching on Coinbase Pro
Starting Today, Monday August 2, transfer ACH, PLA and RAI into your Coinbase Pro account ahead of trading. Support for ACH, PLA and RAI 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 August 3, 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 Harvest Finance (FARM) Fetch.ai (FET) Paxos Standard (PAX) and Polymath Network (POLY), Clover Finance (CLV), Mask Network (MASK), Rally (RLY), BarnBridge (BOND), Livepeer (LPT), Quant (QNT), Chiliz (CHZ) Keep Network (KEEP), Polkadot (DOT), Solana (SOL), Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN) and Origin Token (OGN).
Starting Today, Monday August 2, we will begin accepting inbound transfers of ACH, PLA and RAI to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT)Tuesday August 3, if liquidity conditions are met.
Once sufficient supply of ACH, PLA and RAI is established on the platform, trading on our ACH-USD, PLA-USD and RAI-USD order books will launch in three phases, post-only, limit-only and full trading. 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.
Alchemy Pay (ACH) is an Ethereum token that powers Alchemy Pay, a platform that enables payments using a wide variety of fiat and cryptocurrencies. Fees are paid using the ACH token and users can earn ACH rewards for purchases.
PlayDapp (PLA) is an Ethereum token that powers PlayDapp, a blockchain gaming platform and non-fungible token (NFT) marketplace. PLA acts as the primary token for processing transactions on PlayDapp. Game developers can also receive PLA when users make in-game purchases.
Rai Reflex Index (RAI) is an Ethereum token that aims to maintain a stable value. The RAI-USD exchange rate is determined by supply and demand while the protocol that issues RAI tries to stabilize its price by constantly de- or re-valuing it. The supply and demand mechanic plays out between two parties: SAFE users (those who generate RAI with their ETH) and RAI holders (those who hold, speculate on or use RAI in other protocols and apps).
ACH, PLA and RAI 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 ACH, PLA and RAI on Coinbase Pro, visit our support page.
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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.
Alchemy Pay (ACH), PlayDapp (PLA) and Rai Reflex Index (RAI) 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.
Harvest Finance (FARM) Fetch.ai
Harvest Finance (FARM) Fetch.ai (FET) Paxos Standard (PAX) and Polymath Network (POLY) are launching on Coinbase Pro
Starting Today, Monday July 26, transfer FARM, FET, PAX and POLY into your Coinbase Pro account ahead of trading. Support for FARM, FET, PAX and POLY 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 July 27, 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 Clover Finance (CLV), Mask Network (MASK), Rally (RLY), BarnBridge (BOND), Livepeer (LPT), Quant (QNT), Chiliz (CHZ) Keep Network (KEEP), Polkadot (DOT), Solana (SOL), Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN) and Origin Token (OGN).
Starting Today,Monday July 26, we will begin accepting inbound transfers of FARM, FET, PAX and POLY to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT) Tuesday July 27, if liquidity conditions are met.
Once sufficient supply of FARM, FET, PAX and POLY is established on the platform, trading on our FARM-USD, FARM-USDT, FET-USD, FET-USDT, PAX-USD, PAX-USDT, POLY-USD and POLY-USDT order books will launch in three phases, post-only, limit-only and full trading. 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.
Harvest Finance (FARM) is an Ethereum token that powers Harvest Finance, a yield optimizer that moves funds around the decentralized finance (DeFi) ecosystem in an effort to generate yields. FARM can be used for staking and yield farming on Harvest Finance.
Fetch.ai (FET) is an Ethereum token that powers Fetch.ai, a decentralized machine learning platform for applications such as asset trading, gig economy work, and energy grid optimization. Fetch.ai’s first decentralized finance application helps Uniswap users automate trading according to predefined conditions.
Paxos Standard (PAX) is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
Polymath Network (POLY) is an Ethereum token that aims to facilitate digital securities trading on the Polymath platform. By creating a compliance-focused standard (ST-20) to issue and manage security tokens, Polymath seeks to tokenize and support the trading of traditional and new classes of assets.
