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New assets coming to Coinbase Pro
New assets coming to Coinbase Pro
Crypto

New assets coming to Coinbase Pro

By Alfredo de Candia - 15 Jul 2020

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Coinbase has announced that new assets will arrive on the Coinbase Pro platform for both European and British residents.

The Coinbase Pro platform is dedicated to experienced users and allows for more complex trading operations. It is also used as a pilot system to list new assets before they pass on to the main platform which is open to all users.

The news is really interesting because not only are new tokens listed, but they will be available for UK users as well. Often these customers have some more difficulties because of the pound and often they are forced to make a double conversion, while in this case, they can directly use the pound without necessarily having to convert it before.

In any case, there are 4 assets that will be added to the basket and these are:

  • Algorand (ALGO) and the pairs ALGO-EUR and ALGO-GBP;
  • Chainlink (LINK) and the pairs LINK-EUR and LINK-GBP;
  • Ripple (XRP) and the pairs XRP-EUR and XRP-GBP;
  • Tezos (XTZ) and the pairs XTZ-EUR and XTZ-GBP.

All very well known and used crypto assets, especially Algorand, which will now be available to buy directly without having to trade with other assets, usually Bitcoin (BTC) as it happens on Binance.

The listing of these assets will take place next week and specifically on Tuesday, July 21st when orders will open as soon as there is sufficient liquidity in the relevant pools.

The news is positive enough that these tokens are experiencing increases in trading

In fact, Algorand (ALGO) is now at $0.27, Chainlink (LINK) continues to increase non-stop and has already exceeded $8, Ripple (XRP) is at $0.19, while Tezos (XTZ) is showing positive values and is just under $3.

Often, in fact, when a token listing is announced, the price of these assets marks a sudden increase, especially if the platform in question is as popular as Coinbase.

 

Alfredo de Candia
Alfredo de Candia

Android developer for over 8 years with a dozen of developed apps, Alfredo at age 21 has climbed Mount Fuji following the saying: "He who climbs Mount Fuji once in his life is a wise man, who climbs him twice is a Crazy". Among his app we find a Japanese database, a spam and virus database, the most complete database on Anime and Manga series birthdays and a shitcoin database. Sunday Miner, Alfredo has a passion for crypto and is a fan of EOS.

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