Coinbase Lists 4 New Altcoins! Prices Are Flying

Famous Bitcoin and cryptocurrency exchange Coinbase Pro lists 4 new altcoins. Borsa is adding Function X (FX), Jasmy (JASMY), tBTC (TBTC) and Wrapped Centrifuge (WCFG) to its platform. cryptocoin.com We have compiled the details for you…

Coinbase lists 4 new altcoins! Prices flew

Pioneering Bitcoin and cryptocurrency exchange Coinbase Pro lists 4 new altcoins. The stock market made the following statement on the subject:

From Wednesday, October 6, We will begin accepting inbound transfers from FX, JASMY, TBTC, and WCFG to Coinbase Pro. If liquidity conditions are met, trading will begin on or after Thursday, October 7th. Trade FX-USD, JASMY-USD, TBTC-USD, WCFG-USD, WCFG-USDT, WCFG-BTC, WCFG-EUR & WCFG- when there is sufficient supply of FX, JASMY, TBTC and WCFG on the platform. GBP order books will be launched 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 state for a longer period of time or suspend trading according to our Trading Rules. We will post tweets from our Coinbase Pro Twitter account as each orderbook goes through the stages.

Altcoin prices skyrocketed with Coinbase’s listing announcement. Function X (FX) rose more than 40 percent. Jasmy (JASMY) increased more than 30 percent. tBTC (TBTC) rose more than 10 percent. Wrapped Centrifuge (WCFG) was up more than 15 percent.

What is Function X (FX), Jasmy (JASMY), tBTC (TBTC), and Wrapped Centrifuge?

Function X (FX) is an Ethereum token powering Function X, which includes a core Blockchain, cross-chain protocol, and platform for decentralized applications. FX can be used to pay for services such as smart contract creation and data storage, vote for network upgrades, and stake on the network.

Altcoin project Jasmy (JASMY) is an Ethereum token that powers Jasmy, an organization that develops IoT (“Internet of Things”) platforms. Instead of coordinating device and data networks through centralized servers, Jasmy aims to decentralize the process through edge computing and data storage in IPFS, a decentralized storage network. JASMY can be used to transfer tokens between devices and pay for network services.

2 Analysts Pointed To These 7 Altcoin Projects:

tBTC (TBTC) is an Ethereum token intended to represent Bitcoin (BTC) on the Ethereum Blockchain. Not Bitcoin, but a separate ERC-20 token designed to track the value of Bitcoin. tBTC is powered by Keep Network. Keep Network allows users to deposit Bitcoin and use tokenized tBTC which can then be used in the Ethereum ecosystem.

Wrapped Centrifuge (WCFG) is an Ethereum token intended to represent Centrifuge (CFG) on the Ethereum Blockchain. WCFG is a separate ERC-20 token designed to track the price of CFG, not CFG. CFG is the native presence of Polkadot-based Centrifuge Chain and can be used for staking and on-chain management.

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