Coinbase Has Determined The Rules For Listing New Cryptocurrencies
The leading U.S. cryptocurrency exchange, Coinbase, introduced official rules for listing new digital assets, and also offered to the project creators a tool with which they had to submit relevant apps.
As noted in the blog of the company, the search for a solution to expand the list of available coins prompted numerous user appeals.
Today we’re announcing a new listing process that will allow us to rapidly add most digital assets that meets our standards and are compliant with local law, while providing our customers with the tools to discover, evaluate, trade, and use digital assets: https://t.co/6AteNMOnYr
— Coinbase (@coinbase) September 25, 2018
Coinbase representatives note that their goal is to list all assets that meet the internal standards of the site and local legislation. To do this, they developed rules for the safe addition of cryptocurrency.
At the same time company warned that due to the specifics of the country's legislation, some assets added in the future may be available only to users of certain jurisdictions.
To apply for an asset, project representatives just need to fill in the form. Simultaneously, the Coinbase team clarified that some assets can add at its discretion even without filing a listing application.
In addition to adding more assets, Coinbase plans to expand the list of training materials and tools for cryptocurrency trading.
Recall, in July, representatives of the website reported that they are studying the possibility of adding Cardano, Basic Attention Token, Stellar Lumens, Zcash and 0x. In August, designed for institutional investors and other major market players, Coinbase Custody announced that it could support nearly 40 new assets.