The cryptocurrency exchange will start trading these crypto after 9AM Pacific Time (PT) Thursday, March 25, if liquidity conditions are met.
On Tuesday, March 23, cryptocurrency exchange Coinbase Pro announced support for three new tokens – Ankr (ANKR), Curve DAO Token (CRV) and Storj (STORJ). The announcement stated that users can start transferring these tokens to their accounts ahead of trading.
Thus, these tokens will be available for trading in all Coinbase supported jurisdictions. However, there’s a small caveat that CRV won’t be available for New York-based Coinbase users. The official announcement states:
“Starting immediately, we will begin accepting inbound transfers of ANKR, CRV and STORJto Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT) Thursday, March 25, if liquidity conditions are met”.
The different reading pairs that the crypto exchange will be supporting are ANKR-USD, ANKR-BTC, ANKR-EUR, ANKR-GBP, CRV-USD, CRV-BTC, CRV-EUR, CRV-GBP, STORJ-USD and STORJ-BTC.
About Ankr (ANKR), Curve DAO Token (CRV) and Storj (STORJ)
Ankr is a distributed computing platform helping blockchain developers to easily build and deploy different blockchain solutions in an affordable manner. ANKR is the platform native crypto token using which users can pay for the services used. There are different services hosted onto the Ankr platform like node deployment. Besides, the ANKR token also serves as an incentive for network participants.
The Curve DAO (CRV) is another Ethereum-based token that powers the decentralized exchange and automated market maker protocol Curve.fi. This protocol helps users to easily swap between similar ERC-20 tokens. It includes stablecoins like DAI and USDC as well as Ethereum-based Bitcoin tokens like WBTC and renBTC. The Curve.fi protocol also hosts pools of similar assets to minimize any impermanent loss. Furthermore, users can lock the CRV tokens for different time-periods up to 4 years. Thus, they can further vote on governance and claim the protocol fees as a reward.
Storj is another Ethereum-based decentralized token powering Tardigrade, a decentralized cloud storage network. Any file upgrades happening on Tardigrade are available to a global network of independent nodes. Thus, when any user requests a file, it gets recompiled securely and is ready for download. Tardigrade is thus revolutionizing decentralized file storage thereby reducing user dependency on centralized data storage centers. Users get rewarded in STORJ tokens for contributing resources to the network.
Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.
