What Are Your Thoughts on Altcoins on Coinbase?

[KillerEyez]

What Are Your Thoughts on Altcoins on Coinbase?

Hey everyone,

I'm curious to hear the community's thoughts on altcoins listed on Coinbase. With the platform continuously expanding its range of supported altcoins, I find myself wondering about the implications for the broader crypto market. Do you think Coinbase's selection criteria for altcoins are stringent enough, or do you see them adding coins that might not hold long-term value? 

Additionally, how do you feel about the impact of a Coinbase listing on an altcoin's price and credibility? Does a listing on such a major exchange make you more confident in the altcoin, or do you still rely on your own research before investing?

Looking forward to hearing your insights on how altcoins on Coinbase might shape the future of the crypto landscape. 

Cheers!

[Odusko]

Altcoins from Coinbase are not different from all other altcoins in the market because there will still exhibit same level of risk moment at some point infact most of them will definitely slide down immediately you open a position in them and never attempt to recover while others will give you an insane profits with in a short time, so take them as gamble only risk the amount of money that you can afford to lose and still be comfortable with, since holding those altcoins are like holding a stake on a casino which direction you arrive you will likely not know.

[wheelz1200]

Same as every other exchange.  The only thing that I think adds to tueor value is the amount of traffic that the exchange gets leans most of those coins will have tons of exposure.  Probably some of the more safe coins to buy.  I'm not particularly sure which altcoins they offer for sale there but I have to think with their reputation they have to be somewhat largecap

[SamReomo]

If you're talking about newly listed altcoins on Coinbase then those are the ones that reached successfully Coinbase but it's quite hard and risky to invest in those coins as they can be dumped badly. All other alt coins on Coinbase are the same altcoins that we find on other exchanges.

[Odusko]

If you're talking about newly listed altcoins on Coinbase then those are the ones that reached successfully Coinbase but it's quite hard and risky to invest in those coins as they can be dumped badly. All other alt coins on Coinbase are the same altcoins that we find on other exchanges.

The exchange doesn't matters and does not contribute to the success of a coin,  the only thing that pushes the value of a coin up is the ecosystem that supports them, which is the amount of traffic and the really users of the coins, otherwise, if there is nothing solids on ground, the coin is baseless and will not amount to anything other than becoming another trading tools for bots who engage in it market until it gets totally dumped in the market.
Investing in them is a high risk investment and only risk the amount of money that you feel is small enough to gamble with with those coins.

[BitMaxz]

Take note Coinbase can also remove any altcoin they want depending on the reasons just like some privacy coins which are removed from Coinbase exchange.

Why doubt of holding altcoin in Coinbase?
Are you talking about their custodial wallet? they recently added more coins supported.

Honestly, if you are planning to hold altcoins for the long term I recommend to move all altcoins to a non-custodial wallet that you fully control holding your assets on a custodial wallet is very risky.

[X-ray]

stringent requirement of coinbase listing helps filter out most of the shitty coin but it also delay listing of some big potential coin.

whenever a coin hits coinbase listing, I almost immediately knew that it's too late to invest into that altcoin because price probably already rising high and investing right around the listing time is just buying at the top.

in regard of the effect to the price because of listing it's more or less same impact as the news of listing in binance, there will be price rising but if the coin isn't hyped usually the rise won't be that high.

[FinneysTrueVision]

Coinbase definitely lists a lot of junk, but maybe not as much as exchanges like Binance and OKX. There are also some notable coins missing from Coinbase, such as Toncoin. Their only criteria for listing a coin is whether they can make a lot of money in trading fees. Also, if Coinbase has an investment in certain projects, their coin is very likely to be listed.

Being listed on Coinbase doesn’t make that coin more credible. If they are good then they will already have earned enough credibility prior to being listed. Some good coins are also excluded because they are not in the Ethereum ecosystem. Coinbase has a favoritism towards ERC-20 tokens and they will just ignore any token that isn’t on ETH L1 or L2.

[shawonngp]

Coinbase is top tier exchange i think, but that's does not mean if any coin is listed here which will be highly trusted or no doubt about credibility, but i think coinbase listed coins and other exchanges listed coins are same thing nothing different, even i believe binance exchange then coinbase. But maybe coinbase exchange is very selective in coin listing not like that Binance or other exchanges, where they are listed coins in every single day but i didn't seen that in coinbase.

[ginsan]

Now do altcoins that want to be listed on Coinbase also have to pay them if they are selected? because what I know is that the cost of entering an altcoin to a well-known exchange is really expensive, it could be that other exchanges are also looking there.
Usually people who see altcoins listed on well-known exchanges, say Coinbase, then they can be confident that there are even those without doing research, but it is better to do research than just rely on listing alone.

