Cardano, Stellar Lumens, Zcash and 0x Could Be Listed On Coinbase Sooner Than Expected
Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x Could Be Listed On Coinbase Sooner Than Expected
On July 13, Coinbase announced that it was exploring the possibility of listing Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x on its platforms. This was months ago and although the post did not explicitly guarantee that the coins would be added to the exchange, many anticipated it would happen. This might just come to be following the recent announcement made by the exchange.
On Wednesday 26 September, Coinbase announced that it was planning to rapidly increase the list of coins it supports. The platform that currently only supports five assets; Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, and Litecoin, said that it is exploring ‘rapidly‘ increasing its list of new assets in an effort to give users more options. The new assets will have to meet the exchange’s standards and be compliant with local law. Again, this announcement does not in any way guarantee that Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x will be listed on the exchange. In fact, many investors speculate that Ripple will be first in line.
There is, however, a strong case to make for the coins. The coins have not only been some of the best performing coins on the market but are also been backed by some of the most promising projects. In addition, the exchange has been exploring listing them for some time now. If they didn’t show good prospect, the exchange would have already dropped its efforts to list them. If the exchange went ahead to list the coins, this would expose the coins to a wider market and in hand attract more users to the exchange.
At the time of press, all five coins have recorded profits in the last 24 hours. Zcash has recorded the list gains of 2.31% and 0x has recorded the highest gains of 7.71%. Cardano, Basic Attention Token, and Stellar Lumens have recorded profits of 3% to 5%, and this just goes to show the potential the coins hold.
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