Top Crypto Exchange Coinbase Adds Decentralized Public Network Altcoin To Its Listing Roadmap

Leading U.S. crypto exchange Coinbase has added another altcoin to its listing roadmap, putting the token on a path to listing on its burgeoning list of tradable digital assets.

Rival of Ethereum (ETH) and Hedera (HBAR) smart contract platform, which is designed for security and regulatory compliance, could potentially start trading on the exchange.

According to the project website, HBAR holders can use the token to pay network fees or use for staking.

HBAR is priced at $0.063 at the time of writing. The 41st-ranked crypto asset by market capitalization is down more than 8% in the past 24 hours and more than 25% from its August high of $0.084.

Coinbase established the roadmap this year to increase transparency and reduce the possibility of anticipating their listing announcements.

Earlier this month, Coinbase CEO Brian Armstrong said the exchange aims to list as many crypto assets as possible, as long as they meet company standards.

“It’s kind of like Amazon or something where a product might have three stars or five stars, but if it starts getting one star consistently, it’s probably fraudulent or faulty or something and maybe Amazon will remove it. If not, you want to let the market decide what these things are…

My belief is that there will be millions of these assets over time, so hopefully it won’t make the news every time we add one in the future, basically.

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Featured Image: Shutterstock/Zhedienks/Sensvector