Coinbase has acquired Paradex..

hers (50)in #coinbase • 6 years ago

Coinbase has acquired Paradex, a decentralized cryptocurrency trading relay platform that enables users to trade hundreds of ERC-20 tokens directly from their wallets.

Coinbase has confirmed its acquisition of Paradex in a move that will open up Coinbase customers to access and trade coins beyond the four coins –BTC, BCH, ETH, LTC – supported by the exchange.

Coinbase chief executive and co-founder Brian Armstrong said the move underlined Coinbase’s “commitment to investing in decentralized infrastructure” and a marked effort to reach new customers outside the United States.

Coinbase, among the world’s most valuable centralized cryptocurrency exchanges, first announced support for ethereum-based ERC20 tokens in March but it remains to be seen if the exchange will add support for trading or purchases for the tokens following its latest acquisition.
🤔So steem do you think Coinbase will add more trading pairs soon?

#steemit

6 years ago in #coinbase by hers (50)

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2 votes

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Coinbase has acquired Paradex..

Coinbase has acquired Paradex, a decentralized cryptocurrency trading relay platform that enables users to trade hundreds of ERC-20 tokens directly from their wallets.

Coinbase has confirmed its acquisition of Paradex in a move that will open up Coinbase customers to access and trade coins beyond the four coins –BTC, BCH, ETH, LTC – supported by the exchange.

Coinbase chief executive and co-founder Brian Armstrong said the move underlined Coinbase’s “commitment to investing in decentralized infrastructure” and a marked effort to reach new customers outside the United States.

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