Coinbase Pro is Set to List Four Prominent Altcoins

Coinbase Pro is Set to List Four Prominent Altcoins

Coinbase pro

Based on a recent report, Coinbase pro is set to list four prominent altcoins. This news was made known recently by the professional trading platform as the 9th daily announcement of the exchange’s “12 Days Of Coinbase” initiative.

Ethereum-based tokens

These four cryptocurrencies are all Ethereum-based tokens, which lines up with the startup’s recent listings of Civic (CVC), district0x (DNT), Loom Network (LOOM) and Decentraland (MANA) has added four more popular Ethereum-based tokens to its growing list of tradable tokens.

According to a blog post detailing the announcement, the exchange will be listing Maker(MKR) and DAI (both a product of the Andreessen Horowitz-backed MakerDao project), Golem (GNT), an Ethereum product and finally, Zilliqa(ZIL), a startup set to initiate the blockchain 3.0 revolution.

It was said in the blog post, the listed token’s order books will soon enter transfer-only mode.

The post also stated that:
“We will accept inbound transfers in the regions where trading is supported. Orders cannot be placed or filled. Order books will be in the transfer-only mode for a minimum of 12 hours.”

The post also made it known that the exchange platform will commence the acceptance of “inbound transfers” for the listed tokens. Following this will be the opening of order books, once sufficient liquidity and demand are established.

Supported Countries 

Coinbase pro also made it known that support for GNT and DAI will initially be available for its U.S-based users (except NY State), the U.K., E.U., Canada, Singapore, and Australia. Customers in the aforementioned countries except the U.S will have access to the MKR and ZIL. This is as a result of regulatory constraints put in place by the U.S government.

The blog post also made sure to stress the fact that the new tokens will not be available for trading on (Consumer), however, this is likely to change soon.