Crypto Giant Coinbase Lists Ethereum-Based Exchange Altcoin on Retail Trading Platform – The Daily Hodl

crypto-giant-coinbase-lists-ethereum-based-exchange-altcoin-on-retail-trading-platform-–-the-daily-hodl

Another Ethereum-based exchange altcoin is now available across crypto giant Coinbase’s full retail platform.

Coinbase’s customers can now buy, sell and store Voyager Token (VGX), the native token of centralized exchange Voyager, on Coinbase.com and the exchange’s mobile apps, according to a new announcement from the company.

Coinbase Pro listed VGX on Wednesday. The crypto asset is up 41% in the past seven days but down nearly 10% in the past 24 hours. It’s trading at $3.83 at time of writing, down from a weekly high of $4.29, which it hit earlier in the day on Friday.

Voyager says that VGX is a liquid token that provides utility across its platform. Participants can earn interest by staking VGX or using the token to enable instant transactions, receive fee discounts and earn rewards for trading.

Voyager itself is a mobile broker that supports the trading of more than 60 crypto assets.

Coinbase added support for VGX amid a flurry of new altcoin listings on Coinbase Pro. The exchange’s chief executive, Brian Armstrong, noted in July that they plan to list as many altcoins as possible.

“Reminder about how Coinbase lists assets: our goal is to list *every* asset where it is legal to do so.”

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Kit8.net

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About the Author: Kate