In line with a recent official blog post published, Coinbase exchange has revealed its support for Basic Attention Token [BAT] on its Coinbase Pro platform, however it’ll enable trading on the BAT/USD pair order book only if ample liquidity is established. Coinbase notes that BAT commerce are obtainable in most jurisdictions, apart from residents of the state of the state New York.
BAT isn’t presently obtainable on the exchange’s platform Coinbase.com and in its iOS along with the android applications.
According to the post, the Basic Attention Token [BAT] commerce would undergo four stages, that would include “transfer-only,” in which users would be able to transfer BAT into Coinbase Pro accounts, “post-only,” which would alter customers to post limit orders. The remaining 2 stages embrace “limit-only,” in which limit orders would begin matching, and therefore the final stage “full trading,” that would offer full access to trading services, limit, market along with stop orders.
Following Coinbase announcement, the price of Basic Attention Token [BAT] surged by over 20% on the day, reaching $0.315 USD. The altcoin’s capitalization is around $305 Mln, whereas its daily commerce volume is over $42 Mln. However at the time of reporting BAT token is currently trading at a price of around $0.296 USD which is 13.57% higher than yesterday.
Basic Attention Token [BAT] is a Ethereum-based token integrated with the blockchain-powered privacy-focused net browser ‘Brave’. Durings the ICO for Basic Attention Token [BAT], Brave was successfully able to raise around $35 Mln in just thirty seconds.
Earlier in October, Coinbase also launched trading for 0x [ZRX], creating it the first ERC-20 token obtainable for trade on its platform. Within the same month, the exchange additionally launched the primary USD stablecoin ‘USDC’ on the platform, in partnership with blockchain-powered payments technology company Circle.