Coinbase’s NEW asset listing process

[vit05]

Coinbase’s new asset listing process will geo-restrict some coins
Coinbase now accepting applications

Coinbase is moving away from its predominantly US-centric approach with a new cryptocurrency listing process.

As a result, some new digital assets won’t be available to customers based in the US due to stricter regulations.

The popular cryptocurrency exchange announced today that it will be assessing coins based on their compliance with local laws.

Oh, and if you thought you can use a VPN or some other computer trickery to get around these restrictions, you’ll be unsuccessful. Coinbase makes coins available to users based on where accounts are registered.

Coins must satisfy Coinbase’s new seven step process to be listed on the exchange.

Up until now, Coinbase used to seek out cryptocurrencies to list on its exchange. However, with the revised approach will allow token issuers to approach Coinbase and apply for listing themselves.

Currently, Coinbase seeks out cryptocurrencies to list on its exchange. However, this new process will allow coins to approach Coinbase and apply for listing. > Up until now, Coinbase used to seek out cryptocurrencies to list on its exchange. However, with the revised approach will allow token issuers to approach Coinbase and apply for listing themselves.

For the record, the San Francisco-based exchange has long been teasing the arrival of a bunch of coins to its platform. Back in March, the company revealed it’s looking to expand its offering with more Ethereum-based (ERC20) tokens.

More recently, Coinbase revealed plans to add 37 new assets to its Custody platform.

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[batang_bitcoin]

That's a lot of new coins and this is the result of their exploration announced lately.

This is their blog: Coinbase’s New Asset Listing Process

And for application: https://listing.coinbase.com/

[jhenfelipe]

Idk why they repeat this part in the article:

Up until now, Coinbase used to seek out cryptocurrencies to list on its exchange. However, with the revised approach will allow token issuers to approach Coinbase and apply for listing themselves.

Currently, Coinbase seeks out cryptocurrencies to list on its exchange. However, this new process will allow coins to approach Coinbase and apply for listing. > Up until now, Coinbase used to seek out cryptocurrencies to list on its exchange. However, with the revised approach will allow token issuers to approach Coinbase and apply for listing themselves.

I was about to share the official blog link as well, however, batang_bitcoin already did. I advised others to read from there for a more complete and accurate info about the new listing process.

[o_e_l_e_o]

Their Digital Asset Framework will exclude a lot of coins, depending on how strict they are with it. Lots of people assume XRP will the next coin listed, but technically it shouldn't be listed at all because of this:

Team Ownership

The ownership stake retained by the team is a minority stake. There should be a lock-up period and reasonable vesting schedule to ensure the team is economically incentivized to improve the network into the future.

Still, I flat out refuse to use Coinbase. Their customer service is appalling, not to mention the whole insider trading pump and dump associated with their launch of BCH. There are far better exchanges out there.

[Bytem3]

Coinbase is making very good moves and is making crypto more accessible to average Joe, that's what we need to go mainstream.

I'm curious which coin will get listed on Coinbase next

I think that ZRX has a lot of possibility of getting listed.

[batang_bitcoin]

Idk why they repeat this part in the article:
...

Well that's probably a typo on their part with ">".

Coinbase is making very good moves and is making crypto more accessible to average Joe, that's what we need to go mainstream.

Yeah and I've seen on the news, this act has been reported on CNBC again.

[Wiwendefak]

Though In our country Coinbase doesn't support fully! We just can send and received BTC, ETH, ETC, BCH! We can't use coinbase as an exchange! A few months ago, coinbase announced they will list ERC20 Coins, Maybe they are processing now. Today I read an article about this application process, as I know coinbase in maintaining their website and coinbase pro for making this change. I think If coinbase becomes a general exchange then it can be more popular even than Binance.

[bitmover]

Coinbase ia having problems.

For the last days the pair xrp/btc on binance had higher volume thsn the whole coinbase exchange.

They are changing their approach and add xrp paors soon. As like other coins

[marksayson]

I am completely sure that when another coin is listed in Coinbase, surely that coin will gonna make a huge noise and causing it to fly for its price. I bet we stack up more of the upcoming token that is been listed.

[zero714309]

Its cool,I'm curious what coins will be listing,surely the later will give new influences in the movement of the market. Its make me more interested.

[iconoclast]

Coinbase ia having problems.

For the last days the pair xrp/btc on binance had higher volume thsn the whole coinbase exchange.

They are changing their approach and add xrp paors soon. As like other coins

That is the rumour that the fan boys have been spreading to try and pump up XRP. I don't think they are going to list XRP because it is a centralised coin and therefore is considered a security by the SEC. My feeling is that in 2019 as Banks begin building their own proprietery blockchain without XRP that it will become the new Bitconnect.

[Agozyen]

I think overall this is a positive move in the right direction.  We need more people to adopt crypto and this provides a path forward towards that goal.  I just hope that some of the coins I hold get listed!

[chocopapaya]

I always thought anyone who used coinbase was a total sucker.
Of course, it's vast user base are mostly americans.
Leave it to americans to go for the stupid, expensive, exploitive company.

In the crypto landscape, coinbase has very little impact.
It's just that americans think they are the center of everything so they often refer to coinbase as if it's the holy grail.

The reality is, if you are using ANY exchange that deals in fiat, you are being stupid.
You are paying higher fees and just begging for your crypto to be tracked and taxed.
Crypto was built to be p2p, buy it direct from someone than move that btc to an exchange that deals only in crypto, no fiat.

And, of course, this is going to be bad advice in the future because dexs are the future.
They are just simply better.

[GermanGiant]

I think CoinBase will add altcoins that have a good project. The listing process must pass several verification stages. I am optimistic that the top 20 in Coinmarketcap will be listing on CoinBase.