The San Francisco-based Coinbase announced the move on Friday when it revealed that its adding support for a “broad range of assets”. Other big cryptocurrencies and digital assets including Cardano (ADA), NEO, EOS and Tezos (XTZ) may also be listed on Coinbase.
The last time that Coinbase announced that it was exploring adding support for several new assets was 15 July 2018, when it said that it was looking at Basic Attention Token, Cardano, Stellar Lumens, Zcash, and 0x.
From the post:
“Adding new assets requires significant exploratory work from both a technical and compliance standpoint, and we cannot guarantee that all the assets we are evaluating will ultimately be listed for trading. Furthermore, our listing process may result in some of these assets being listed solely for customers to buy and sell, without the ability to send or receive using a local wallet.”
However, Coinbase stressed that the company “cannot guarantee” that every cryptocurrency named in the announcement will make its way onto Coinbase Pro and Coinbase.com. Moreover, some cryptocurrencies may only receive limited support.