Coinbase Listed Storj, Ankr And Curve: What Does It Mean For Them?

Coinbase listed Storj, Ankr and Curve on its platform and they immediately surged by several percent upon the news but what function will they serve? Let’s find out in our Coinbase news today.

US Crypto exchange Coinbase said it will list three altcoins in a move that will expectedly boost the prices of the listed coins. Coinbase listed Storj, Ankr and Curve in a wave of adding new cryptocurrencies to the list of offerings and also it is known for its strict compliance and regulatory stance:

 “ANKR, CRV & STORJ are now live on Coinbase.com and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive or store ANKR, CRV & STORJ.”

ANKR, CRV & STORJ are launching on https://t.co/bCG11KMQ6s & in the iOS & Android apps within the next 15 mins. You may need to update your app to buy, sell, convert, send, receive, or store ANKR, CRV & STORJ. We will update when all are fully live. https://t.co/D7lZQLDCn5

— Coinbase (@coinbase) March 25, 2021

The tree listings were different in terms of their functions, usage, and target market. CurveDAO for example was launched in 2020, Ankr was launched in 2018 and Storj was launched in 2017. Ankr made accessing Web 3.0 much simpler and offered distributed a multi-cloud blockchain infrastructure and as such platform, the project aims to allow users a new way to blockchain networks and DEfi applications.

Ankr introducing StakeFi!

Get ready to explore the cross-chain staking with us!

Read all about it: https://t.co/vzJjrHfuCV#StakeFi #Ankr #DeFi https://t.co/jZo0AY0oas pic.twitter.com/4kt2y3Sm6V

— Ankr (@ankr) March 19, 2021

Deploying blockchain nodes is quite hard for new users or those that don’t code so there’s where the Ankr node market chimes in. It allows users to deploy blockchain nodes via a one-click API solution for the public blockchains and the DeFi protocols. The native token helps to facilitate payments on the platform and serves as an incentive for node providers as well. Storj is an open-source cloud storage platform that uses a decentralized network of nodes to host data, was also added to Coinbase.

Here, anyone can sell their extra hard drive space to other users via the protocol. The project is owned by Storj Labs inc back in 2014 and the company pre-mined its entire supply of tokens right at the start which means no new tokens can be created with mining.

Attention Node Operators! You can now take advantage of #ZKrollup technology to lower ETH transaction fees for payments made to your Node. Read all about our integration with @zksync, try it out, and let us know what you think. https://t.co/7BvhFGifWD

— Storj Labs (@storjproject) March 1, 2021

At last, Curve is a decentralized exchange that allows users to swap stablecoins and other assets with the same value and was created to help users switch between “wrapped tokens” and allow them for a seamless DeFi experience. The CRV token is a governance token so all users can vest their tokens for veCRV and claim cash flows as well as take part in governance decisions.