FARM, FET, PAX and POLY 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 FARM, FET, PAX and POLY on Coinbase Pro, visit our support page.
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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.
Harvest Finance (FARM) Fetch.ai was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.
Clover Finance (CLV) is launching on Coinbase Pro
Starting Today, Thursday July 15, transfer CLV into your Coinbase Pro account ahead of trading. Support for CLV will only be available in the United States with the exception of New York residents. Trading will begin later today, Thursday July 15, if liquidity conditions are met. Please note that Coinbase only supports ERC-20 CLV running on the Ethereum blockchain.
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 Mask Network (MASK), Rally (RLY), BarnBridge (BOND), Livepeer (LPT), Quant (QNT), Chiliz (CHZ) Keep Network (KEEP), Polkadot (DOT), Solana (SOL), Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN), Ankr (ANKR) Curve DAO Token (CRV), Storj (STORJ), Cardano (ADA) and SushiSwap (SUSHI)
Starting immediately, we will begin accepting inbound transfers of CLV to Coinbase Pro. Trading will begin later today, Thursday July 15, if liquidity conditions are met.
Once sufficient supply of CLV is established on the platform, trading on our CLV-USD, CLV-EUR, CLV-GBP, CLV-USDT order books will launch in three phases, post-only, limit-only and full trading. 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.
Clover Finance (CLV) enables developers to bridge DeFi applications from Ethereum to Polkadot. The CLV token is used to pay for Clover transactions and to vote for network upgrades. Clover also aims to enable interoperability between Bitcoin and other blockchains. Note: Coinbase currently supports CLV running on Ethereum (ERC-20).
CLV 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 CLV on Coinbase Pro, visit our support page.
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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.
Clover Finance (CLV) 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.
Mask Network (MASK) and Rally (RLY) are launching on Coinbase Pro
Starting Today, Wednesday July 14, transfer MASK & RLY into your Coinbase Pro account ahead of trading. Support for MASK & RLY will generally be available in Coinbase’s supported jurisdictions with the exception of Singapore. MASK will not be available to New York residents. Trading will begin on or after 8AM Pacific Time (PT) Thursday July 15, 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 BarnBridge (BOND), Livepeer (LPT), Quant (QNT), Chiliz (CHZ) Keep Network (KEEP), Polkadot (DOT), Solana (SOL), Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN), Ankr (ANKR) Curve DAO Token (CRV), Storj (STORJ), Cardano (ADA) and SushiSwap (SUSHI)
Starting immediately, we will begin accepting inbound transfers of MASK & RLY to Coinbase Pro. Trading will begin on or after 8am Pacific Time (PT) Thursday July 15, if liquidity conditions are met.
Once sufficient supply of MASK & RLY is established on the platform, trading on our MASK-USD, MASK-USDT, MASK-EUR, MASK-GBP, RLY-USD, RLY-EUR, RLY-GBP and RLY-USDT order books will launch in three phases, post-only, limit-only and full trading. 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.
Mask Network (MASK) enables users of popular social media platforms to send cryptocurrency, interact with decentralized applications, and share encrypted content. MASK token holders can vote on ecosystem initiatives via a decentralized autonomous organization called MaskDAO.
Rally (RLY) is an Ethereum token that powers the Rally network. Rally enables creators and online communities to launch their own cryptocurrencies. By creating these so-called “social tokens,” fans can gain access to benefits like unreleased content or merch, while creators can unlock new forms of revenue.
MASK & RLY 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 MASK & RLY on Coinbase Pro, visit our support page.
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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.
Mask Network (MASK) and Rally (RLY) 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.
Coinbase unveils ‘Solidify’ tool to auto-audit smart contracts and DeFi clones
Coinbase has unveiled a new smart contract analyzing tool dubbed “Solidify” to audit Ethereum smart contracts and DeFi clones.
