Coinbase opens up EOS trading to all U.S. customers, except those in New York

Coinbase announced today that the EOS cryptocurrency will now be available to buy, sell, and trade for its retail customers across its many platforms, including Coinbase.com and its Android and iOS apps.

- Advertisement -

The San Francisco-based crypto exchange had previously opened up EOS trading against USD, EUR, and BTC strictly for its Coinbase Pro clients in April.

However, as with every recent addition to the Coinbase lineup of cryptos, its latest addition will not be available for trading in the state of New York or the United Kingdom—at least, not initially—due to local regulatory constraints.

Nevertheless, Coinbase has been actively expanding its coin offerings as of late.

Last week, Coinbase followed through on its previously announced plans to add the Ethereum-backed stablecoin DAI to its retail platform. The week before that the exchange expanded trading of Ripple’s token XRP to the Big Apple, presumably after hopping over whatever regulatory hurdles were preventing it from initially doing so.

Following the news, the price of XRP spiked some 24 percent—the XRP Army seemingly pleased that The Standard had gained ground.

So far, the price of EOS has not similarly responded to Coinbase opening up trading of the token. Currently priced at around $7.86 per coin, according to Messari’s OnChain FX, the price of EOS has actually gone down slightly since Coinbase first announced the news.

- Advertisement -

Where’s the EOS Army when you need it?

Source

Previous Articles:

- Advertisement -

Latest News

Burwick Law Seeks to Serve Ponzi Lawsuit via NFT to Dubai Developer

Burwick Law seeks to serve Dubai-based defendant Peter McInnes with an NFT as part...

Solana Jumps 5% on Rumors of Staking ETF Launch This Week

Solana surged by about 5% amid reports of a new staking exchange-traded fund (ETF)...

Europol Busts Crypto Fraud Ring Laundering €460M, Five Arrested

Law enforcement dismantled a cryptocurrency investment scam that stole $540 million from over 5,000...

Bank of America Sets $235 Price Target for Apple Stock by July

Apple stock opened at $201 after dropping nearly 10% in the second quarter of...

Chainlink Launches Automated Compliance Engine for Digital Assets

ChainLink introduced the Automated Compliance Engine (ACE) for digital asset compliance.The tool supports both...

Must Read

Top 10 BEST Crypto Trading Books for New Traders

If you're thinking of diving into the crypto trading space, acquiring solid knowledge isn't just recommended - it's essential to protect your investment.Learning...