What A Coinbase Listing Could Do To ERC20 Tokens Like TRON (TRX), ICON (ICX) – EOS (EOS) – Useacoin

What A Coinbase Listing Could Do To ERC20 Tokens Like TRON (TRX), ICON (ICX) - EOS (EOS) - Useacoin

Will every ERC20 token be listed on Coinbase or just a few?

Coinbase recently announced that ERC20 tokens will be added to the exchange ter the future. This potentially means that any token based on the Ethereum blockchain could be traded on Coinbase. Wij do however not yet know if only a few ERC20 tokens will be added or if accomplish ERC20 compatibility is to come. If total compatibility is being integrated, literally thousands of tokens will be tradeable on the Coinbase/GDAX exchange.

Te the past, Coinbase has bot hesitant about adding fresh cryptocurrencies to their toneelpodium which could indicate that they might not want to have thousands of tokens listed. But on the other mitt, Coinbase has bot getting some competition from other major cryptocurrency exchanges like Binance, which lists a ton of coins.

When Coinbase listed Bitcoin Specie, it spotted an enormous surge ter value spil a ton of fresh investors all of a sudden could get their mitts on the cryptocurrency. The same could toebijten to popular ERC20 tokens like TRON (TRX), ICON (ICX), VeChain (VEN) & EOS (EOS). At the uur, you have to buy them on crypto only exchanges, which is difficult for many investors who toevluchthaven’t bot involved te cryptocurrencies for a long time.

Being listed on Coinbase would permit a ton of people to eventually get their mitts on tokens they previously couldn’t because they simply didn’t know how to. But on Coinbase it’s spil elementary spil clicking a few buttons and using your handelsbank account or card.

The majority of all ICOs kwestie their tokens spil an ERC20 token on the Ethereum toneelpodium, so having an effortless way for outsiders to get involved ter titillating projects is also an excellent chance for Coinbase spil the request certainly is there.

Some communities like TRON, ICON, and EOS, already have a ton of dedicated followers/ventilatoren, which always attracts outside investors. Because of this, a listing on Coinbase could indeed have a significant influence on the future price of thesis tokens.

Related movie: GDAX podium part Two


You may also like...

3 Responses

  1. Alaska-Su says:

    I think this is a good case investigate moving forward when other coins split, even tho’ I didn’t support Bcash I did want everyone to have to capability to access their rightful tokens. The argument now is everyone should be responsible for their deeds and Coinbase laid out their project of activity weeks ahead of the hardfork. However I reminisce when Poloniex had to zekering serving residents ter one state and many of those members never got an email or warning when logging on the webpagina. I’ll keep an eye out on the story even I don’t know who’s right or wrong on this one.

  2. suzannaroman says:

    Well they talent us a month long warning “If you want to access BTH, stir your coins” so the onus is on us. Maybe wij Coin Colchoneta’rs get an Xmas present. ( BTH is up 30% spil I write this)

  3. blue_star says:

    Coinbase will learn the hard way that forked coins belong to the users. No warnings beforehand will switch that.

Leave a Reply

Your email address will not be published. Required fields are marked *