Coinbase’s latest asset is stay. On Tuesday the favored U.S.-based cryptocurrency platform added support for ZRX, the token representing the 0x Project. On Coinbase, ZRX joins the rarified ranks of Bitcoin, Bitcoin Money, Ethereum, Ethereum Traditional and Litecoin.
The addition doesn’t come as a shock. Final week, Coinbase added ZRX to Coinbase Pro, the so-called “evolution of GDAX,” Coinbase’s extra feature-rich buying and selling platform. Coinbase additionally beforehand signaled its intentions to “discover” the addition of quite a lot of new cryptocurrencies, together with 0x (ZRX), Cardano (ADA), Fundamental Consideration Token (BAT), Stellar Lumens (XLM) and Zcash (ZEC).
By exhibiting its hand properly upfront and being extra clear about its regulatory hurdles, the platform will hopefully keep away from one other debacle just like the risky launch of Bitcoin Money final December, which prompted an insider trading investigation.
“One of the widespread requests we hear from clients is to have the ability to commerce extra property on Coinbase,” Coinbase stated in a blog post.
ZRX ought to present up quickly for many customers throughout the desktop, iOS and Android variations of Coinbase. At launch time, ZRX received’t be obtainable within the state of New York or the UK as a result of unresolved regulatory points.