In line with a recent ‘announcement‘ published, renowned American crypto-currency exchange and wallet service provider ‘Coinbase Pro’, has added support for three new tokens namely Eos [EOS], Augur [REP] and Maker [MKR].
The post additionally states that the platform presently accepts inbound transfers of EOS, REP and MKR, and will be accepting deposits for atleast prior to 12 hours before permitting trading. Trading on order books will be obtainable once ample liquidity is established.
Within the post, the company notes that Coinbase Pro can add support for EOS and REP in all jurisdictions, except for the state of New York, whereas MKR will be available in all supported jurisdictions outside the U. S.
The Eos network supports the event of decentralised applications and is seen by several as a contender to the Ethereum [ETH] network. Per recent reports, the token has been ‘gaining ground‘ as additional developers switch to Eos.
REP — Augur’s renowned token – is the cryptocurrency underlying open source, decentralized prediction market platform Augur. REP is intended for the reporting and disputing the final events on on-line prediction markets. At the reporting time, REP is presently trading at a price around ‘$20.68 USD‘, which is 4.75% less in the past 24 hours.
On the other hand, MKR is an Ethereum-backed token, that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” MKR is ranked at the 19th position as per CoinMarketCap’s list and is trading at around ‘$720.85 USD‘. The coin has lost about 2.36% lower than the past 24 hours.
Recently, Coinbase Pro additionally added support for ‘Stellar Lumens‘ [XLM] and ‘Ripple‘ [XRP], that were sooner expanded to its retail offering coinbase.com along with its trading application for the Android and iOS based platforms.
Even earlier in April, Coinbase expanded its services into ‘cross-border payments‘. The exchange’s customers can presently transfer funds to any user with a Coinbase account globally using Ripple [XRP] along with the exchange’s stablecoin USDCoin [USDC] without any fee’s. The development reportedly permits users to transfer and receive money instantly, and convert them into the native currency.