Order books for three lesser-known tokens, Ankr, Curve DAO (CRV) and Storj will open on Coinbase Pro this Thursday.
Inbound transfers for the three tokens are open now, with trading to commence at 9 AM Pacific Time (PT) on March 25, if liquidity conditions are met, Coinbase said in a blog post and on Twitter.
As usual, the new listings will start with post-only mode and will proceed to full trading when the metrics for the healthy market are met. Coinbase will post tweets announcing the stages separately, but it may keep the book in one state for a longer period or suspend trading.
The US popular exchange points out that the new coins will be accessible for users in most jurisdictions, but will not initially be available for residents of the state of New York.
Traditional Versus Direct to Wallet Bitcoin Payment GatewaysGo to article >>
Once the platform has received enough supply of each token, order books will open for ANKR, CRV and STORJ which are established on the platform, trading on ANKR-USD, ANKR-BTC, ANKR-EUR, ANKR-GBP, CRV-USD, CRV-BTC, CRV-EUR, CRV-GBP, STORJ-USD and STORJ-BTC, assuming liquidity is sufficient.
Each of the newly-listed tokens has garnered a lot of attention recently.
Storj is an open-source cloud storage platform that uses a decentralized network of nodes to host and secure user data using advanced encryption. Launched in 2014, the token was first introduced as the crypto version of Dropbox by creating an open market for participants to sell their available disk space.
The second listed assets, Ankr, is a similar concept that utilizes shared resources in order to provide affordable blockchain node hosting solutions.
Finally, Curve is the native DeFi token of a stablecoin exchange that uses an automated market maker (AMM) to manage liquidity. While many tokens waited years for a Coinbase listing, Curve has had its token added to the exchange’s Pro trading platform just a few months after launching.