Leading Bitcoin and cryptocurrency exchange Coinbase Pro lists 3 new altcoins. The exchange adds altcoins ARPA Chain (ARPA), Bounce (AUCTION) and Perpetual Protocol (PERP) to its platform. Trading in cryptocurrencies will begin on or after Tuesday, October 19, if liquidity conditions are met. Altcoin prices rose strongly with the listing announcement. cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Coinbase Pro lists 3 new altcoins! prices skyrocketed
Famous Bitcoin and cryptocurrency exchange Coinbase Pro lists 3 new altcoins. The stock market made the following statement on the subject:
When sufficient ARPA, AUCTION and PERP supply is provided on the platform, ARPA-USD, ARPA-USDT, ARPA-EUR, AUCTION-USD, AUCTION-USDT, AUCTION-EUR, PERP-USD, PERP-USDT and PERP-EUR are traded. Order books will start in three phases, post only, limit only, and full trade. If at any point one of the new order books does not meet our assessment for a healthy and stable market, we may keep the book in a single state for a longer period of time or suspend trading according to our Trading Rules.
Altcoin prices rose strongly with the listing announcement. ARPA Chain (ARPA) is up more than 30 percent. Bounce (AUCTION) price rose more than 25 percent. The price of Perpetual Protocol (PERP) has increased by 20 percent.
What are ARPA Chain, Bounce, and Perpetual Protocol?
ARPA is a Blockchain-based layer 2 solution for privacy-preserving computing, enabled by Multilateral Computing (“MPC”). Founded in April 2018, ARPA’s goal is to separate data utility from ownership and make data leases possible. ARPA’s MPC protocol creates ways for multiple entities to collaboratively analyze data and extract data synergies, while keeping each party’s data entry private and secure.
Bounce (AUCTION) is an Ethereum token that powers Bounce, a decentralized auction protocol for token and NFT sales. Bounce is a decentralized auction platform that creates a competitive exchange based on the principle of scarcity of resources. The Bounce platform includes liquidity mining, decentralized management and staking mechanisms.
Perpetual Protocol is a decentralized finance (DeFi) project that provides this service through scripted code without the need for financial intermediaries. Also, Perpetual Protocol is a collection of programs (smart contracts) running on the Ethereum Blockchain created to transmit and replicate services offered in derivatives markets.
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