Coinbase Adds Basic Attention Token (BAT) to Its Retail Trading Platform and Mobile Apps

Neutral Coinbase Adds Basic Attention Token (BAT) to Its Retail Trading Platform and Mobile Apps

Having an aim to satisfy its customers demand, Coinbase has taken a decision to add BAT to its trading platform and apps.

U.S.-based crypto exchange and wallet provider Coinbase has always been working on expanding opportunities and offerings for its customers. Now it has revealed its initiative to launch full trading of the Basic Attention Token ( BAT) on its trading platform and in both the Android and iOS apps.

BAT Listing

Now customers of Coinbase will have a possibility to buy, sell, send, receive, or store BAT which has been added to the list of other eight currencies available. They are Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, ZRX and USDC.

Nevertheless, the company warns that initially residents of the state of New York will not be able to carry out operations via Coinbase trading services, but BAT will be available for users living in most jurisdictions.

According to the information revealed by the company, last week it initiated accepting inbound transfers of BAT to Coinbase Pro, nevertheless, BAT trading will be allowed only after the coin establish sufficient liquidity. By the way, BAT has become the second ERC-20 token to be listed by the company. As CoinSpeaker has reported earlier, the first one was 0x.

The exchange says that BAT token is to go through four stages of listing. The first stage that is already initiated is "transfer-only," at this stage, users can transfer BAT into Coinbase Pro accounts.

The second one is "post-only" stage that will enable customers to post limit orders. Limit orders will start matching at "limit-only" stage and full access to BAT trading opportunities will be available at the final stage.

New Approach to Listing

The company claims that their initiative to add new coins to its platforms is its reaction to one of the most common requests that they receive from their customers who want to have an opportunity to work with a wider range of assets on Coinbase.

"The new process begins with a form for issuers to submit assets for listing at Coinbase, which we will evaluate against our digital asset framework. The application form and the digital asset framework will be regularly updated, and our form will indicate the latest version of the framework we are evaluating against," explained the company in its official blog post published on September 26.

According to the company, their main aim at the current stage is to list all assets that correspond to their standards and meet all legal requirements as soon as it is possible. Such an approach can really significantly enhance trading opportunities that platform's customers have.

Impact on Prices

Coinbase is a very strong player of the market that's why there is little surprise that its activity with this or that coin may significantly influence its price. After the first announcement about adding of BAT was made, the coin gained nearly 20% over a 24-hour period.

A similar story happened to INXT after it had become known that it would be possible to store INXT in safe Coinbase wallets. Over the previous seven-day period it managed to gain almost 40% against the fiat.

