The largest crypto exchange in the U.S. Coinbase Pro has announced today that its lists Alchemy Pay (ACH), PlayDapp (PLA) and Rai Reflex Index (RAI). 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.” the exchange said.
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).
Read more:
- Coinbase Pro Lists Harvest Finance (FARM), Fetch.Ai (FET), Paxos Standard (PAX) And Polymatch Network (POLY)
- Coinbase Lists Clover Finance (CLV) On July 15