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The stellar cryptocurrency has completed its Coinbase deployment after registering on the retail retail brokerage platform Coinbase.com.
Stellar goes live on Coinbase.com and mobile applications
US-based crypto-exchange announced a few minutes ago that stellar was now available on the Coinbase website and on mobile applications, about five days after cryptocurrency. launched on Coinbase Pro order book exchange.
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Cryptocurrency is now available on Coinbase.com and the company's mobile apps. | Source: Coinbase / Twitter
Stellar Price makes a noticeable leap just before the announcement
The stellar price made a small but notable jump in the hours leading up to the announcement of Coinbase. Shortly after 11:30 UTC, XLM was trading at a world average of $ 0.109, according to CoinMarketCap. At 1 pm, the XLM had reached $ 0.113 and the trade was continuing at the time of writing.
The stellar price made a small but notable jump in the hours leading up to the announcement of Coinbase. | Source: CoinMarketCap
The 3.7% jump would normally attract little attention, but it should be noted that Coinbase has been accused of insider trading related to its cryptographic chip launches, particularly the management of the Bitcoin liquidity list which is being produced at the height of the encryption boom in 2017. have found no evidence that its employees had violated company policy by negotiating the announcement in advance.
Nevertheless, Coinbase has changed its registration process following this scandal to be more transparent. Among other things, the company published an article in December 2018 informing users that it was "exploring" stellar support and more than two dozen other cryptocurrencies.
These movements, as well as the growing number of crypto-currencies now available in society, seem to have helped to mitigate the so-called "Coinbase effect" which caused badet prices to rise or even to rumor. their registration at the crypto-stock exchange.
There is no evidence that the moment of the rebound of today's XLM is anything but a coincidence. Although it is minor, it is hard to ignore the leap forward in price, especially in relation to the uniform prices in the larger set of the large-cap cryptocurrency index.
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