Coinbase will list 1 inch, Enjin, NKN and origin token

Coinbase will list 1 inch, Enjin, NKN and origin token

Order books are expected to launch in three phases: post-only, limit-only, and full trading. “If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules,” reads the announcement.  Once a sufficient supply of 1INCH, ENJ, NKN, and OGN is established, all of these altcoins will be available for trading against Bitcoin, the U.S. dollar, the Euro, and the British Pound. Coinbase has gone on a listing spree ahead of its direct listing on the Nasdaq Global Select Market on Apr. 14, 2021. Most recently, the San Francisco-based cryptocurrency exchange added trading support for ANKR, CRV, STORJ, and Cardano (ADA), among many others. 

Coinbase Listing Spree Accelerates Coinbase has announced that it will list four new cryptocurrencies for trading: 1inch, Enjin Coin, NKN, and Origin Token.

In a recent blog post, Coinbase Pro announced that starting today, Apr. 7, users will be able to transfer 1inch, Enjin Coin, NKN, and Origin Token to their respective accounts. Trading will begin after two days, on Apr. 9, if “liquidity conditions are met.” Share this article

This news was brought to you by Phemex, our preferred Derivatives Partner.
Share this article Disclosure: At the time of writing, this author owned Bitcoin and Ethereum.

At the time of writing, each altcoin’s price surged by more than 20%, 30%, 80%, and 35%, respectively. Even though more gains can be expected, it is worth noting that insiders who bought in earlier might dump their holdings on unaware retail investors. Since the announcement was made, 1inch, Enjin Coin, NKN, and Origin Token have witnessed a massive price spike and become the latest beneficiaries of the well-known “Coinbase Effect.”

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