Home » Coinbase Launches Open Door Policy for All-New Crypto Listings

Coinbase Launches Open Door Policy for All-New Crypto Listings

by Hans Lipper
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Coinbase is a leading US-based cryptocurrency exchange that boasts of more than 35 million users across 100 countries. In an endeavor to onboard newer assets on its platform, Coinbase has announced an open-door policy through which newer projects can apply for being listed on the exchange.

Asset Hub service from Coinbase caters to new projects who want to be listed on Coinbase.

Coinbase Aims to List All Crypto Assets

Coinbase announced Asset Hub through which various projects can request to be listed on the exchange and easily monitor their application status. The leading crypto exchange intends to bring all the crypto tokens on its platter, and the launch of Asset Hub is a step forward towards its Open Door policy. Coinbase wants the issuers to know that it wants to work with them and thus launched Asset Hub, a streamlined product for the asset owners and issuers who want to do business with exchange and list their assets on it.

The exchange said  on Thursday Coinbase said that “Our directive is to list every compliant asset possible,”

With more than #320 billion traded in total volume, Coinbase is ever-growing its capabilities. It wants to onboard as many projects as it can. To start, Coinbase would use Asset Hub to streamline and accentuate its listing process and then eventually enhance the services. The firm intends to create a highly efficient and single interface where the asset issuers can easily manage their assets. Being listed on Coinbase is highly significant for any cryptocurrency token, as Coinbase is one of the most used and powerful exchanges having 35 million verified users.

While the exchange follows an open-door policy, it takes calculated decisions while listing any token.  Coinbase recently delisted XRP from its platform after the SEC lawsuit.   Coinbase said, ” We will continue to maintain a standard evaluation framework to ensure every asset we support meets “our standards for legal, compliance and technical security review,”

Currently, it is reviewing many tokens while it recently listed UNI,  Civic(CVC), Decentraland token(MANA), and DistrucOX(DNT) token. New projects can apply for listing through Asset hub and then go through a review process. They can get approval if complying with all the security and legal compliance parameters.

Disclaimer

The information discussed by The Coin Magazine is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Do your due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright The Coin Magazine All rights reserved.

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