[justdimin]

I'm curious to hear the community's thoughts on altcoins listed on Coinbase. With the platform continuously expanding its range of supported altcoins, I find myself wondering about the implications for the broader crypto market. Do you think Coinbase's selection criteria for altcoins are stringent enough, or do you see them adding coins that might not hold long-term value? 

Additionally, how do you feel about the impact of a Coinbase listing on an altcoin's price and credibility? Does a listing on such a major exchange make you more confident in the altcoin, or do you still rely on your own research before investing?

It doesn't matter to an investor like me if a coin or token is listed on coinbase or not, because just because it's listed doesn't mean it's a good one, I remember clearly when Ape coin got a lot of attention, almost every big exchange including coinbase and binance listed it, the only reason they did that was to make sure that they had something that they could make some profit from and that's it, nothing more.

This is why I try to avoid it, because I know that they are only listing it because they think that they could make money from it. However, there are a lot of people who would trade such a coin or token when they are listed there, which means that we are going to end up with something much more, so that's an important deal.

[DeathAngel]

Altcoins listed on Coinbase are at least somewhat vetted, they have some kind of reputation of trust. Coinbase don’t list brand new coins without a good track record. Do your own research though before you decide to invest because nothing is guaranteed. Coinbase are not responsible if you lose a lot of money.

[Abiky]

What Are Your Thoughts on Altcoins on Coinbase?

Hey everyone,

I'm curious to hear the community's thoughts on altcoins listed on Coinbase. With the platform continuously expanding its range of supported altcoins, I find myself wondering about the implications for the broader crypto market. Do you think Coinbase's selection criteria for altcoins are stringent enough, or do you see them adding coins that might not hold long-term value? 

Additionally, how do you feel about the impact of a Coinbase listing on an altcoin's price and credibility? Does a listing on such a major exchange make you more confident in the altcoin, or do you still rely on your own research before investing?

Looking forward to hearing your insights on how altcoins on Coinbase might shape the future of the crypto landscape. 

Cheers!

In the early days, Coinbase was a Bitcoin-only exchange. It gradually started integrating altcoins into the platform, until it became the "big exchange" it is right now. I think it expanded its options just to compete with other exchanges (particularly Binance). Be aware that just because Coinbase lists a coin, doesn't mean it's worth the investment. The exchange only lists coins it deems beneficial to it. As long as it's able to collect a hefty sum of trading fees, nothing else matters.

Personally, I think it's best for Coinbase to limit the number of crypto trading pairs. Too many altcoins will make the platform look like "garbage". Especially "meme" coins with no value. Why do you think YoBit turned into "shit"? Because it listed almost every altcoin it could find. Now the exchange is nothing but a pure scam. Hopefully, Coinbase remains a quality crypto exchange forever.

[Yatsan]

What Are Your Thoughts on Altcoins on Coinbase?

Hey everyone,

I'm curious to hear the community's thoughts on altcoins listed on Coinbase. With the platform continuously expanding its range of supported altcoins, I find myself wondering about the implications for the broader crypto market. Do you think Coinbase's selection criteria for altcoins are stringent enough, or do you see them adding coins that might not hold long-term value? 

Additionally, how do you feel about the impact of a Coinbase listing on an altcoin's price and credibility? Does a listing on such a major exchange make you more confident in the altcoin, or do you still rely on your own research before investing?

Looking forward to hearing your insights on how altcoins on Coinbase might shape the future of the crypto landscape. 

Cheers!

I really think that adding altcoins to coinbase might really affect our crypto market. One of the largest cryptocurrency exchanges is Coinbase, whose accounting system may be generally regarded as complex. However, listing requirements are not infallible, and a fee might be added even in spite of issues over long-term viability. And listing on Coinbase may be helpful in price and credibility for the altcoin, since I only assume it there still greater exposure and accessibility to the wide public will follow. Many investors see a Coinbase as listing, and as lending some legitimacy and reliability to the reputation of an exchange plus you still need to do your own research before investing. Although a list can be a good omen, that shouldn't be the only one in your decision-making process. Analysis of the core business, strategy, operations, and market conditions forms an important step in making informed investments.

[Marvell1]

Altcoins from Coinbase are not different from all other altcoins in the market because there will still exhibit same level of risk moment at some point infact most of them will definitely slide down immediately you open a position in them and never attempt to recover while others will give you an insane profits with in a short time, so take them as gamble only risk the amount of money that you can afford to lose and still be comfortable with, since holding those altcoins are like holding a stake on a casino which direction you arrive you will likely not know.

I agree with you that investing in altcoins is more like gambling than investing, they are too risky and we cannot rely on it being listed on a top exchange and think it is safe and worth investing. But from my experience, I can say that altcoins listed on coinbase are less risky than altcoins listed on less reputable exchanges. Coinbase is said to be more strict than Binance in selecting tokens for listing, so investing in altcoins available on coinbase will likely reduce our risk a bit.

