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Home Altcoin

Coinbase Launches Support for Low-Cap Altcoin on Retail Trading Platform

by Crypto News
October 23, 2021
in Altcoin
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Coinbase Launches Support for Low-Cap Altcoin on Retail Trading Platform
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A low-cap altcoin that has surged by greater than 160% this week is now obtainable throughout Coinbase’s full retail platform.

The highest US crypto alternate listed Meeting Protocol (ASM) on Coinbase Professional earlier this week and now permits prospects to commerce, ship and receive the crypto asset on the agency’s retail platform Coinbase.com and its iOS and Android functions.

 

Assemble Protocol is a worldwide blockchain-based reward level integration protocol that goals to match level suppliers, level customers, and retail retailers.

The protocol was created as a solution to clear up quite a lot of common problems related to buyer loyalty factors such because the dispersion of factors throughout a number of loyalty applications and the shortage of choices to redeem factors inside a validity interval.

Explains Assemble Protocol’s whitepaper,

“Customers can use their loyalty factors, with the identical perspective as they use money, in all places on the planet with none time or place restrictions, whereas corporations can increase their companies and entry various consumer swimming pools.”

Meeting Protocol’s native token ASM is buying and selling at $0.097 at time of writing, in accordance with CoinGecko. Regardless of its value surge after the Coinbase Professional itemizing on Wednesday, the Ethereum-based token has since pulled again practically 23% from its weekly excessive of $0.12.

ASM, the 521st-ranked asset by market cap, can also be nonetheless down greater than 85% from its all-time excessive of $0.645, which it hit in late April, in accordance with CoinMarketCap.

Coinbase’s chief government Brian Armstrong said this summer time that the alternate was hustling to checklist as many altcoins as doable.

“Reminder about how Coinbase lists belongings: our aim is to checklist *each* asset the place it’s authorized to take action.”

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Featured Picture: Shutterstock/Voger Design/Andy Chipus

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