News

Basic Attention Token Can Now Be Traded On Coinbase's Mobile App

From November, 8 the Basic Attention Token (BAT) can now be traded on Coinbase’s original website, Coinbase.com. This also applies to its mobile apps for iOS and Android smartphones. The Californian-based crypto exchange made this known on its blog that the buying and selling of the token had begun.

BAT’s Listing on Coinbase Pro and Coinbase May Hike The Price

On Nov 4, this digital currency exchange had listed BAT on its variant website Coinbase Pro. The Token’s listing underwent four stages which were “post-only,” “limit-only,” and “full trading.” After the listing, there was a significant rise in the price of BAT, and hopefully, it might continue now that it is also tradeable on Coinbase’s primary exchange.
At the time of press, BAT’s price has seen a 3.13% decline although it is around the $0.31 it sat at 24 hours ago. Crypto analysts are suspecting that its hike may have been caused by listing on other Coinbase platforms. Whichever is the case, this token’s price has stabilized to what it was before the announcement.

BAT Will Be Tradeable By People In Certain Jurisdiction

The US-based crypto exchange stated that BAT would only be tradeable by people in certain regions. These are people in regions that have been approved to by their country’s regulators to trade cryptocurrencies. Alternatively, those living in New York will still not be able to make transactions with this token at the moment. BAT is also being traded on Binance, Poloniex, Mercatox, Bittrex, HitBTC, and other popular crypto markets.
Coinbase’s announcement also states that a new informational page has been created where its customers can be informed about the price and daily chart of different tokens. They can also find already answered questions of the page which can handle some of the questions they may have about cryptocurrency.

Cardano and Zcash May be Listed Next

Now that BAT has been fully launched on both exchanges owned by Coinbase, it may focus on other coins like Cardano (ADA) and Zcash (ZEC) which it had stated in the past, will be among the next tokens to be listed on its exchange.
Also worthy of note, is the fact that Coinbase is one of the few crypto markets that will be supporting. The company has outlined the requirements for the fork, stating that it will discontinue transactions of BCH wallets during the fork. The same is the case for Binance who is also in support of the fork.