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What criteria does GDAX consider when adding new coins?

avatarDenisa BaientNov 26, 2021 · 3 years ago3 answers

When GDAX considers adding new coins, what specific criteria do they take into account?

What criteria does GDAX consider when adding new coins?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    GDAX considers several criteria when adding new coins. These include the project's technical quality, team expertise, market demand, and compliance with regulatory requirements. They also evaluate the coin's liquidity, security, and stability. Additionally, GDAX takes into consideration the community support and overall reputation of the coin. By carefully assessing these factors, GDAX aims to provide a secure and reliable trading environment for its users.
  • avatarNov 26, 2021 · 3 years ago
    When GDAX decides to add new coins, they have a rigorous evaluation process. They look at factors such as the coin's technology, team background, market demand, and compliance with regulations. GDAX also considers the coin's liquidity, security, and stability. They want to ensure that the new coins they add meet high standards and provide value to their users. It's important for GDAX to maintain a trustworthy platform for cryptocurrency trading.
  • avatarNov 26, 2021 · 3 years ago
    When adding new coins, GDAX follows a thorough evaluation process. They assess the coin's technical aspects, team qualifications, market demand, and compliance with regulations. GDAX also considers the coin's liquidity, security measures, and stability. They aim to offer a diverse range of coins that meet the needs of their users. GDAX's commitment to quality and security sets them apart as a leading cryptocurrency exchange.