Basic Attention Token (BAT) will be listed on Coinbase Pro – What is the next?
Home News Basic Attention Token (BAT) will be on Coinbase Pro listed – What’s next?
Marcus Misiak –
Coinbase announced yesterday that it will start trading with the Basic Attention Token (BAT) soon on Coinbase Pro. As with the last Listing of 0x (ZRX), the level of trade free, which also means that the BAT will be in a few days, probably on Coinbase available. Now that Coinbase has accelerated the uptake of new crypto-currencies, the question is, what will be next?
In the announcement in the Medium of the Post it says:
We accept deposits for a minimum of 12 hours before we make the trade. As soon as sufficient liquidity is available, is ASKED to the trading with the order book/USDC. Users can convert their USD in USDC with a click within the Pro-surface[…]. The BAT-trade will be for users in the majority of jurisdictions accessible, but will not be first of all for inhabitants of the state of New York available.
How Coinbase in previous notices announced, the stock market, not all crypto-currencies available anywhere in the world. If regulatory concerns exist, Coinbase, these (initially). For this reason, trading of the Basic Attention Tokens (BAT) does not seem to be in American gauges the state of New York allows.
According to the Blog of the Start-up of BAT, as in the case of 0x in four phases, which consist of a Transfer-only, Post-only, Limit-only, and Full Trading. First of all, the customer will be able to issue orders and run orders in these order books. The order books will only be held once for 12 hours in the Transfer mode. In the second stage, the order books are kept for at least one Minute in the Post-Only mode. In the third stage the Limit Orders with the balance to start, but customers will still be able to place market orders. In the final phase of the full trading begins, including Limit, market and stop orders.
Furthermore, Coinbase writes in a Medium Post:
Please note also, that BAT Apps is still under coinbase.com or in our iOS and Android available. We are going to make in this case, a separate communication.
Translated, this means that BAT will be in a few days coinbase.com available. As in the case of the last Listings also it was ASKED in the last hours of the “Coinbase-effect”. Since the announcement of the price of BAT of around $ 0.26 is increased within 20 minutes to a new high of 0.315 dollars. In the meantime, the course is located on the cut-point of around $ 0.29, it can rise still approximately 12 percent within the last 24 hours.
Which crypto currency is the next one?
Already in March had Coinbase had announced plans to expand its offer to other Ethereum-based (ERC20) Token. In July, Coinbase announced that it will be investigated the listing of the ZRX, BAT, Stellar (XLM), Cardano (ADA) or ZCash (ZEC). After the first two crypto currencies in the case of Coinbase have been taken, the question is seemingly the question of whether Stellar, Cardano or ZCash is the next Coin that will be recorded and a price-to-Pump by the “Coinbase-effect” is obtained.