Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => EOS Forum => Topic started by: Goodcat49 on May 30, 2019, 10:42:01 PM
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Major United States-based cryptocurrency exchange and wallet service Coinbase has added support for EOS, according to a press release on May 30.
The new addition is reportedly available for trading and storage in most areas covered by Coinbase, with the exception of the United Kingdom and New York at press time.
The announcement also notes that there are no transaction fees associated with EOS; the cost is instead paid in computing resources, such as a tax on RAM, CPUs, or network bandwidth. Users that run the network also earn EOS by contributing to the computational power needed to run transactions.
EOS is one of the largest cryptocurrencies recently added to the exchange — with a market cap of over $8 billion — since Ripple’s token XRP was added in February. Coinbase also recently added support for two more tokens, stablecoins dai and USD Coin (USDC).
Earlier in May, Coinbase also expanded its global offerings, with announced trading support for over 50 new jurisdictions and an educational program with small crypto payments, Coinbase Earn, that is available in over 100 countries.
https://cointelegraph.com/news/coinbase-now-supports-cryptocurrency-token-eos
(https://images.cointelegraph.com/images/740_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS9zdG9yYWdlL3VwbG9hZHMvdmlldy9iNmFjMmEyZWVlNzg5MGFlNTc0OWU3ODk2NzQ5MTdhMy5qcGc=.jpg)
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This news should have a positive impact on the price of EOS, this is the case with all the coins that start trading on Coinbase. It seems that it has already grown a bit against the background of a general market decline.
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But in fact 2 days after listing on Coinbase EOS started to increase the price.
EOS also does not know what is done because EOS is actually a coin that is not centralized but indeed FOMO from Coinbase always gives the best.
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Welcome EOS and congratulations on joining Coinbase, have a nice day at Coinbase. LOL
Then after the news, the price of EOS slowly rose and the chart on the EOS green continued without control * I watched it on CoinAll *.
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A good news for the EOS community, especially when the Ethereum community is growing & increasing competition. Hope EOS will soon have sustainable development, release products as expected & achieve ATH this year.
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For sure that will have a positive impact on EOS, but will it gain more and more popularity thanks to a new project? More about support by CoinBase, you can read in the article: https:// blocktoq.com/eos-added-by-coinbase/
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It sounds like listing on Coinbase is on trend at the time being. EOS is undoubtedly a good coin. Listing on Coinbase for whatever reason is like a recognition to EOS. However I expect more from EOS after this milestone. The most advanced coin according to Weiss Rating should do more than just some cheap Dapp and exchange listing.
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This is a good news. EOS is a great coin and I believe it’s addition on Coinbase will go a long way to have a positive effect on it as it has it is already on a green light of late. Welcome to Coinbase EOS!
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A good news for the EOS community, especially when the Ethereum community is growing & increasing competition. Hope EOS will soon have sustainable development, release products as expected & achieve ATH this year.
But most of what was developed by EOS was only in-game, there was a smart contract and it had just been developed. The application from Ethereum was used a lot and Coinbase really liked Ethereum when compared to EOS because of the reason that Ethereum was first listed on Coinbase compared with EOS.