Coinbase Doubles the Number of Cryptos Handled on its Platform; More Could be Added Soon

    Coinbase has registered an important growth during the current year, even when the market has been down and in a bear trend since the beginning of the year. Coinbase is one of the most recognized crypto platforms and it offers easy-to-use services for both newcomers and more experienced users.

    During the bull run experienced by the market during 2017, new exchanges and platforms entered the market offering new products and services. A large number of new exchanges were launched and different trading pairs were added. However, Coinbase did not add a large number of new coins during the same period of time. This is why several users preferred to trade on different platforms rather than using Coinbase.

    However, during the last few months, the company has more than doubled its crypto lineup. Until August, the company offered users the possibility to purchase or sell Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BCH).

    Since that moment, Coinbase added new virtual currencies such as Ethereum Classic (ETC), 0x (ZRX), USD Coin (USDC), Basic Attention Token (BAT) and Zcash (ZEC).

    The company informed back in July that it was exploring the addition of several new assets. Three of them were already added (ZEC, BAT, ZRX) and two more could be added soon: Cardano (ADA) and Stellar (XLM).

    At that time, the company explained:

    “We are exploring the addition of several new assets, and will be working with local banks and regulators to add them in as many jurisdictions as possible.”

    Furthermore, Coinbase announced in September that they had a new asset listing process that aims at enhancing and speeding up the process of adding new assets to its platform.

    Coinbase has also been in contact with regulators in the United States. At the same time, the company has also suggested that it could add new cryptocurrencies considered securities. Moreover, the company decided to purchase Keystone Capital, Venovate Marketplace and Digital Wealth with the intention of providing the company with the necessary licenses to operate as a broker dealer.

    The company is trying to offer better products for users all over the world. In July, for example, they launched crypto gift cards that could be used for users to spend their virtual currencies in malls and shopping centres in different countries such as Spain, Italy, France, the Netherlands, the United Kingdom and Australia.

    Coinbase also launched new cryptocurrency-boundless and discovery tools to that were built to help newbies explore cryptocurrencies and other assets.

    In the future, new assets could be added to Coinbase and other services could be launched to the market in order to remain a competitive company.

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Bitwise Plans To Target Retail Investors With Its Crypto Index Fund

    Bitwise has revealed that plans are underway to allow the retail market to participate in its large-cap index service. According to CoinDesk, Bitwise is working...

    Binance's Educational Platform Opens Up Government Approved Office in Shanghai

    Binance, one of the most popular crypto exchanges in the crypto-verse which also has many subsidiaries including Binance Academy (a blockchain and crypto-centred educational...

    XRP Trying to Retrace Months of Underperformance But Remains in a “Corrective” Structure

    XRP is up 12.5% but could still jump another 23%, A clean break above $0.21 would be “very bullish” Ripple granted an exemption...

    23k BTC on CME Futures and 50k BTC in Options Expiring Today

    Bitcoin is currently down 0.05% in the past 24 hours trading around $6,640 after hitting $6,872 last night, yet again rejected at $7,000 level....

    Microsoft Files Patent To Mine Cryptocurrencies With Verified Body Activity Data

    Giant software manufacturer, Microsoft is seeking to capitalize on the new crypto hype. The firm is seeking to introduce its own cryptocurrency that will...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.