As the cryptocurrency market continues to boom, Coinbase is making sure that its users can access as many coins as possible. The exchange has added three new cryptocurrencies to its platform: Hedera, Illuvium, and 00 Token. The exchange is currently the largest cryptocurrency platform in the U.S., but there are few ways for people to buy cryptocurrencies outside of exchanges like Coinbase.
Coinbase has added three new cryptocurrencies to its platform: Hedera, Illuvium, and 00 Token.
Hedera, Illuvium, and 00 Token have all been added to the Coinbase Exchange. This is the first time these three cryptocurrencies will be available on a major exchange.
Hedera (HBAR)
Hedera has created a public network for enterprises to build on in the digital world.
Hedera’s HBAR is the native crypto-currency powering Hedera’s decentralized economy. Whether you’re a startup or enterprise, creator or consumer—HBAR provides fast, fair, and secure transactions for all applications built on the platform.
Illuvium (ILV)
Illuvium, an open-world fantasy battle game built on the Ethereum blockchain, is often touted as being the first “AAA” game to run using distributed finance technology.
The ILV token has a wide range of applications within the Illuvium ecosystem. The ILV Token is the core currency of Illuvium, used to reward players for their achievements, entitle them to their share of Vault coins, and allow voting rights in the decentralized autonomous organization (DAO) that governs Illuvium.
00 token (00)
00 Token is the official token of the zerozero ecosystem.
The zerozero ecosystem is made up of Web3 organizations that collaborate to empower creators and brands by assisting them in building tokenized communities to grow their audiences. Decentralized governance and marketplaces for creators’ tokens are two components of zerozero’s ecosystem that help brands better engage with their communities.
The 00 Token is a governance token that grants holders voting rights in the zerozero ecosystem as well as access to the creator coin treasury.
The exchange is currently the largest cryptocurrency platform in the U.S.
Coinbase was founded by Brian Armstrong and Fred Ehrsam and is the largest cryptocurrency exchange in the United States by trading volume.
Coinbase is a digital currency wallet and trading platform that allows users all over the world to easily buy, sell, send, and receive cryptocurrencies.
The company works with regulators around the globe to ensure its services are legal for use everywhere from Bali to New York City.
There are a few ways for people to buy cryptocurrencies outside of exchanges like Coinbase.
One way of acquiring cryptocurrency is through an ATM. Atms have been popping up all over the world, and they allow you to insert cash into them in exchange for your preferred currency (whether it’s fiat—paper money backed by a government or central bank—or crypto-currency).
Another way is through a peer-to-peer marketplace, like LocalBitcoins. In these cases, you would meet with another person in person who sells cryptocurrencies in exchange for cash.
Finally, there are cryptocurrency brokers who offer services similar to those offered by traditional stockbrokers: buying/selling at market price and making transactions seamless on behalf of clients.
The cryptocurrency market is booming, and Coinbase is getting ready for more coins!
Coinbase is the largest cryptocurrency exchange in the United States and one of the most popular exchanges in general.
Coinbase has very strict listing procedures: they don’t just add new coins willy-nilly; they put them through a rigorous vetting process before adding them to their platform as well as conduct due diligence on them after they’ve been listed.
Despite accusations of insider trading and market manipulation, millions have signed up for accounts with Coinbase.
Besides being one of the easiest and safest places online where people can purchase Bitcoin, Ethereum (and other cryptocurrencies), Coinbase is also available as a free app on iOS devices and Android devices.