Crypto Exchange Coinbase Considers Adding A Wider Variety Of Coins U.S. based crypto exchange Coinbase is considering to offer its customers a wider variety of virtual tokens. At the moment, the exchange allows users to sell and buy four different digital coins. The exchange is planning to list Basic Attention Token, Stellar, Cardano, Ox, and Zcash to its kitty. However, there is no confirmation at the moment, that all of these mentioned tokens will be added, the firm mentioned in a blog post this Friday. Coinbase presently allows its customers to trade in Bitcoin Cash, Ether, Bitcoin, and Litecoin. The exchange added that it plans to work closely with local regulators and banks to add the new assets in as many jurisdictions as possible. The firm said that its clients have been urging the exchange to add more assets, but it held off owing to concerns that the regulators may deem more digital tokens to be securities. Coinbase is presently not licensed with the U.S. Securities and Exchange Commission. The announcement made by the exchange does not indicate that the firm has determined these five coins as securities. The exchange said that some of these assets may only be available in selected countries owing to legal reasons. Previously, such announcements have caused stirs in the market. So Coinbase clarified that they are making this announcement internally as well as to the public at the same time to maintain transparency with its customers. The exchange said that in December, Bitcoin Cash price surged hours before it made the announcement that it would list the asset. As reported in Bloomberg, the exchange, however, mentioned that it isn’t committing a timeline as of now. Some of the assets may only be available for selling and buying and not receiving or sending. The exchange said that it may also opt to list selected coins in other countries before the U.S. The post Crypto Exchange Coinbase Considers Adding A Wider Variety Of Coins appeared first on OWLT Market.

U.S. based crypto exchange Coinbase is considering to offer its customers a wider variety of virtual tokens. At the moment, the exchange allows users to sell and buy four different digital coins. The exchange is planning to list Basic Attention Token, Stellar, Cardano, Ox, and Zcash to its kitty. However, there is no confirmation at the moment, that all of these mentioned tokens will be added, the firm mentioned in a blog post this Friday.

Coinbase presently allows its customers to trade in Bitcoin Cash, Ether, Bitcoin, and Litecoin. The exchange added that it plans to work closely with local regulators and banks to add the new assets in as many jurisdictions as possible. The firm said that its clients have been urging the exchange to add more assets, but it held off owing to concerns that the regulators may deem more digital tokens to be securities.

Coinbase is presently not licensed with the U.S. Securities and Exchange Commission. The announcement made by the exchange does not indicate that the firm has determined these five coins as securities. The exchange said that some of these assets may only be available in selected countries owing to legal reasons.

Previously, such announcements have caused stirs in the market. So Coinbase clarified that they are making this announcement internally as well as to the public at the same time to maintain transparency with its customers. The exchange said that in December, Bitcoin Cash price surged hours before it made the announcement that it would list the asset.

As reported in Bloomberg, the exchange, however, mentioned that it isn’t committing a timeline as of now. Some of the assets may only be available for selling and buying and not receiving or sending. The exchange said that it may also opt to list selected coins in other countries before the U.S.

The post Crypto Exchange Coinbase Considers Adding A Wider Variety Of Coins appeared first on OWLT Market.

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