Analysis

Top US Crypto Exchange Coinbase Rolls Out Trading for New Layer-1 Altcoin

Customers of high US crypto trade Coinbase can now purchase, promote and maintain the brand new token of the layer-1 blockchain and sensible contract platform ZetaChain (ZETA).

Coinbase says it’s rolling out help for the altcoin, which launched on February 1st, with the experimental asset label.

The trade provides this mark to tokens that pose sure dangers corresponding to value swings and canceled orders due to decrease buying and selling quantity and availability.

ZetaChain is a proof-of-stake blockchain designed to seamlessly allow completely different blockchain networks to speak and work together with one another. Says the workforce behind the community,

“ZetaChain goals to determine a brand new normal for blockchain interoperability the place customers can entry all of their belongings and knowledge from one pockets on a single platform, whatever the blockchain they have been created or saved on and with out the necessity for bridges or dangerous wrapped tokens. This contains non-smart contract chains just like the Bitcoin community and Dogecoin.”

Coinbase provides help for ZETA because the three-year-old blockchain declares the launch of the ZetaChain Mainnet Beta that connects Bitcoin (BTC), Ethereum (ETH) mainnet and BNB Chain.

“ZetaChain was began in 2021 with a mission to function a platform for common entry, simplicity, and utility throughout any blockchain. With over 1.8 million neighborhood members and 200+ companions, ZetaChain Mainnet Beta will permit ZetaChain to massively improve its impression on the blockchain neighborhood.”

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