Coinbase has announce a list of possible altcoins for listing on the exchange. The crypto exchange titan is considering 50 altcoins to join the exchange list. So, if you’re a buy the rumor, sell the news investor, a Coinbase listing could jump start a rally for the chosen ones. A vast majority of these altcoins are in fact Ethereum-based while five of them are based on the Solana network.
Buy and Sell Top Altcoins on HiExchange No KYC
New Altcoins on Coinbase
Although the exact information is still unclear, Coinbase says that they will provide information regarding the new listings in advance. This is to increase transparency on the new listings. These few dozen altcoins are set to go on Coinbase in the second quarter of 2022.
“Starting immediately and as part of an effort to increase transparency by providing as much information symmetry as possible, Coinbase will be using this blog post as a pilot to communicate assets under consideration for listing in Q2 2022.”
Who is on The List?
First and foremost, in the spirit of chivalry, Coinbase is considering adding two stablecoins issued by its competitors. Binance USD (BUSD) and Gemini Dollar (GUSD) are set for consideration by the US based exchange platform. But, there shall be no pump for a stablecoin!
Another noteworthy altcoin under consideration is Coin98 (C98) which is in fact not a code name for a virus. C98 is the native token of the decentralized finance platform Coin98 which has managed to make quite a reputation as a successful finance platform.
As for SOL-based digital assets, the most notable one may be STEPN (GMT) which is essentially a utility token. STEPN is a lifestyle crypto project. GMT has had a staggering 22,000% growth since March and is currently trading at $2.25.
As for others, most of them are less-known with low market capitalization as expected. Coinbase has previously stated that they were “bringing on more, often newly created assets or lesser-known tokens that could come with additional trading risks, including higher price swings and increased order cancellations”.
As of April 13, 2022, Coinbase supports 168 crypto assets on the platform.
HiExchange
HiExchange is a decentralized online platform to exchange your cryptocurrencies and e-currencies. We utilize an automated system to determine the best exchange rates at any moment. Furthermore, HiExchange does not require KYC or a sign-up process. Also, the platform offers 24/7 customer support.
To learn how to exchange your cryptocurrencies to PayPal you can read our instructional article.
For more instructional content, you can always visit HiExchange Blog
