Basic Attention Token (BAT) Now Live on Coinbase.com
Coinbase announced months ago that they were looking to add more cryptocurrencies to their listings, and they published a list of the potential coins that they were looking to integrate. One by one, over the last few weeks, they’ve been adding tokens, allowing their users to transact with Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, ZRX, and USDC. Their most recent addition is the Basic Attention Token or BAT.
The company took to their Twitter page to post:
— Coinbase (@coinbase) November 8, 2018
The post includes a link to their blog on their official blog.
Reports suggest that BAT trading, selling, purchasing, and storing will be available for the majority of the United States, with the exception of New York. The BAT comes from the Brave retail trading platform. It was recently in the media for the addition to Coinbase Pro, which many experts predicted was simply a segue to Coinbase. Clearly, that prediction turned out to be true.
As soon as BAT was officially announced as being listed on Coinbase, it saw a 5% boost within minutes, reaching its highest price since July 24th this year – $0.39. According to data from CoinMarketCap at 10:15 am EST on November 9th, the BAT token has dropped back down to $0.294397, which is a loss of $20.59% in the last 24 hours. Some would call the sudden rise the Coinbase Effect, and while that may have been the majority of the cause, the whole market was in green yesterday. And today it seems to be a bloodbath of red seas.