US-based digital asset exchange Coinbase is expanding its support for five Ethereum-based altcoins to cover the entire trading ecosystem.
Coinbase, the management token of collateral-backed lending platform Alchemix Finance, has announced in a new blog post. Alchemix (ALCX) announced that it can now be purchased from Coinbase.com and the exchange’s mobile apps.
ALCX is trading at $438 at the time of writing, down 2% on the day.
Another cryptocurrency listed on Coinbase.com is; allowing people to issue non-fungible tokens (NFTs) that can be linked to Ethereum addresses and web domains. Ethereum Name Service a governance token for ENS.
Currently, ENS is trading at $48.82. The altcoin, which is down about 8 percent during the day, is about 50 percent below its all-time high of $83.40, which it reached last week after being listed on Binance.
Also, Coinbase is a player-controlled blockchain gaming platform. of Gala Games with local symbol to GALA is also expanding its support. The altcoin is up over 100 percent from its November 15 low of $0.089 and is trading at $0.20 at the time of writing.
An Ethereum-backed stablecoin pegged to the Japanese yen GYEN While it was also designed to stick to the Japanese yen, it managed to climb as high as $0.05, up 470 percent after listing on Coinbase.
Finally, the peer-to-peer energy trading initiative of Power Ledger local token POWR is now live on all Coinbase’s trading platforms. At the time of writing, the altcoin is trading at $0.67, up about 3 percent.
Earlier this week, Coinbase Pro launched mStable USD (MUSD) He had listed all the tokens except GYEN, including the stablecoin, on his professional platform.
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.