One of the leading cryptocurrency exchanges, Coinbase, has announced the support of a new token and new assets, as well as the expansion of its services.
New Listing: Across Protocol (ACX)
Coinbase has announced support for Across Protocol (ACX) on the Ethereum network (ERC-20 token). Trading of this token is expected to begin on August 21, 2024, if liquidity conditions are met. Once a sufficient supply of this asset is established, the trading of the ACX-USD pair is expected to launch in phases.
New Assets for New York Residents
At the beginning of the week, Coinbase announced that five new assets are now available to New York residents in the Coinbase iOS and Android apps. These assets include NEAR, AERO, VET, VTHO, and PYUSD (ERC-20).
International Expansion
Coinbase has also added send and receive support for crypto assets Curve DAO Token (CRV), yearn.finance (YFI), and Synthetix (SNX) on its platform in regions where trading is supported. Moreover, Coinbase International Exchange announced it will add support for Cosmos, dYdX, and MANTRA perpetual futures. The opening of the ATOM-PERP, DYDX-PERP, and OM-PERP markets will take place tomorrow, August 22, around 9:30 a.m. UTC. Last week, Coinbase also announced the upcoming launch of cbBTC, expected to play a crucial role in DeFi on the Base network, Coinbase's Ethereum layer-2 blockchain.
Coinbase continues to expand its offerings and improve the accessibility of cryptocurrency assets for a wide audience by investing in new technologies and diverse asset support.
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