As for whether a project is worth investing in or not, we need to take the time to research and learn all about them, that is the factor that determines the quality of a project.

[Crypt0Gore]

Altcoins are altcoins regardless of wherever they are listed and trading, the only difference is more trading volumes for altcoins that are listed on top exchanges, but truth be told, I like coins that get listed on Binance in a bear market, I remember 2020 like it was yesterday and polygon was so cheap that even a baby can afford it with biscuit money, but because it was bear season many people slept on it.

Coinbase isn't doing fund raising for new projects but binance is, that's a big different, if a new project find its way to binance launchpad and it dumped, you should be buying up such coins, not those listed on coin base.

[Abiky]

Altcoins are altcoins regardless of wherever they are listed and trading, the only difference is more trading volumes for altcoins that are listed on top exchanges, but truth be told, I like coins that get listed on Binance in a bear market, I remember 2020 like it was yesterday and polygon was so cheap that even a baby can afford it with biscuit money, but because it was bear season many people slept on it.

Coinbase isn't doing fund raising for new projects but binance is, that's a big different, if a new project find its way to binance launchpad and it dumped, you should be buying up such coins, not those listed on coin base.

Binance's Launchpad is the best way to help kickstart new projects. You can find new coins before they hit the "spotlight". It's one of the few advantages Binance has over Coinbase. The latter recently added a plethora of altcoins into its platform to try to compete with the "King" (which is Binance). But I doubt it will go somewhere. Especially when it has American regulators "behind its tail". Not like Binance which is a global exchange. This means Binance can have more trading pairs than Coinbase itself.

What I only like about Coinbase is its ease of use. With some "meme" coins trading on the platform, the road is clear for endless profits. At least, that's the case for the exchange. For average traders and/or investors like us, it's another story. Be careful which altcoin you choose to avoid losing it all in an instant. Hopefully, Coinbase doesn't turn into garbage like YoBit by listing too many "shitcoins" into its platform.

[passwordnow]

Hopefully, Coinbase doesn't turn into garbage like YoBit by listing too many "shitcoins" into its platform.

I am afraid that it's not only Coinbase that's going to do that. It's almost every exchange that will have to do that so that they won't miss the opportunity from these projects that want their tokens to get listed on these known exchanges like Coinbase.

Altcoins are altcoins regardless of wherever they are listed and trading, the only difference is more trading volumes for altcoins that are listed on top exchanges, but truth be told, I like coins that get listed on Binance in a bear market, I remember 2020 like it was yesterday and polygon was so cheap that even a baby can afford it with biscuit money, but because it was bear season many people slept on it.

Coinbase isn't doing fund raising for new projects but binance is, that's a big different, if a new project find its way to binance launchpad and it dumped, you should be buying up such coins, not those listed on coin base.

That was a different time back then..

True, it's different from before but this time. The narrative has changed a lot and these exchanges will also have to adopt to what's the meta of the market. If they see that there are a bunch of nonsense projects that are getting a decent volume from its traders and investors, they won't let the opportunity slip if they have.

[irsykes]

Altcoins listed on Coinbase are at least somewhat vetted, they have some kind of reputation of trust. Coinbase don’t list brand new coins without a good track record. Do your own research though before you decide to invest because nothing is guaranteed. Coinbase are not responsible if you lose a lot of money.

coinbase exchange has the best reputation after binance. it is true that new coins listed on the coinbase exchange are not arbitrary, that's why it is very strict and this also maintains a big exchange name to trust members or trading communities. not all exchanges have the same concept, there must be some who just list to get certain benefits

[South Park]

What Are Your Thoughts on Altcoins on Coinbase?

Hey everyone,

I'm curious to hear the community's thoughts on altcoins listed on Coinbase. With the platform continuously expanding its range of supported altcoins, I find myself wondering about the implications for the broader crypto market. Do you think Coinbase's selection criteria for altcoins are stringent enough, or do you see them adding coins that might not hold long-term value? 

Additionally, how do you feel about the impact of a Coinbase listing on an altcoin's price and credibility? Does a listing on such a major exchange make you more confident in the altcoin, or do you still rely on your own research before investing?

Looking forward to hearing your insights on how altcoins on Coinbase might shape the future of the crypto landscape. 

Cheers!

You must always rely on your own due diligence when you are trying to invest in an altcoin, because if you do not do so then you are relying completely on a third party doing that job for you, a bad idea as what you are trying to achieve is not the same Coinbase is trying to achieve, Coinbase like any other exchange wants to add as many coins as they can so more traders use their exchange and earn money this way, but in your case you want to trade the best coin available, something that can be difficult when there are so many coins being added by most exchanges.