4 new ERC-20 tokens are being added on Coinbase Pro

08 Dec, 2018 | Updated: 11 Dec, 2018
by David Borman
4 new ERC-20 tokens are being added on Coinbase Pro

Today, alongside other exciting Coinbase news, the exchange just announced on its blog that four new ERC-20 tokens will begin trading as of today on Coinbase Pro. This comes as Coinbase has announced a list of 30 other currencies being explored for the platform.

The ERC-20 tokens being listed are Civic (CVC), district0x (DNT), Loom Network (LOOM), and Decentraland (MANA). Coinbase explains in their blog why they are choosing to start with listing mainly ERC-20's:

"Our decision to add ERC20 tokens first is based on the relative ease of integrating the standard with our existing infrastructure, particularly from a security standpoint."

The coins listed have already gotten a small but noticable bump from the news, which comes as the market isn't looking great. The current bumps range from only a few percent for MANA to almost 25% for DNT. As these things tend to go however the gains from the news may be temporary.

In any event, new assets being listed is always an exciting time. Stick with Chepicap for all Coinbase listing announcements!

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