Coinbase Pro has announced that it has added the Basic Attention Token (BAT) on the platform. On 2. November 2018, the company announced that it will extend support for Basic Attention Token (BAT), a ERC-20-Token, which was developed for use with the privacy-based Brave Browser, on CoinbasePro.
The press release furthermore States that the exchange platform will take at least 12 hours Deposits before you opened the trade. As soon as an adequate level of liquidity is reached, the trading with the BAT/USDC-order pair. Customers can convert with one click on the Pro interface, your USD in USDC. The trade will be for users in most of the States available, but not for citizens of the state of New York.
The Exchange has the following tweeted:
BAT is launching on Coinbase. Starting at 1pm PT today, customers can transfer the BAT into their Coinbase account. Traders can deposit ASKED, but cannot place or fill orders. Order books will remain in transfer-only mode for at least 12 hours. https://t.co/31wbi09uyx pic.twitter.com/2YC7xtOjuI
— Coinbase Pro (@CoinbasePro) November 2, 2018
Basic Attention Token (BAT) is an Open-Source, decentralized ad exchange platform on the Basis of Ethereum. The platform is integrated in the Brave-web-browser. According to its Website, Basic Attention Token is Essentially the power of digital advertising by developing a new Token that can be exchanged between business people, traders, and users. This all happens on the Ethereum block Chain. The Token can be used to realize the Promotion and attention of the services on the BAT platform. The Use of the token based solely on the awareness of the user, so only the focused mental Engagement on a Person.
In the announcement it says
As soon as sufficient liquidity is available, is ASKED to the trading with the order book/USDC. The BAT-trade will be for users, in most States, but not initially for residents of the state of New York.
The announcement said that BAT coinbase.com or in iOS and Android applications is still available. The exchange platform will make Reaching this milestone, again a separate statement.
Coinbase Pro and the phases of the BAT introduction
The Start will be in four phases. So not responding can be if the BAT/USDC-order book at any time of the valuation of the stock exchange for a normal and regular market.
Transfer-only: This is the first stage. In this Phase, the customer shall be entitled to transfer the BAT to your Coinbase Pro account. Customers are not yet in a position to give orders, and no orders from the order books can run. The order books to be kept for a minimum of 12 hours in pure Transfer mode.
Post-only: In the second Phase, the users of limit orders, but there will be no designs or fulfilled progressions. The order books are kept for at least one Minute in the Post-only mode. This Exchange Position was reduced in order to improve the stability by the introduction.
Limit-only: In the third Phase, to start the Limit Orders with the pairing, but the customers are not entitled to stock exchange orders. The order books are kept for at least ten minutes in Limit mode.
Full trading: In the final phase to be complete trading services such as Limit, market and Stop Orders to be available.
Just a few days ago Coinbase Per new security and user-added features such as address book and Crypto Address Whitelisting. With the new address book users can store as many addresses. This makes it easier and more reliable to transfer crypto to the addresses you know and you trust.
The new address book also provides an optional cryptographic address white list. If a customer activates the function and the Coinbase Pro account sends, limited all Transfers to addresses that are already listed in their address book.
About Brave Browser
Brave is a free and open source web browser, the Brave Software, Inc. was developed and the Chromium web browser and its Blink Engine-based. The Browser display and web site advertising prevents the Tracker. In a future Version of the browser, the company plans to hire a Pay-to-Surf business model. It contains a Ledger System, which makes the user anonymous on the remuneration of publishers carefully.
Disclaimer: This information is not intended as an evaluation of a crypto-currency to be interpreted. It is not a recommendation to trade. The crypto market is full of Surprises and exaggerated reviews. Do your own Research before you buy something. Investing never lose more than you can afford.
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This article was from English into German:
Senior IT Consultant and Crypto Enthusiast always in search of interesting news.