Coinbase Launches First ERC-20 Token on Platform
Crypto exchange Coinbase has launched the ZRX token on Coinbase Pro, it will be the first ERC-20 token supported on the platform.
Per the announcement, Coinbase has launched support for ZRX on its professional platform, Coinbase Pro, although trading will only be allowed once sufficient liquidity is established. The exchange notes that a separate announcement will be made when the token becomes available on coinbase.com and on its iOS and Android apps.
ZRX trading will be available in most jurisdictions, except the state of New York during its initial launch stage. Coinbase has divided the launch into four independent stages for each new trading pair; ZRX/USD, ZRX/EUR and ZRX/BTC, while the exchange notes that currently it will not offer trading on the ZRX/GBP pair.
As Coinbase states in the blog post, in the first, “transfer-only” stage, customers will be able to transfer ZRX into their Coinbase Pro accounts, without an option to place orders. The second “post-only” stage will let customers post limit orders, however with no matches. The subsequent stages — “limit-only” and “full-trading” — will enable matching limit orders and full trading services, including limit, market, and stop orders respectively.
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You know which coin I'm rooting for to be added next!
Its a good news. I often used coinbase. It’s a good opportunity.
Thanks for this update @simply Mike. Reinforces the value of owning this "Project 0x" crypto asset! 👍
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Is this a step forward for automatically buy the cryptos with fiat and get ZRX token for that? Looks similar to Binance coin....but what about fees? Coinbase used to have big fees...
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Would be great for the next news to be that they are adding Steem
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BAT is next!
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