Here is a list of 9 Altcoins that Coinbase is considering listing on the exchange in the near future
In an interview, these days with CNBC, Coinbase CEO Brian Armstrong said Coinabase is planning to support more than 100 cryptocurrencies. This decision came after Coinbase recently decided to support trading for Enjin (ENJ) and Cardano (ADA).
Crypto exchange Coinbase is contemplating adding support for more than 100 new crypto assets
The Coinbase effect has long been a positive one for bullish coin prices. Not long ago was the case of 1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), and Origin Token (OGN). Following the listing announcement, ENJ increased by 65%, while before that, ADA also gained 28% within 24 hours.
And as Armstrong revealed, the exchange is adding more cryptocurrencies to the crypto list as he explains why people should invest in the company.
He stated:
“We’re not tied to one particular crypto asset. We’re adding support for over 100 crypto assets now, and there’ll be more and more in the future. You know we’re also kind of what you might call an indexed bet or a levered bet on the crypto space, more broadly because we’re kind of selling picks and shovels. We’re helping people access and use this to new technology, so I think we’re going to grow along with the crypto space.”
Among the assets Coinbase announced that they are reviewing for its trading platform, nine are still under review, including:
- Aragon (ANT)
- Arweave (AR)
- DigiByte (DGB)
- Horizon (ZEN)
- Livepeer (LPT)
- KEEP Network (KEEP)
- Render Token (RNDR)
- Siacoin (SC)
- VeChain (VET)
Coinbase already added eight new digital assets this year: ADA, Ethereum scaling solution Polygon (MATIC), layer-2 scaling solution Skale Network (SKL), decentralized exchange (DEX) SushiSwap (SUSHI), DEX aggregator 1inch, ENJ, peer-to-peer connectivity network NKN, and decentralized commerce and finance project Origin Protocol (OGN).
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