Coinbase Pro will support transactions for 1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), and Origin Token (OGN)
In the midst of the fiery market, a little bit of good news for the day appeared, especially with the traders and holders of these tokens. Specifically, according to an announcement from Coinbase, starting April 7, Coinbase Pro will support transactions for 1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), and Origin Token (OGN). Within minutes of this news coming out, the prices of the aforementioned tokens increased by 5% – 20% on the day.
Starting today, inbound transfers for 1INCH, ENJ, NKN & OGN are available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Trading will begin on or after 9AM PT on Fri 4/9 if liquidity conditions are met. https://t.co/L5KlZvMiuA
— Coinbase Pro (@CoinbasePro) April 7, 2021
1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), and Origin Token (OGN) are launching on Coinbase Pro
Reportedly, support for 1INCH, ENJ, NKN, OGN will be available in all Coinbase supported jurisdictions, except 1INCH and ENJ in New York State. Trading will begin on or after 9 AM Pacific Time (PT) Friday, April 9, if liquidity conditions are met.
As announced by Coinbase, trading pairs 1INCH-USD, 1INCH-BTC, 1INCH-EUR, 1INCH-GBP, ENJ-USD, ENJ-BTC, NKN-USD, NKN-BTC, OGN-USD, and OGN- BTC order books will launch in three-phase, post-only, limit-only, and full trading.
More info, 1inch (1INCH) is an Ethereum token that powers 1inch, a decentralized exchange that aims to offer the best rates by discovering the most efficient swapping routes across all leading DEXes. Enjin Coin (ENJ) is an Ethereum token that aims to make it easy for individuals, businesses, and brands to use non-fungible tokens (NFTs). ENJ is used to directly support the value of NFTs minted in the Enjin ecosystem.
NKN (NKN) is a public blockchain that aims to use economic incentives to motivate Internet users to share network connections and utilize unused bandwidth. And finally, Origin Token (OGN) is an Ethereum token that powers the Origin platform, which aims to power decentralized and peer-to-peer marketplaces.
However, for the time being, users should note that 1INCH, ENJ, NKN, OGN are not available on Coinbase.com yet.
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