Cryptocurrency exchange Coinbase, which will be distributed free to users as an airdrop soon. Arbitrum (ARB) altcoin announced that it has added it to its roadmap to be evaluated for listing.
Arbitrum is a type of technology known as optimistic rollup. It enables scaling of Ethereum smart contracts by passing messages between smart contracts on the Ethereum main chain and smart contracts on the Arbitrum second layer chain.
Coinbase uses a roadmap system to notify when it makes a decision to list an asset. Coinbase updates its roadmap on its official blog and Twitter account.
It is important to note that transfers and trading of these assets are not supported until a listing is officially announced. Depositing these assets into a Coinbase account prior to an official announcement may result in a permanent loss of funds.
Coinbase uses the following criteria to list it on its roadmap:
“If we haven’t listed a popular asset yet, there could be several 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.”
*Not investment advice.
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