11/09/2018 / 12:32:30 Source: coinspeaker

BTC
1 BTC=$4,444.43
XRP
1 XRP=$0.4519
ETH
1 ETH=$133.33
XUC
1 XUC=$2.93
BCH
1 BCH=$247.01
EOS
1 EOS=$3.75

News Feed 50

Newsbtc Neutral - Analyst: Too Early to Write Off Bitcoin, SEC Had Negligible Effect on Crypto Markets read more.
11/20/2018 / 11:30:32
Livebitcoinnews Neutral - Going Once, Going Twice… Christie’s Art Auction Recorded on Artory Blockchain read more.
11/20/2018 / 11:30:10
Cryptoglobe Neutral - Genesis Trading CEO: Early 2017 Crypto Investors Are Now Leading The Massive Sell-Off read more.
11/20/2018 / 11:21:00
Cointelegraph Neutral - Markets Panic: Bitcoin Hits Lowest Since October 2017 as Bitcoin Cash Drops 40 Percent read more.
11/20/2018 / 11:14:00
Coindesk Neutral - Bitcoin Price Drops to $4,200 Despite Record Low On RSI read more.
11/20/2018 / 11:01:09
Bitcoinist Neutral - Roel Wolfert: ‘Cryptocurrency Will Just Be a Normal Part of Life’ [Interview] read more.
11/20/2018 / 11:00:20
Blokt Neutral - Block 30 Labs Launches New Index for Crypto Trading Markets read more.
11/20/2018 / 10:59:09
Newsbtc Neutral - Blockchain Project Launches Ethereum-like Token Development Platform read more.
11/20/2018 / 10:55:19
Ccn Neutral - Autodesk CEO: Blockchain Can Stem Corruption in the Construction Sector read more.
11/20/2018 / 10:53:01
Cointelegraph Neutral - Imaginative Ways to Buy Crypto, Explained read more.
11/20/2018 / 10:40:00
Bitcoin.Com Neutral - Everything That’s Wrong With Roubini’s Central Bank Crypto Love Letter read more.
11/20/2018 / 10:30:58
Financemagnates Positive - WinMiner to List on DX.Exchange after Winning ICO Pitch read more.
11/20/2018 / 10:25:12
Themerkle Negative - BCHSV Price Loses Another 37% as Struggle Intensifies read more.
11/20/2018 / 10:20:40
Cointelegraph Neutral - OKEx Rebuffs Market Manipulation Claims Over Early Bitcoin Cash Futures Settlement read more.
11/20/2018 / 10:20:00
Cointelegraph Neutral - Greek Supreme Court is Violating Alleged Bitcoin Launderer’s Rights, Lawyer Argues read more.
11/20/2018 / 10:11:00
Coindesk Neutral - Singapore’s Stock Exchange Clarifies Rules for Listed Firms Issuing ICOs read more.
11/20/2018 / 10:01:00
Livebitcoinnews Neutral - #Bitcoin Cash Price Analysis: BCH/USD Potential Countertrend Bounce read more.
11/20/2018 / 10:00:51
Newsbtc Neutral - Bearish Sentiment Mounts As Bitcoin (BTC) Plunges Below $4,400 read more.
11/20/2018 / 10:00:51
Cryptoglobe Neutral - TransferWise Co-Founder: ‘If Every Bank in the World Was Connected to the Ripple Network, It Would Be Amazing’ read more.
11/20/2018 / 09:55:55
Coinspeaker Neutral - Bitcoin Cash Hash War Stacking Heavy Loses read more.
11/20/2018 / 09:53:20
Cryptopotato Negative - OKEX Denies Guilty in the BCH Futures Issue: Customers’ Lousy Management Led to Losses read more.
11/20/2018 / 09:52:07
Newsbtc Neutral - Bitcoin Price Watch: BTC/USD Nosedives 15%, $4,000 Next? read more.
11/20/2018 / 09:30:40
Cryptoglobe Neutral - #NEO Long-term Price Analysis- 20 November read more.
11/20/2018 / 09:30:00
Themerkle Negative - Bitcoin Cash Price Onslaught Pushes Market Cap Below XLM’s read more.
11/20/2018 / 09:28:21
Cointelegraph Neutral - Bank of Thailand Governor: Digital Currency Use Won’t Replace Cash for Three-Five Years read more.
11/20/2018 / 09:21:00
Coinspeaker Neutral - Huobi Turns into Communism in a Bid to Get Support for Its Domestic Businesses read more.
11/20/2018 / 09:18:28
Coinspeaker Neutral - #Ethereum Price Analysis: ETH/USD Trends of November 20–26, 2018 read more.
11/20/2018 / 09:12:08
Ccn Neutral - India to [Finally] Draft Cryptocurrency Regulations in December: Report read more.
11/20/2018 / 09:11:54
Cointelegraph Neutral - Trezor Urges Caution After Discovery of Hardware Wallet ‘One-For-One Copies’ On Sale read more.
11/20/2018 / 09:04:00
Newsbtc Negative - Bloodbath Continues as Crypto Markets Collapse 33% in a Week Losing $70 Billion read more.
11/20/2018 / 09:00:21
Coindesk Neutral - Bitcoin Smart Contract Startup RSK Unveils New Infrastructure Project read more.
11/20/2018 / 09:00:18
Cryptopotato Negative - #Bitcoin Price Analysis Nov.20: HODLer’s nightmare, a chance for a correction? read more.
11/20/2018 / 08:57:27
Ccn Neutral - Blockchain Job Offerings and Seekers Decline with Crypto Market Capitalization read more.
11/20/2018 / 08:50:02
Coinspeaker Neutral - Bloodbath in Cryptocurrency Market Continues, Bitcoin Slips Below $5000 read more.
11/20/2018 / 08:48:58
Bitcoin.Com Neutral - Fear, Loathing and Opportunity: How Crypto Traders Are Handling the Drop read more.
11/20/2018 / 08:45:50
Cointelegraph Neutral - Singapore's Central Bank Finalizes Regulatory Framework for Crypto Payment Services read more.
11/20/2018 / 08:41:00
Cryptoglobe - Crypto Roundup - 20 November 2018 read more.
11/20/2018 / 08:34:04
Livebitcoinnews Neutral - #Bitcoin Price Analysis: BTC/USD Some Support at These Levels? read more.
11/20/2018 / 08:30:43
Newsbtc Neutral - #Ethereum Classic Price Analysis: ETC/USD Sellers Next Target $5.00 read more.
11/20/2018 / 08:28:40
Themerkle Negative - Even the XRP Price Feels the Pressure as Value Plummets by 10% read more.
11/20/2018 / 08:15:54
Coinspeaker Neutral - IBM Teams Up with Columbia University to Further Push Blockchain Development read more.
11/20/2018 / 08:13:44
Bitcoinist Neutral - ‘People Have Panicked’ – $4.5K BTC Price Business as Usual for John McAfee read more.
11/20/2018 / 08:02:30
Ccn Neutral - Another $25 Billion Wiped Out: Crypto Market Suffers From Large Sell-Off read more.
11/20/2018 / 08:02:10
Cryptonewsreview Neutral - BitMEX liquidations now top $1.3bn for last seven days read more.
11/20/2018 / 08:00:40
Ccn Neutral - Cryptocurrency Exchange Huobi Creates Communist Party Committee in China read more.
11/20/2018 / 07:43:08
Newsbtc Neutral - #Ripple Price Analysis: XRP/USD Outperforms Bitcoin And Ethereum read more.
11/20/2018 / 07:30:53
Cryptoglobe Neutral - Host of CNBC's Crypto Trader: ‘At This Rate XRP Will Be in the Number 1 Spot by Friday’ read more.
11/20/2018 / 07:18:45
Livebitcoinnews Neutral - Australia’s IvyPay Lets Users Pay Their Bills With Cryptocurrency read more.
11/20/2018 / 07:00:46
Bitcoin.Com Neutral - Singapore Finalizes Regulatory Framework for Cryptocurrency Payment Services read more.
11/20/2018 / 06:55:35
Cryptonewsreview Negative - John McAfee on the cryptocurrency price crash: stop panicking read more.
11/20/2018 / 06:39:43
Negative
3.8%
Neutral
94.7%
Positive
1.3%
Mixed
0.1%

Latest comments:

4 min
Hey Sam, how is it going? But I must explain to you how all this mistaken idea of denouncing of a pleasure and praising pain was born
3 min
Pretty good. Doing my homework.. No one rejects, dislikes, or avoids pleasure itself, because it is pleasure, but because
2 min
Any chance to go out? To take a trivial example, which of us ever undertakes laborious physical exercise, except to obtain some advantage
2 min
.. Maybe 40-50 mins. I don't know exactly. On the other hand, we denounce with righteous indignation and dislike men who are so beguiled
1 min
Anyway sounds great! These cases are perfectly simple and easy to distinguish.