Coinbase has unveiled a new tool that can automatically audit smart contracts built on Ethereum that use the Solidity programming language.
Designed to be used by smart contract auditors, asset issuers, and other exchanges, the firm has plans to make the tool open source later this year
In a June 23 post, Coinbase’s principal blockchain security engineer Peter Kacherginsky announced the firm's new security analysis tool dubbed “Solidify”, which was created to improve on the “time-intensive and error-prone” process of manual smart contract analysis.
The engineer noted that the exchange’s token listing process requires extensive security reviews and “risk mitigation recommendations” for every smart contract to keep consumers safe.
The firm required an analyzer that can work quickly, safely, and at scale, but was unhappy with other options on the market:
“To solve this problem we developed a tool called Solidify (a play on Solidity) to increase the rate of new asset security reviews without lowering our high-security standard that Coinbase customers have come to expect for protecting their tokens.”
The Solidify tool has around 6,000 unique signatures which can be used to quickly match risks against Ethereum smart contracts. It looks at potentially dangerous functionality and insufficiently tested operations.
Kacherginsky explained that: “Solidify uses a large signature database and a pattern matching engine to reliably detect contract features and their risks, standardize and score smart contract risks, suggest mitigation strategies, and generate detailed reports.”
Solidify is not yet able to quickly analyze complex assets such as automated market makers (AMMs) and DeFi apps, because the large amount of complicated custom code involved requires additional manual analysis.
“However, Solidify is still beneficial for these applications when analyzing DeFi clones or for eliminating standard libraries from the manual review scope so analysts can focus on the custom logic,” Kacherginsky notes.
Related: Fact check: Has Coinbase launched a decentralized fact-checking portal?
The tool is a work in progress and developers will focus on “improving accuracy of signature generation and detection logic” and “Integrating formal verification techniques to reduce the need for manual analysis.”
They also hope to expand support to the Vyper programming language, which is utilized by the Ethereum Virtual Machine (EVM).
BarnBridge (BOND), Livepeer (LPT) and Quant (QNT) are launching on Coinbase Pro
Starting Today,Wednesday June 23, transfer BOND, LPT & QNT into your Coinbase Pro account ahead of trading. Support for BOND, LPT & QNT will generally be available in Coinbase’s supported jurisdictions with the exception of Singapore. Trading will begin on or after 9AM Pacific Time (PT) Thursday June 24, 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 Chiliz (CHZ) Keep Network (KEEP), Polkadot (DOT), Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN), Ankr (ANKR) Curve DAO Token (CRV), Storj (STORJ), Cardano (ADA), SushiSwap (SUSHI), Polygon (MATIC), & SKALE (SKL), along with supporting additional order books. Coinbase continues to explore support for new digital assets.
Starting immediately, we will begin accepting inbound transfers of BOND, LPT & QNT to Coinbase Pro. Trading will begin on or after 9am Pacific Time (PT) Thursday June 24, if liquidity conditions are met.
Once sufficient supply of BOND, LPT & QNT is established on the platform, trading on our BOND-USD, LPT-USD & QNT-USD order books will launch in three phases, post-only, limit-only and full trading. 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.
BarnBridge (BOND) BOND is an Ethereum token that governs BarnBridge, a protocol that enables users to hedge against DeFi yield sensitivity and price volatility. Its first application, SMART Yield, allows users to choose between risk profiles for lending on DeFi protocols such as Aave and Compound. By using SMART Yield, senior bond investors can receive fixed rates at potentially lower risk while junior bond investors can receive higher rates at higher risk.
Livepeer (LPT) LPT is an Ethereum token that powers the Livepeer network, a platform for decentralized video streaming. LPT is required to perform the work of transcoding and distributing video on the network while also incentivizing peers to ensure that the network is cost-effective and secure.
