Coinbase Pro adds support for three new tokens: EOS, Augur and Maker

3 min read

Coinbase Pro, the professional offering of the large American crypto-exchange and wallet service Coinbase, has added support for EOS (EOS), Augur (REP) and Maker (MKR). The development was announced in a blog post on 8 April.

The message indicates that the platform now accepts incoming EOS, REP and MKR transfers and that it accepts deposits for at least 12 hours before it may be traded. Trading in order books will be available as soon as sufficient liquidity has been established.

In the post, the company notes that Coinbase Pro will add support for EOS and REP in all jurisdictions, except the state of New York, while MKR will be available in all supported jurisdictions outside the United States.

The EOS network supports the development of decentralized apps and is seen by many as a challenger to the Ethereum network. According to recent reports, the token is gaining ground as more developers switch to EOS.

REP – Augur & # 39; s Reputation token – is the cryptocurrency underlying open-source, decentralized forecasting market platform Augur. REP is designed to report and dispute the outcome events in online forecast markets. At the time of the press, REP is trading around $ 21.68, with more than one percent on the day.

MKR is an Ethereum-backed token that describes itself as "a utility token, governance token and recapitalization source of the Maker system." MKR is the 19th top cryptocurrency on the CoinMarketCap list and trades around $ 713.40. The currency has lost 7.18 percent in the last 24 hours.

Coinbase Pro recently also added support for Stellar Lumens (XLM) and Ripple (XRP), which were soon expanded to include its Coinbase.com store offering and its trading app for Android and iOS.

Earlier in April, Coinbase expanded to include cross-border payments. The customers of the exchange can now transfer money to any user with a Coinbase account anywhere in the world with XRP and the stablecoin USDCoin (USDC) of the exchange at no cost. The development reportedly allows users to send and receive money instantly, and convert them into local currencies.

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Don Bradman

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