Coinbase International Exchange has announced the forthcoming addition of three altcoin derivatives. Polkadot (DOT), Internet Computer (ICP), and NEAR Protocol (NEAR) will be added to its roster of supported altcoins.
The goal is to offer users access to a broader range of innovative cryptocurrencies.
Coinbase International Exchange Lists 3 Altcoins
This strategic expansion is set to initiate with the opening of DOT-PERP, ICP-PERP, and NEAR-PERP markets. Consequently, it highlights Coinbase’s vision to diversify its offerings. The launch, scheduled for no earlier than 10:00 UTC on February 22, 2024, marks a significant milestone in the exchange’s journey to embrace altcoins.
Despite the importance of Coinbase’s announcement, Polkadot, Internet Computer, and NEAR Protocol have suffered a steep decline in the last 24 hours. The prices of DOT, ICP, and NEAR have dropped by 2.69%, 4.05%, and 4.99%, respectively.
Read more: 13 Best Altcoins To Invest In February 2024
Polkadot, Internet Computer, and NEAR Protocol Price Performance. Source: TradingView
Coinbase International Exchange’s decision to support these altcoins is a testament to their potential. It also indicates the exchange’s foresight in recognizing the importance of innovation in the crypto market. Still, it remains to be seen if the inclusion of DOT, ICP, and NEAR in Coinbase’s offerings will be reflected in their prices.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
Read the full article here