Quant (QNT) QNT is an Ethereum token that is used to power Quant Network’s Overledger brand of enterprise software solutions, which aim to connect public blockchains and private networks. Quant Network allows the creation of so-called mDapps that enable decentralized applications to operate on multiple blockchains at once.
BOND, LPT & QNT 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 BOND, LPT & QNT on Coinbase Pro, visit our support page.
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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.
BarnBridge (BOND), Livepeer (LPT) and Quant (QNT) 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.
Shiba Inu Coin Price Soars as Coinbase Pro Announces SHIB Cryptocurrency Trading
The price of shiba inu cryptocurrency got a boost Tuesday after Coinbase announced that the meme crypto will start trading on Coinbase Pro as early as this week. This announcement follows Coinbase adding trading for dogecoin. Coinbase Pro Adds Shiba Inu Trading Following the listing of the meme cryptocurrency dogecoin (DOGE) early this month, Coinbase […]
Chiliz (CHZ) Keep Network (KEEP) and Shiba Inu (SHIB) are launching on Coinbase Pro
Starting Today Tuesday June 15, transfer CHZ, KEEP and SHIB into your Coinbase Pro account ahead of trading. Support for CHZ, KEEP and SHIB will generally be available in Coinbase’s supported jurisdictions with the exception of Singapore. CHZ and SHIB will not be available to New York residents. Trading will begin on or after 9AM Pacific Time (PT) Thursday June 17, 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 Polkadot (DOT), Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN), Ankr (ANKR) Curve DAO Token (CRV), Storj (STORJ), Cardano (ADA), SushiSwap (SUSHI), Polygon (MATIC), & SKALE (SKL), along with supporting additional order books. Coinbase continues to explore support for new digital assets.
Starting immediately, we will begin accepting inbound transfers of CHZ, KEEP and SHIB to Coinbase Pro. Trading will begin on or after 9am Pacific Time (PT) Thursday June 17, if liquidity conditions are met.
Once sufficient supply of CHZ, KEEP and SHIB is established on the platform, trading on our CHZ-USD, CHZ-EUR, CHZ-GBP, CHZ-USDT, KEEP-USD, SHIB-USD and SHIB-USDT order books will launch in three phases, post-only, limit-only and full trading. 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.
Chiliz (CHZ): CHZ is an Ethereum token that powers Socios.com, a platform that lets users trade tokens to show their support for professional sports teams. The tokens on Socios.com — called Fan Tokens — make users eligible for rewards and promotions and can also be used to influence team decisions by popular voting on the Chiliz blockchain.
Keep Network (KEEP): KEEP is an Ethereum token that powers the Keep Network, a platform that aims to bridge public blockchains and private data. One of Keep Network’s first products is an Ethereum token that represents 1 Bitcoin, called tBTC. Keep Network enables users to deposit Bitcoin and redeem tokenized tBTC, which can then be used in the Ethereum ecosystem without centralized intermediaries.
Shiba Inu (SHIB): Shiba Inu (SHIB) is a token that aspires to be an Ethereum-based alternative to Dogecoin (DOGE), the popular memecoin. Unlike Bitcoin, which is designed to be scarce, SHIB is intentionally abundant — with a circulating supply of one quadrillion. The Shiba Inu Token ecosystem supports projects such as an NFT art incubator and the development of a decentralized exchange called Shibaswap.
CHZ, KEEP and SHIB 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 CHZ, KEEP and SHIB on Coinbase Pro, visit our support page.
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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.
Chiliz (CHZ) Keep Network (KEEP) and Shiba Inu (SHIB) 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.
Polkadot price soars 37% after Coinbase Pro DOT listing, first parachain auction
Polkadot emerged as one of the best-performing tokens week-to-date as traders' focus shifted on DOT's listing at Coinbase Pro and Kusama's first-ever parachain auction, set to go live on Tuesday.
Polkadot (DOT) witnessed massive upside moves in the previous daily sessions as traders assessed the cryptocurrency's entry into the United States-based digital assets trading platform, Coinbase Pro, and the upcoming auctioning of parachain slots atop Polkadot network's testbed version, Kusama, this Tuesday.
