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Coinbase to Add Eight New Cryptos

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Cryptocurrency exchange Coinbase may add eight new tokens to its current listing. According to the exchange blog, Coinbase is exploring the possible addition of Algorand, Dash, Cosmos, Decred, Harmony, Matic, Waves, and Ontology. 

The exchange is currently vetting each product based on in-house criteria. The exchange hopes to add some 90% of current coins on the market onto the exchange. Each coin will be subject to a case by case study based on jurisdictional conditions, the company said.

Coinbase follows new token listing guidelines posted last September. Per a follow-up blog post, Coinbase wrote: “Because listing announcements will become more frequent, we expect to publicly announce the addition of new assets only at or near the time of public launch across one or more Coinbase products.”

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As a reminder, back in April Coinbase launched a Visa debit card for U.K. and EU users. With the “Coinbase Card” they can spend coins directly from their Coinbase accounts “as effortlessly as the money in their bank.” The exchange has also launched an app for the card on both Android and iOS platforms, enabling customers to select which cryptocurrency wallet they will use to fund their spending.

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