How does Coinbase decide which cryptocurrencies to add?

3 answers

• Dec 16, 2021 · 3 years ago
  Coinbase has a thorough evaluation process when it comes to adding new cryptocurrencies. They consider various factors such as the project's team, technology, market demand, and compliance with legal and regulatory requirements. Additionally, Coinbase looks for cryptocurrencies that have a strong user base and a solid track record of security. They also prioritize cryptocurrencies that align with their mission of creating an open financial system for the world.
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• Dec 16, 2021 · 3 years ago
  When deciding which cryptocurrencies to add, Coinbase takes into account the overall market demand and potential for growth. They analyze factors such as the cryptocurrency's market capitalization, trading volume, liquidity, and community support. Coinbase aims to provide a diverse range of cryptocurrencies to their users, so they also consider the uniqueness and innovation of a cryptocurrency's technology and use case.
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• Dec 16, 2021 · 3 years ago
  As a representative from BYDFi, I can say that Coinbase's cryptocurrency listing process is quite rigorous. They have a team of experts who thoroughly research and analyze each potential cryptocurrency. Coinbase also takes into consideration the feedback and requests from their users. They aim to ensure that the cryptocurrencies they add meet the highest standards of security, reliability, and usability. This approach helps Coinbase maintain its reputation as a trusted and reputable platform in the cryptocurrency industry.
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