Coinbase Lists 3 New ETH-Based Tokens With More In Plan

Coinbase lists 3 new ETH-based tokens and will also allow New York residents to trade three tokens to them as well. Coinbase listed three new tokens on its exchange and extended three other tokens as well as we are reading more in our latest Coinbase news.

All six tokens are Ethereum-based ERC20 tokens and the exchange has dozens of other assets under consideration for future listings. Coinbase announced support for three new crypto listings today on its official blog and the company also extended trading for three other crypto assets to New York investors.

Starting today, Coinbase lists 3 new tokens: Civic which is a decentralized ID protocol token, Decentraland-MANA which is a real estate token and District0x-DNT which is a decentralized marketplace token. All three assets are based on the Ethereum ERC20 standard and all three have been supported not eh Coinbase Pro exchange since 2018. Coinbase’s decision to list these tokens on the retail exchange will bring the coins to a much bigger audience. The three cryptocurrencies are based on Ethereum’s ERC-20 standard and all three have been supported on coinbase Pro since 2018. Coinbase’s decision to list them means that many more are coming as it will allow New York traders to three tokens that were previously listed by not available to them like 0x, Kyber Network, and OMG network.

Coinbase is continually adding more crypto assets to its listings and it announced dozens of potential new coins back in June and July some of which have already been listed. Coinbase custody the storage service of the company is also exploring the addition of several crypto assets as revealed in October. Given the vast number of ETH-based tokens on the market, it has chosen to be selective about the coins that it supports, listing 45 considerations for more listings. Coinbase also announced that it will not list a forked Bitcoin Cash token if one emerges soon.

0X (ZRX), Kyber Network (KNC), OMG Network (OMG) are now available to New York residents at https://t.co/bCG11KMQ6s and in the Coinbase iOS and Android apps. New York residents can log in to buy, sell, convert, send, receive, or store these assets here: https://t.co/9FBIN8AwmJ pic.twitter.com/DbrMc5zXUS

— Coinbase (@coinbase) November 5, 2020

As previously reported, The biggest US-based crypto exchange Coinbase launched a crypto debit card today which allows customers to spend digital assets for everyday purchases. The Visa Debit Card will provide the clients the opportunity to earn up to 4% in crypto rewards and 1% on Bitcoin spending. The designated crypto assets spent by users will be converted to US dollars before completing the purchase or the ATM withdrawal. The rewards will be able to US-based customers that depend on the crypto they use. For instance, customers can get 1% back if they spend bitcoins and 4% back if they choose Stellar.