Coinbase To Increase Its Crypto Listing In 2019

https://dk2dyle8k4h9a.cloudfront.net/Coinbase To Increase Its Crypto Listing In 2019

Coinbase, which is one of the world’s most prominent cryptocurrency exchange is an ideal venue where every coin aspires to be listed. In a candid interview with CNBC, Coinbase’s COO Asif Hirji hinted to include as many meaningful coins as possible in the upcoming year.

The Coinbase news will come as a relief for many quality projects waiting on the side bench.

Hirji stated,

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A similar statement was made by Coinbase Vice President Dan Romero when he considered Laura Shin’s podcast Unchained which threw some light on what Coinbase was thinking.

Dan stated that the ability to manage cryptocurrencies is a core piece of functionality in the ecosystem.

Coinbase Cryptocurrency List Increases At A Faster Pace

Earlier this month, Coinbase announced its support for Civic, District0x, Loom Network and Decentraland’s tokens. The exchange, after adding support to several new tokens in the past few months, now continues to evaluate around 30 ERC 20 prospective assets against its Digital Asset Framework to determine factors like security, compliance and exchange’s mission of creating an open financial system for the world.

Hirji also added that institutional investors that have invested in Coinbase considered exchange’s development than the price of Bitcoin before investing in the firm. Besides, the investors will make money in the long term as cryptos cannot offer much for a short period. On being asked regarding the IPO, Hirji said that Coinbase has to go a long way to be considered as an IPO.

Coinbase in 2019 is expected to catch a flurry of listings, and the coins will have to do their best to find a rank in the listing.

Twinkle Kalkandha
Written By

Twinkle Kalkandha

Adept in technology and marketing trends, she curates new strategies for brand development and directs both day-to-day product strategy for MobileAppDaily. As a tech enthusiast, she’s constantly involved in editorial, revenue, and audience development teams. Whether it’s about the in-house design or management, she’s always at the top of her game.

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