Cryptocurrency exchange Coinbase is tradable as markets remain bearish altcoins made two new additions to its listing roadmap.
There Is Movement In The Price Of The Altcoins Coinbase Added To The Roadmap
The US-based stock market, in a new announcement on Twitter, Avalanche (AVAX) based BENQI (QI) and Cosmos (ATOM) based Kava (KAVA) announced that it has added it to the roadmap.
BENQI is a decentralized finance (DeFi) protocol consisting of BENQI Liquid Staking and BENQI Liquidity Market. QI is the native token used for the administration and implementation of the project. This coin is required to vote on proposals made by the BENQI decentralized autonomous organization (DAO).
At the time of this writing, the QI altcoin has risen by about 13% in the last 24 hours, despite the market slump, due to Coinbase news. The QI token is trading at $0.0073 at the time of this writing and has a market cap of approximately $25 million.
Kava is a decentralized lending protocol built on the Cosmos Network. The Kava system uses Cosmos to mint the USDX stablecoin when crypto is deposited on the platform as collateral. Crypto depositors to support the lending system are rewarded with weekly KAVA payments.
Coinbase continued to rapidly add new altcoins to its listing roadmap throughout the bear market. CEO Brian Armstrong said that the exchange aims to have as many cryptoassets as possible on its platform as long as they meet key criteria such as security and legality:
“My belief is that over time there will be millions of these entities, so I hope this isn’t news every time we add an entity in the future.”
*Not investment advice.
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