Coinbase CEO Brian Armstrong says the high US crypto trade is working to checklist as many altcoins as doable.
“Reminder about how Coinbase lists property: our objective is to checklist *each* asset the place it’s authorized to take action.”
Additionally, the chief govt emphasizes that Coinbase doesn’t determine whether or not to checklist an asset primarily based on the supposed high quality of the venture. They goal merely to checklist any asset that meets their authorized requirements.
“Outside of our itemizing requirements (for security/legality), we don’t supply an opinion on the worth of every asset. We are asset agnostic, as a result of we consider in free markets and that customers ought to have selection in the cryptoeconomy. This is how we’ll have the most innovation.”
In the similar breath, Armstrong states that when Coinbase lists an asset, it isn’t in any respect an endorsement of stated asset.
Across a number of weblog posts, the trade has particularly referred to as out numerous crypto property that it’s exploring.
Since then, numerous these cash have launched on the platform.
Those that haven’t but debuted on Coinbase and are into account embrace
- Aragon (ANT)
- Arweave (AR)
- Ampleforth (AMPL)
- Fetch.ai (FET)
- Helium (HNT)
- Hedera Hashgraph (HBAR)
- Kava.io (KAVA)
- Ocean Protocol (OCEAN)
- Reserve Rights (RSR)
- tBTC (TBTC)
- Theta Network (THETA)
- UMA (UMA)
- DigiByte (DGB)
- Horizon (ZEN)
- Livepeer (LPT)
- Render Token (RNDR)
- Siacoin (SC)
- VeChain (VET)
Armstrong says Coinbase is taking a detailed take a look at greater than 100 altcoins because it assesses the crypto panorama.
Disclaimer: Opinions expressed at The Daily Hodl usually are not funding recommendation. Investors ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any loses it’s possible you’ll incur are your accountability. The Daily Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Daily Hodl an funding advisor. Please word that The Daily Hodl participates in affiliate internet marketing.
Featured Image: Shutterstock/Standret