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Home»Analysis»Top US Crypto Exchange Coinbase Introduces Trading for New Layer-1 Altcoin
Analysis

Top US Crypto Exchange Coinbase Introduces Trading for New Layer-1 Altcoin

2024-02-03No Comments2 Mins Read
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Users of US crypto exchange Coinbase can now buy, sell and hold the new token from layer-1 blockchain and smart contract platform ZetaChain (ZETA).

Coin base say it is rolling out support for the altcoin, which launched on February 1, with the experimental asset label.

The exchange gives this mark to tokens that carry certain risks such as price fluctuations and canceled orders due to lower trading volume and availability.

ZetaChain is a proof-of-stake blockchain designed to allow different blockchain networks to communicate and interact with each other seamlessly. Say the team behind the network,

“ZetaChain aims to establish a new standard for blockchain interoperability, where users can access all their assets and data from a single wallet on a single platform, regardless of the blockchain on which they are created or stored and without the need for bridges or risky tokens. This includes non-smart contract chains such as the Bitcoin network and Dogecoin.”

Coinbase adds support for ZETA as the three-year-old blockchain announces the launch of the ZetaChain Mainnet Beta connecting Bitcoin (BTC), Ethereum (ETH) mainnet and BNB Chain.

“ZetaChain launched in 2021 with a mission to serve as a platform for universal access, simplicity and usability across any blockchain. With over 1.8 million community members and more than 200 partners, ZetaChain Mainnet Beta will enable ZetaChain to vastly increase its impact on the blockchain community.”

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