Coinbase announces listing of COVAL, 6 other tokens
Coinbase Pro, the largest crypto exchange in North America announced Monday that it has listed seven new cryptocurrencies as part of its broader strategy to offer as many crypto tokens as possible.
The new crypto assets are Circuits of Value (COVAL), IDEX (IDEX), Moss Carbon Credit (MCO2), Polkastarter (POLS), ShapeShift FOX Token (FOX), Spell Token (SPELL), SuperFarm (SUPER). The exchange has started accepting deposits and will begin outbound transactions from December 7, 09:00 AM PT.
Coinbase has offered the following trading pairs: COVAL-USD, COVAL-USDT, IDEX-USD, IDEX-USDT, MCO2-USD, MCO2-USDT, POLS-USD, POLS-USDT, FOX-USD, FOX-USDT, SPELL-USD, SPELL-USDT, SUPER-USD, and SUPER-USDT.
Since the announcement, Circuits of Value is seeing significant price movements, rising by more than 337% in the last 24 hours. The token saw a massive jump from $0.01955 to $0.1293 in less than an hour. At press time, COVAL was trading at $0.07601.
Circuits of value is a platform that allows users to turn Ethereum (ETH), ERC-20, and NFT tokens into a single, tradable token called a Vault. COVAL tokens are used as rewards to liquidity providers.
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OhNoCryptocurrency via https://www.ohnocrypto.com/ @Gauri Bhatia, @Khareem Sudlow