Investors Interest Draws Towards BAT Token After It Got Listed On Coinbase Pro

The Basic Attention Token (BAT) which was officially listed on Coinbase Pro on, Friday, November 2, is one of the top trading tokens today. Based on the rankings provided by Coinmarketcap, it is among 30 of the most-traded tokens. This can be attributed to the fact that it was recently listed by the company who owns Coinbase and Coinbase Pro.
BAT moved seven positions up and experienced a 17% increase in its total market valuation. As at yesterday, its price was about $0.25, but today, it reached almost $0.4. This significant change is as a result of the announcement made by Coinbase in a Tweet and on their blog, that they had listed the coin on its new rebranded exchange, Coinbase Pro.
As at the time of listing, traders were only able to deposit the Tokens into their Coinbase Pro account. Based on the information provided by Coinbase, full trading with limit, market, and stop orders was only going to begin after sufficient liquidity had been established. This was expected to happen a few hours after the coin’s listing and depending on the user’s jurisdiction; it would be possible for them to trade immediately.
Despite this listing, the Token is neither available at or on the Coinbase’s mobile application for Android and iOS smartphones. Rather, the exchange stated that another announcement would be made about that. Before this time, this San Francisco based exchange had announced that BAT was going to be its base currency for trading pairs.
Nevertheless, this was not the case since the Token was only listed without actually becoming the platform’s base currency. An announcement was not made to indicate that there will be any possible changes in the future. But then, there is still a ray of hope since this coin’s listing, is a step in the right direction.
Asides Coinbase Pro, BAT, is currently being traded on other popular Cryptocurrency exchanges such as Binance, Bittrex, Poloniex, DDEX, Upbit, Huobi, Bitfinex, Idex, Mercatox, HitBTC, Etherdelta, and Ethfinex. Based on its level of exposure, crypto enthusiasts are speculating that BAT’s price, may exceed its all-time high of $0.83, which occurred on the 7th of January.
It is also believed that BAT’s listing must have indirectly influenced Stellar Lumens (XLM), whose market value rose today by 5%. On July 13, Coinbase posted on their blog that it will be listed alongside the Basic Attention Token (BAT), Tokens like Cardano (ADA), Zcash (ZEC) and 0x (ZRX). On the other hand, the prices of the later tokens have been unaffected by the listing.

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