Zcash, Stellar, BAT and Cardano Grow Awaiting Coinbase Listing

October 21, 2018
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Zcash (ZEC), Stellar Lumens (XLM), Basic Attention Token (BAT), and Cardano (ADA) are trading positively. These cryptocurrencies are growing faster than other coins in the market since Coinbase could list one of them soon. The popular crypto platform Coinbase recently added support to 0x (ZRX).

WIll Coinbase List One of These Cryptos?

Coinbase is one of the most important cryptocurrency companies in the market. It offers different services, including an exchange platform and a wallet for its users. Some months ago, exactly in July, the company released a blog post informing about new possible listings. The cryptocurrencies mentioned were ZEC, ADA, XLM, BAT and 0x.

Moreover, Coinbase decided to modify its cryptocurrency listing process. According to the company, the goal is to ‘rapidly list all assets that meet our standards and are compliant with local law.’

On the matter, the company commented:

“We’re announcing a new process that will allow us to rapidly list most digital assets that are compliant with local law, by satisfying listing requests in a jurisdiction-by-jurisdiction manner. In practice, this means some new assets listed on our platform may only be available to customers in select jurisdictions for a period of time.”

A few weeks ago, ZRX was launched on Coinbase Pro. The price of this virtual currency experienced an important increase when Coinbase announced that it was adding support to it. At the beginning of October, 0x was traded close to $0.62 dollars. When it was added to Coinbase, it reached $1,02 dollars per coin. Clearly, it allowed investors to have a 64% increase in their initial investment.

Now, the market is speculating on which will be the next token and cryptocurrency to be supported by Coinbase. These coins could be those mentioned by Coinbase back in July. This is why these cryptocurrencies are among the best performing assets in the last 24 hours.

Cardano is growing 2.49% in the last 24 hours. Zcash is registering an increase of 5.69% in the same time period. Stellar is up 4.24% and Basic Attention Token is growing 2.65% in the last hours.

At the moment there is no official information on whether these assets will be listed or not on the platform. However, Coinbase hinted that these could be the next privileged virtual currencies to be listed.

Coinbase is now listing Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC), Ethereum Classic (ETC) and 0x (ZRX).

 

Carlos is an international relations’ analyst specializing in cryptocurrencies and blockchain technology. Since 2017, Carlos has written extensively for UseTheBitcoin and other leading cryptocurrency sites; with over 2,000 articles published.





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