- Leading US-based cryptocurrency exchange Coinbase has added 2 more little-known altcoins to its list of digital assets that it plans to list in the second quarter of 2022. added.
Coinbase, which announced on its official Twitter account, Aurora (AURORA) and Mxc (MXC) announced that it has added it to its listing roadmap.
coinbase listing roadmapconsists of crypto projects that are currently being actively considered for inclusion in the exchange’s list of supported assets. The exchange, which updates this list every day, ensures that positive price movements occur in altcoins that are expected to be listed.
In addition, altcoins added to the roadmap are likely to be listed in the coming days, so it is necessary to follow closely.
Aurora, a project aimed at executing Ethereum contracts on the NEAR blockchain, claims it was released to help scale Ethereum so that developers run their applications in an Ethereum-compatible high-throughput environment with low transaction costs.
At the time of writing, Aurora is trading at $1.37 with a modest market cap of just over $88 million. Native token AURORA has yet to be hit with news about Coinbase’s radar entry.
Mxc (MXC)
MXC is an IoT (Internet of Things) project that aims to crowdsource a global data network for “devices of tomorrow”.
The project’s service token, MXC, is an ERC-20 cryptocurrency used for device transactions on the MXC Supernode network. A supernode is a peer-to-peer network node that manages data flow and connections, serving as a relay and proxy server for other users.
With a market cap of $171 million at the time of writing, MXC is trading at $0.07.
Coinbase’s listing roadmap was originally created to increase transparency by “providing as much information symmetry as possible” and to communicate with the market before deciding to list an asset.
Earlier this month, Coinbase CEO Brian Armstrong said that the aim of the exchange is to list as many crypto assets as possible as long as they meet simple standards.
“Like Amazon or platforms like it, a product may have three stars or five stars, but if it starts getting one star all the time, it’s probably fake, defective or something else and maybe Amazon will remove it. Otherwise, you want to let the market decide what those are…
My belief is that over time these assets will become millions, so I hope this doesn’t become news when we add support for one on our platform in the future.”
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.