Coinbase Announces Planned Listing of Tokens, Adds $NEST

On Monday, Coinbase, a leading American cryptocurrency exchange, announced that it would list six tokens on its system as a part of Coinbase’s “roadmap” for listing new tokens. Coinbase announces the listing of NEST. This is a popular Chinese oracle project in 2020, but since then it has a bad reputation and has nearly disappeared. Coinbase is an investor in its ecosystem. In addition, Celer Network and Stargate Finance are included in the listing plan. — Wu Blockchain (@WuBlockchain) July 26, 2022 Six Tokens Ready For Listing On Coinbase The exchange announced that it would list Raydium with five other currencies based on Ethereum: Celer Network, Nest Protocol, Stargate Finance, SuperRare, and TE-Food. According to Coinbase, the exchange may reverse moves to list them. Consequently, the trading platform advised prospective investors to hold off on making purchases or selling any tokens until they list the assets on the market. Before listing a cryptocurrency, Coinbase claimed that it does not consider the token’s market capitalization or popularity. Coinbase states that some conditions must be met before a token can be listed, including meeting its “standard for legal, compliance, and technological security.” The cryptocurrency exchange further stated that if a token does not match the conditions, it would not be listed. The absence of sufficient information on the asset is another factor that could prevent a token from being...