Coinbase, the main exchange of cryptocurrency based in the United States, has expanded its offers by deciding to add commercial support for two altcoins: Bankcoin (BNKR) on the basic network and Treehouse (Tree) on the Ethereum (ETH) network.
Crypto lists stimulated a large market activity, the two tokens undergoing short -term price overvoltages after the Coinbase announcement.
BNKR and Tree Secure Coinbase list
According to the post of exchange on X (formerly Twitter), the BNKR trade should start around 9:00 am Pacific time (PT), July 30. Coinbase said that the launch of the BNKR-USD trading pair will occur in phases.
“Coinbase will add a Bankcoin (BNKR) management to the basic network. Do not send this active in other networks or your funds may be lost. Transfers for this asset are available on @coinbase @coinbaseexch in regions where trade is supported,” said post.
However, support for BNKR can be limited in certain regions, which means that certain jurisdictions may face restrictions on trading or access to assets.
The list followed BNKR’s inclusion on the roadmap on the Coinbase list, alongside Jito Jito Sod Sol (Jitosol) and Metaplex (MPLX). The two were listed on the exchange last week.
In addition, Coinbase revealed that the list of trees, with trading starting shortly after the initial announcement.
“Treehouse (Tree) is now live on Coinbase.com and in IOS & Android Coinbase Applications with the experimental label. Coinbase customers can connect to buy, sell, convert, send, receive or store these assets,” noted the exchange.
In particular, Coinbase has listed the tree under the “experimental label”, the potential signs of signaling associated with its price volatility or limited history. Meanwhile, the scholarship decision has had an impact on the prices of both altcoins.
Bankcoin experienced a spectacular price increase of 88%. The token quickly increased from $ 0,00050 to $ 0,00094, before settling at $ 0,00061. This reflected a gain of 20.8% at the time of the press.
Tree, an ERC-20 token, has increased more modest prices. Its value increased from $ 0.65 to $ 0.72, an increase of 10.77%. Nevertheless, he erased all these gains to negotiate $ 0.64, down 0.38% at the time of the editorial staff.
It should be noted that Tree is a new participant on the cryptography market. The token was launched yesterday and also managed to secure a list of binances.
In addition, he aroused significant attention and has become one of the highest tendency cryptos on Coingecko. The 24 -hour token trading volume was $ 334 million, indicating increased market activity.
Despite this, the token faced opposite winds. Since its launch, the price has decreased by around 43%. Nevertheless, this drop could be attributed to the pressure of the air card, a current event with new tokens. Many tokens have experienced similar difficulties after the paratroopers, as the influx of new holders leads to short -term sales.
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