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.
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.
Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity
Did you like the news you just read? Please leave a feedback to help us serve you better
Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.
The Best Right Now If you're dipping your toes into crypto with a modest budget…
Why Is Down Today? The cryptocurrency market is experiencing a familiar pullback, with the total…
as Equities Rally Ahead of Holiday As the year winds down and holiday cheer spreads…
: A Game-Changer for Innovation? In a bold move to position itself as a hub…
The Quantum Threat to Blockchain: Why Tech Matters Now Quantum computing is no longer a…
Bitcoin Price Prediction: Why BTC Price Is Rallying and Forecasts for 2025-2030 Bitcoin price prediction…