Altcoins

Coinbase Reconfirms List of Coins to be Soon Supported on Their Platform: Ripple (XRP) Included

Major cryptocurrency exchange platform, Coinbase recently reconfirmed that they are considering adding list of new digital coins. Coinbase platform may hence soon officially list some of the named cryptocurrencies. The company published the list of potential coins in an official blog post on December 7, 2018. According to the official list, the platform officially considers adding Ripple’s XRP together with 30 other altcoins.  

The initial Twitter post by Coinbase stated: “over time, we intend to offer access to 90%+ of all compliant digital assets by market cap. To make this vision a reality, we will use our published Digital Asset Framework to evaluate assets on factors like security, compliance, and technical innovation”.

According to the official announcement, other altcoins which may potentially get a listing as well include; EOS (EOS), Stellar (XLM), Cardano (ADA), NEO (NEO), Maker (MKR), Tezos (XTZ) and more.

The recent announcement also stated: “adding new assets requires significant exploratory work from both a technical and compliance standpoint. And we cannot guarantee that all the assets we are evaluating will ultimately be listed for trading. Furthermore, our listing process may result in some of these assets being listed solely for customers to buy and sell, without the ability to send or receive using a local wallet. Finally, as per our listing process, we will add new assets on a jurisdiction-by-jurisdiction basis, which allows us to add assets efficiently and responsibly”.

Earlier Moves

Earlier, as reported, Conbase had announced another similar list of digital coins they were looking to consider. Back then, they reported that the platform aims to change their Digital Asset framework. The move aimed to eventually offer greater range of cryptocurrencies. The platform is reportedly seeking to add many top cryptocurrencies to its platform. The recent move meanwhile can help further development and adoption of altcoins in the market.

 

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