the Coinbase, the largest Bitcoin exchange in the United States, is planning to increase their offer of crypto-currencies. Currently, the crypto stock exchange is examining more than 30 candidates, among other things, the “Top” Coins XRP, ADA, XLM and EOS. The Token must be with the Digital Asset Framework from Coinbase compliant. In the long term, to be taken over 90 percent of the (Framework-compliant) Coins by market capitalization.
By Christopher clover
10. December 2018ShareFacebookTwitterLinkedInxingemail
The crypto-exchange-Coinbase wants to expand currencies and their comparatively sparse offering of currently nine Crypto. The US Exchange is currently 31 digital Assets under the magnifying glass. The Coinbase was on 7. December on your Medium Blog. In the case of the candidate, it is, for example, the crypto-sizes XRP, ADA, XLM and EOS. But “smaller projects”, such as decentral land (MANA), Civic (CVC), or Po.et (POE) to the Coinbase-candidates.
What
To arrive in the elite circle of the Coinbase to be listed on the Token, must match a Token, however, the in-house rules for the listing of digital Assets. According to the Digital Asset Framework to ensure, inter alia, the following questions need to be answered:
Is the Asset accessible to everyone and is not controlled by a single party?Can you attest to the product on the Basis of the source code and the running system is of a high quality and safety?The Expertise of the team meets the demands of the project?Defined a Governance and a consensus-building process?The project is scalable?The Asset has a high level of liquidity?It is the Asset already in the larger style?There is a great demand for the Asset, or achieve positive network effects?There are mechanisms which create incentives to the network of protective behavior?If there was a Token Sale Is this expired in accordance with Best Practices (security, ensuring a fair Token distribution, transparency, White Paper, etc.)?Coinbase: Without guarantee
Coinbase insists that there is no guarantee for a GDAX-Listing of the above listed Coins.
“Adding new assets extensive exploratory requires work both from a technical as well as from a Compliance point of view, and we cannot guarantee that all of us-rated assets, admitted, ultimately, to the trade. In addition, our listing process can lead to some of these assets will only be offered to customers for the purchase and sale, without that they can be sent over a local Wallet or receive.“
Also want to take into account Coinbase as usual, the different legal spaces:
“Finally, we will introduce, in accordance with our listing process of new assets, on the basis of the relevant case-law. This enables us assets efficiently and responsibly add.“
GDAX-list (status: 10.12.18) source: support.coinbase.com
Coinbase had already announced in July, to consider the inclusion of ADA, BAT, XLM ZEC and ZRX. After all, it has managed more than half actually in the GDAX. Who is taken of 31 new (and old) candidates in the circle of GDAX Token, wants to announce the crypto-exchange via Blog and Twitter.
