After Binance ban, US Tron (TRX) community calls for Coinbase listing
On June 14th Binance announced that they will not be serving US customer on its original platform but will launch a specific platform just for US cryptocurrency traders. The timeline of the new platform hasn’t been revealed. This caused panic among US-based traders as current exchanges in the US does not support major tokens. One such token in Tron.
Tron traders from the US use Binance to trade Tron. After the Binance announcement, the Tron community from the US has demands that Coinbase list Tron. The panic also comes as there is a bullish trend in the entire market and the US traders might miss out on the opportunity.
— Steven Baker, PMP (@STEVEPMP) June 14, 2019
— Crypto 504 Tron/TRX (@504Crypto) June 14, 2019
Coinbase is known for having strict guidelines on how they select. The original Coinbase platform (not the pro) supports only 4 cryptocurrencies – Bitcoin, Ethereum, Litecoin and Bitcoin Cash. Coinbase pro, on the other hand, has listed multiple tokens and works in the US.
Coinbase is aimed at the beginners in the cryptocurrency space who want to either buy or sell Bitcoins. Coinbase Pro, on the other hand, is aimed at cryptocurrency traders who want to trade actively. Coinbase Pro was spun out of GDAX after Coinbase acquired it.
Several other cryptocurrency communities demand the listing of their token on Coinbase. Cardano (ADA) is one such community.
Coinbase is known for its strict listing criteria when listing a token. So far the exchange supports 18 cryptocurrency and 3 fiat currencies. The entire list can be found out on their website. Coinbase is the most popular Cryptocurrency exchange in the US.
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