The Coinbase cryptocurrency exchange announced on Wednesday that it will be “sunsetting” the Coinbase Pro platform and migrating advanced trading features into one “unified Coinbase account” later in 2022.
According to a report by a local news outlet Estadão, Coinbase is planning to acquire Brazilan crypto-focused company 2TM, the owner and operator of Latin America’s largest cryptocurrency exchange Mercado Bitcoin.
Coinbase, a US-based publicly traded cryptocurrency exchange, released its business results for the last quarter of 2021 on Thursday. During last year’s final quarter, Coinbase reached several significant milestones and managed to beat the analyst estimates by a considerable margin. However, the company expects the growth to stall in Q1 2022.
According to a Wednesday announcement, Coinbase has opened up transfers for a series of three new tokens, including Aventus (AVT), Render Token (RNDR), and QuantStamp (QSP). As per the announcement, trading of new tokens will commence once the liquidity conditions are met.
Coinbase has expanded its repertoire of tradeable crypto assets by adding support for IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL), and SuperFarm (SUPER).
ASSEMBLE Protocol (ASM) price shows massive gains after listing on crypto exchange Coinbase. More so, this listing came after the Coinbase Pro listing. Following the listing, CEX and DEX platforms saw massive trading volumes peak above $500 million at their peak, followed by the listing on Gate.io, ranked as the 6th largest centralized exchange in the world.
Starting with September 29, Coinbase Pro has started offering Avalanche support on its cryptocurrency exchange platform aimed at active traders, according to a blog post. Trading will commence today, at 4:00 PM UTC, as long as the necessary liquidity requirements are met.