The largest US-based crypto exchange Coinbase has announced that it has added a new altcoin to its roadmap of cryptocurrencies that were reviewed before listing on the platform.
coinbase March 21 shared on Twitter in the shipmentwhose roadmap will soon complete the airdrop distribution Ethereum (ETH) layer-2 (L2) scaling solution Arbitrum (ARB) added it.
Coinbase has announced in the past months that it will include more cryptocurrencies in their ecosystem. After these statements, the giant company that opened dozens of different altcoins for users to trade, Arbitrum shared an update that they might list in the future.
The explanation on why Coinbase has added new altcoins to its ecosystem is as follows:
As we stated during our Asset Hub launch, our goal is to list every possible asset that meets our legal, compliance, and technical security standards. These standards do not take into account the market value or popularity of a project.
To its users the most diverse range of assets Explaining that they aim to present the company, the company pays particular attention to listing coins with different systemic features in different networks. In the statement made in the blog post, it is stated that if a popular altcoin has not been listed so far, it is based on the following reasons:
- We conclude that the asset does not meet our minimum listing standards for legal, compliance, and technical security.
- We do not have enough information about the asset.
- Technical integration work is required.
Also before adding it to the Coinbase roadmap Binance, OKX, MEXC And Huobi announced that it would also list the ARB.