Coinbase is one of the largest cryptocurrency exchange platforms in the world, so when they announce the addition of new cryptocurrencies the price tends to spike considerably. Today we received information that an apparent error on the Coinbase app, was showing an additional 45 cryptocurrencies displayed in the price list.
Coinbase have recently announced their plans to add custody support for "40 cryptocurrencies", including, XRP, NEO, Ontology and many other major cryptocurrencies. Coinbase is one of the largest cryptocurrency exchange platforms in the world. They currently support Bitcoin, Bitcoin Cash, Ethereum and Litecoin, with upcoming assort for Ethereum Classic. Well now Coinbase custody are planning support for 40 cryptocurrencies on top of this.
It is worth noting the 45 additional crptocurrencies on the Coinbase app were listed below the usual 5 cryptocurrencies which are tradable, as well as a title saying "not available on Coinbase".
The screenshots below all of the cryptocurrencies which were listed:
As you can see all of the different cryptocurrencies are showing on the Coinbase app, when they are clicked on it displays a chart, but again reminds you that "this asset is not supported by Coinbase"
The full list of cryptocurrencies showing on the Coinbase app via this error are:
Ripple's XRP (XRP)
EOS (EOS)
Steller (XLM)
Tether (USDT)
Cardano (ADA)
Monero (XMR)
IOTA (MIOTA)
Dash (DASH)
Tron (TRX)
NEO (NEO)
Binance Coin (BNB)
NEM (XEM)
VeChain (VET)
Tezos (XTZ)
ZCASH (ZEC)
OmiseGo (OMG)
Dogecoin (DOGE)
Bitcoin Diamond (BCD)
Lisk (LSK)
Bytecoin (BCN)
Ontology (ONT)
0x (ZRX)
QTUM (QTUM)
NANO (NANO)
Bitcoin Gold (BTG)
Decred (DCR)
ICON (ICX)
DigiByte (DGB)
Maker (MKR)
BitShares (BTS)
Steem (STEEM)
Aeternity (AE)
Verge (XVG)
Siacoin (SC)
Waves (WAVES)
Basic Attention Token (BAT)
Pundi X (NXPS)
Augur (REP)
Bytom (BTM)
Stratis (STRAT)
Waltonchain (WTC)
Metaverse ETP (ETP)
Populous (PPT)
Golem (GNT)
Coinbase planning support for 40 cryptocurrencies.
Coinbase announced a few months back that they were "planning support for 40 cryptocurrencies". The most notable digital assets Coinbase were planning support for were; Dash, NEO, VeChain, Monero, EOS, XRP, Nano, Ontology and QTUM with the full list below.
Most of the tokens above were showing on Coinbase during the glitch along with a few additional digital tokens.
Compared with all the other cryptocurrency exchanges Coinbase has arguably the lowest amount of digital assets available to its users, however, they still boats one of the largest user bases compared with their competitors. Should Coinbase add support for an additional 45 cryptocurrencies via their custody service, this may lead to addition of the same currencies to their other platforms. Such as the standard exchange or Coinbase Pro. Although this is not guaranteed as Coinbase have announced their custody service is likely to hold more funds than their other trading platforms.
Coinbase Custody is a custodial service for institutional clients optimized for storing large amounts of cryptocurrency in a highly secure way. As we’ve stated before, Coinbase Custody will likely support more assets than those available to trade through other Coinbase products.
A Coinbase spokesperson declined to provide a specific timeframe for when exactly the additional digital assets will be available. The company also says plans to add all 40 of the assets are not guaranteed, they are simply exploring the option of these set assets.