The DOT/USD exchange rate reached $26.44 during the Monday session, following a roughly 37% upside move that started in the previous daily session. Nevertheless, entering the Asia-Pacific and Europea trading hours on Tuesday, the pair corrected lower by more than 4.5%, hitting an intraday low of $24.25.
Initial upside moves in the Polkadot market surfaced in the wake of the Bitcoin (BTC) price rally on Sunday. Billionaire investor Elon Musk on Sunday commented that he would reinstate accepting Bitcoin payments for Tesla’s electric vehicles if the cryptocurrency's fresh supply comes from power supplied by renewables.
The BTC/USD exchange rate jumped from as low as $34,780 to above $40,000 after Musk's comments. Meanwhile, top altcoins, which heavily tail Bitcoin trends, followed suit, taking DOT prices higher alongside.
Nevertheless, the scale at which the Polkadot token rose dwarfed the retracement rallies of most of its top crypto rivals. DOT's heightened move uphill coincided with Coinbase Pro's announcement of adding DOT-enabled trading instruments to its platform.
Starting today, inbound transfers for DOT are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Wednesday June 16, if liquidity conditions are met. https://t.co/iWgfMf9B4x
— Coinbase Pro (@CoinbasePro) June 14, 2021
Kusama parachain auction
More bullish cues for traders came from Parallel Finance. The startup raised $2 million to onramp its lending and staking features on the Polkadot and Kusama blockchains.
In retrospect, Kusama works as a sandbox for projects with aspirations to launch a parachain on Polkadot. Therefore, the testbed blockchain comes with real economic benefits and consequences, enabling other blockchains and apps to launch with forkless upgrades, governance structure, and scalability.
That said, projects harness Kusama's inter-parachain network to communicate with other apps having their separate parachains.
But to win a parachain slot projects like Parallel Finance must participate in a parachain auction. In doing so, they would need to submit the bid amount (in DOT or Kusama's native token KSM) alongside the slot duration (6 to 24 months). That expects to effectively lock away DOT and KSM tokens for the duration of the slot, thereby reducing the tokens' circulating supply.
Meanwhile, observers believe that DOT and KSM's demand would keep on rising based on their competitive auctioning process.
#Polkadot is seeing one of its breakout days in quite some time, jumping +20% as #Bitcoin crossed back above $40k for the first time since May 26th. A promising sign that $DOT can fully recover is its continued rising #Github development activity. https://t.co/nf3Sdj07Wj pic.twitter.com/1SpCSzs5JZ
— Santiment (@santimentfeed) June 14, 2021
Projects who win a parachain auction will do a lot to provide value to their community and backers, according to Alex Siman, the founder of Subsocial, a Polkadot-based decentralized social network.
"On the Polkadot parachain, the slots for projects to build on the chain is limited to 100, making the auction process notably competitive," he explained. "A non-innovative project may not be able to win such auctions, and those who do will not want to waste the opportunity to go down in history.
Related: Kraken launches Kusama Parachain Auction platform as KSM defies downtrend
The first parachain auction went live on the Kusama network around 1100 GMT on Tuesday. KSM fell by 2.77% in the early European trading session.
Motion 310 has passed council to open the first parachain auction, and the very first auction on yours truly has now taken flight!
— kusama (@kusamanetwork) June 15, 2021
ₑₓₚₑcₜ cₕₐₒₛ.https://t.co/7NQmI9chyw
On the other hand, Polkadot has still to announce the auctioning of its parachain slots. Mira Christanto, a researcher at crypto data analytics firm Messari, noted that 65% of DOT's active supply has already been staked since May. Only 30% of DOT now remain in circulation—and the upcoming parachain auction would take more of those tokens out of supply.
"After the parachain launch, 40% of DOT could be bonded in parachains, hence reducing effective circulating supply to only 15%," she added.