Coinbase adds Ethereum ERC20 token support

Coinbase Will Add Support For Certain ERC20 Tokens

Coinbase Will Add Support For Certain ERC20 Tokens

ERC20 (CURRENCY:ERC20) traded up 41.9% against the US dollar during the 24 hour period ending at 9:00 AM ET on March 5th. Investors seeking to trade ERC20 must first purchase Ethereum or Bitcoin using an exchange that deals in United States dollars such as Gemini, GDAX or Changelly. The addition of ERC20 token support opens up the possibility of Coinbase adding one or more of the over 500 ERC20 tokens that exist on the market now. Its down -58.82% in the last 100 days since when traded at $0.002334 and the annual trend is up.

ERC20 (CURRENCY:ERC20) traded 29.9% lower against the USA dollar during the 1-day period ending at 0:00 AM Eastern on March 6th. 200 days ago MDT* traded at $0.00 (non existent).

TRON (TRX) traded up 1.6% against the dollar and now trades at $0.0451 or 0.00000571 BTC.

NEO (NEO) traded 4.7% lower against the dollar and now trades at $54.32 or 0.00714719 BTC.

IOTA (MIOTA) traded up 1.3% against the dollar and now trades at $1.20 or 0.00015260 BTC.

Walton (WTC) traded 7.9% higher against the dollar and now trades at $22.77 or 0.00246724 BTC.

Binance Coin (BNB) traded down 6.9% against the dollar and now trades at $13.05 or 0.00151247 BTC.

ERC20's genesis date was October 21st, 2017. In the announcement, Coinbase made sure to reiterate the fact that no other digital assets (including ERC20 tokens) will be added immediately.

Coinbase offers secure wallets for substantial value crypto holders through Coinbase Custody, which will also support ERC20 tokens. It is not presently possible to purchase ERC20 directly using USA dollars.

ERC20 can be traded on these cryptocurrency exchanges: IDEX and EtherDelta. Investors seeking to acquire ERC20 must first purchase Bitcoin or Ethereum using an exchange that deals in USA dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy ERC20 using one of the aforementioned exchanges.

Recommended News

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.