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Coinbase now supports EOS cryptocurrency for its private customers.
The exchange announced in a blog post posted on May 30 that the option would be available on Coinbase.com and its Android and iOS applications, allowing users to buy, sell, convert , send, receive or simply store EOS. The token was added to its Pro platform in April.
The EOS option is now available to customers in "most" countries served by Coinbase, but the United Kingdom and the US state of New York are not included initially. "Additional jurisdictions could be added at a later date," the company said.
In the post, Coinbase describes EOS in these terms:
"EOS is a cryptocurrency designed to support large-scale decentralized applications. There is no charge to send or receive EOS. Instead, the protocol requires that EOS uses resources such as RAM, CPU, and network bandwidth. It also rewards entities that periodically operate the network with the new EOS, effectively replacing inflation with transaction fees. "
The addition of the token comes after Coinbase announced last September that it would add new cryptographic currencies more quickly, by launching at the time a new process for referencing cryptographic badets.
In December, he published a list of 30 badets that he planned to list in the future, including EOS. This stems from a new policy of revealing future listings well before the launch, in order to avoid insider trading charges, as happened at the time of the launch. added bitcoins in November.
According to the data of CoinMarketCap, EOS has seen a rise in prices in recent days, although this seems to be in line with the market movements of the main crypto-currencies. There have also been rumors that EOS developer Block.One could announce important news on June 1 st.
At the time of writing, EOS is trading at $ 7.66, down 5.3% in the last 24 hours.
Picture of Coinbase via Shutterstock
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