Digital asset investors and fans of EOS in the United States can now trade their favorite token on one of the biggest cryptocurrency exchanges in the country. This latest cryptocurrency news is sure to excite crypto traders and digital asset investors in the country.
Coinbase Introduce EOS, REP and MKR to Digital Asset investors on Coinbase Pro
US-based cryptocurrency exchange Coinbase has added support for EOS (EOS), Augur (REP) and Maker (MKR) Tokens on its Pro trading platform. Coinbase announced this via a blog post on Monday, April 8.
The statement read:
“Trading of EOS and REP will soon be available in all jurisdictions supported by Coinbase Pro, with the exception of New York State. MKR will be available in all Coinbase Pro-supported jurisdictions outside the US.”
Per the announcement, the exchange began accepting deposits of the tokens in supported jurisdictions later that day and will begin full trading of the tokens once sufficient liquidity is gotten, about 12 hours after deposits began.
Details of the Coinbase Latest Listing
Coinbases Pro traders can now access trading pairs of EOS and Augur tokens with Bitcoin (BTC) as well as fiat pairs USD and EUR. (ie., EOS-USD, EOS-EUR, EOS-BTC and REP-USD, REP-EUR, REP-BTC) Maker (MKR) has trading pairs with Bitcoin and Circle’s USD stablecoin (i.e., MKR-BTC, MKR-USDC).
As is their tradition, support for the new tokens are only available on Coinbase pro until a separate announcement is made for the retail trading platform Coinbase.com as well as for its iOS and Android mobile applications. This normally takes a few days to a few weeks.
The Listing of EOS Has Been in the Making
EOS supporters must have heaved a sigh of relief at this cryptocurrency news since the exchange has left out EOS on several occasions despite EOS being among the top 5 cryptocurrencies. As Smartereum reported, EOS was among over 30 tokens published by the exchange last December as potential tokens for listing in its renewed coin listing drive.
The EOS decentralized network which supports feeless transactions has gained the attention of developers who deploy decentralized applications (DApps) on the network. Along with TRON DApps, EOS DApps dominate the list of DApps with the most active daily users.
Augur’s Reputation (REP) token has gained popularity as it is used for reporting and disputing the outcome events on online prediction markets created on Augur.
MKR token is described as “a utility token, governance token, and recapitalization resource of the Maker system which is used to maintain he DAI stablecoin at the value of 1 USD.
EOS (EOS), Augur (REP) and Maker (MKR) Price Today
As at press time EOS is $5.52 posting a slight gain of less than 2% from yesterday’s price. It is currently ranked at 6th with a total market cap of $5 billion.
Augur’s REP, trading at $20.98 down by more than 6% from yesterday.
Maker (MKR) is valued at $718.33 to the USD at the time of writing.
With the listing of Tron, Stellar and EOS recent weeks, Coinbase users will look forward the listing of Cardano (ADA).