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Coinbase Boosts Support for Three Ethereum-Based Altcoins Across Entire Trading Ecosystem

Coinbase Boosts Support for Three Ethereum-Based Altcoins Across Entire Trading Ecosystem

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Source: Daily Hodle

Coinbase Boosts Support for Three Ethereum-Based Altcoins Across Entire Trading Ecosystem

US-based digital asset exchange Coinbase is expanding support for three Ethereum-based altcoins across its entire trading ecosystem.

In a new blog post, Coinbase announces that the governance token Function X (FX), which is designed to power a cross-chain platform for decentralized applications and financial services, can now be purchased on Coinbase.com and on the exchange’s mobile apps.

 

Function X is trading at $1.24 at time of writing and is up 83% in the past week, according to CoinGecko. The crypto asset is down more than 11% in the past day, however.

Wrapped Centrifuge (WCFG), a token that mirrors the price of Centrifuge (CFG), is also now available on the exchange’s website and apps. Centrifuge is a decentralized finance (DeFi) platform that seeks to unlock liquidity and allow users to finance their purchase of real-world assets.

Wrapped Centrifuge is trading at $1.68 at time of writing, down 10% in the past day, 9.6% in the past week.

Additionally, Coinbase is expanding support for the crypto asset Jasmy (JASMY), a project aiming to use blockchain technology to create decentralized IoT (Internet of Things) platforms.

Jasmy is trading at $0.054329 at time of writing and is up a whopping 199.4% in the past seven days. The crypto asset has retraced by nearly 13% in the past day, however.

Coinbase Pro listed all three tokens, along with the Ethereum-based token tBTC (TBTC), earlier this week.

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The post Coinbase Boosts Support for Three Ethereum-Based Altcoins Across Entire Trading Ecosystem appeared first on The Daily Hodl.

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Author: Daily Hodl Staff