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Coinbase Launches Support for Low-Cap Altcoin on Retail Trading Platform

10/23/2021
in Altcoins
Coinbase Launches Support for Low-Cap Altcoin on Retail Trading Platform
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A low-cap altcoin that has surged by greater than 160% this week is now accessible throughout Coinbase’s full retail platform.

The highest US crypto trade listed Meeting Protocol (ASM) on Coinbase Professional earlier this week and now permits prospects to commerce, ship and receive the crypto asset on the agency’s retail platform Coinbase.com and its iOS and Android purposes.

 

Assemble Protocol is a world blockchain-based reward level integration protocol that goals to match level suppliers, level shoppers, and retail retailers.

The protocol was created as a approach to resolve a variety of common problems related to buyer loyalty factors such because the dispersion of factors throughout a number of loyalty packages and the shortage of choices to redeem factors inside a validity interval.

Explains Assemble Protocol’s whitepaper,

“Customers can use their loyalty factors, with the similar perspective as they use money, in every single place on the planet with none time or place restrictions, whereas corporations can broaden their companies and entry various person swimming pools.”

Meeting Protocol’s native token ASM is buying and selling at $0.097 at time of writing, in accordance with CoinGecko. Regardless of its worth surge after the Coinbase Professional itemizing on Wednesday, the Ethereum-based token has since pulled again practically 23% from its weekly excessive of $0.12.

ASM, the 521st-ranked asset by market cap, can be nonetheless down greater than 85% from its all-time excessive of $0.645, which it hit in late April, in accordance with CoinMarketCap.

Coinbase’s chief govt Brian Armstrong said this summer season that the trade was hustling to checklist as many altcoins as potential.

“Reminder about how Coinbase lists property: our aim is to checklist *each* asset the place it’s authorized to take action.”

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Coinbase Launches Support for Low-Cap Altcoin on Retail Trading Platform

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Featured Picture: Shutterstock/Voger Design/Andy Chipus

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