Coinbase Lists Ethereum Rival That Raised $230,000,000 in Massive Private Token Sale

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Coinbase Lists Ethereum Rival That Raised $230,000,000 in Massive Private Token Sale

Cryptocurrency giant Coinbase is adding support for a top-20 altcoin that competes with Ethereum (ETH).

कोइनबेस भन्छन् it is listing the smart contract platform Avalanche (AVAX) on its professional trading platform by first accepting inbound transfers and then allowing trading once liquidity reaches desired levels.

 

“Starting today, Wednesday, September 29, we will begin accepting inbound transfers of AVAX to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT), Thursday, September 30, if liquidity conditions are met.”

The initial pairs that will be made available for trading are Avalanche versus the US dollar (AVAX/USD), the Tether stablecoin (AVAX/USDT), and the EURO (AVAX/EUR).

The US-based cryptocurrency exchange will initially only support Avalanche on Coinbase Pro before potentially rolling it out on the main Coinbase.com platform and Coinbase’s mobile apps.

Coinbase’s support for AVAX is restricted to Avalanche’s C-Chain tokens. Avalanche has तीन built-in blockchains – Contract Chain (C-Chain), Platform Chain (P-Chain), and Exchange Chain (X-Chain). C-Chain is the Avalanche blockchain dedicated to smart contracts.

AVAX’s listing on Coinbase comes nearly two weeks after the Avalanche Foundation revealed it had उठाइयो $230 million in a private token sale. The funds were meant to finance decentralized finance (DeFi), enterprise applications, and other projects in the Avalanche ecosystem.

Avalanche launched in September 2020 and says that more than 270 crypto projects are currently building on its public blockchain.

AVAX is trading at $64.78 at time of writing, according to CoinGecko. It is currently ranked 11th by market cap, roughly valued at over $14 billion.

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अस्वीकरण: डेली होडलमा अभिव्यक्त गरिएको लगानी सल्लाह होईन। कुनै पनि उच्च जोखिममा लगानी गर्नु भन्दा पहिले लगानीकर्ताहरूले उनीहरूको परिश्रम गर्नुपर्छ Bitcoin, cryptocurrency वा डिजिटल सम्पत्ति। कृपया सल्लाह दिनुहोस् कि तपाईंको स्थानान्तरण र कारोबार तपाईंको आफ्नै जोखिममा छन्, र तपाईंले गर्न सक्ने कुनै पनि हार तपाईंको जिम्मेवारी हो। डेली होडलले कुनै पनि क्रिप्टोकरन्सी वा डिजिटल सम्पत्ति किन्न वा बेच्न सिफारिस गर्दैन, न त डेली होडल एक लगानी सल्लाहकार हो। कृपया नोट गर्नुहोस् कि डेली होडल एफिलियट मार्केटिंगमा भाग लिन्छ।

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पोष्ट Coinbase Lists Ethereum Rival That Raised $230,000,000 in Massive Private Token Sale पहिलो पटक देखियो दैनिक Hodl.

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