The largest American cryptocurrency company Coinbase announced the adoption of a new procedure for listing a new token. It is expected that the new procedure will allow you to add new tokens much faster than before.
The new procedure applies only to those digital assets that meet local legislation, which means that certain tokens can only be available to customers in particular jurisdictions and not in others.
Issuers who want their tokens appeared on Coinbase, you will have to use a special form, the results of filling which will be evaluated by the Coinbase team.
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At this stage, the fee for listing is charged, however, Coinbase reserves the right to introduce a fee in future to cover legal and operating expenses associated with the evaluation and listing of new tokens.
Coinbase said that the new process would “solistice most tokens in a fairly short time, which complies with the standards of the company.” The company expects now the new tokens on its projects will appear more often, so a list of tokens that will appear on these projects – no. The announcement about adding a new token will be happening at the moment it is added.
Currently available on Coinbase Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Ethereum Classic (ETC) and Litecoin (LTC).
In July, the company said that potential candidates for listing at the moment are: Cardano (ADA), Basic Token Attention (BAT), Stellar Lumens (XLM), zcash for (ZEC) and 0x (ZRX ).