Topic: Coinbase has just announced that they are going to support ERC-20 assets - page 2. (Read 417 times)

Oh well, usually exchanges announced some innovation without any ETA so I'm not surprised at all. I still remember other exchanges saying that they are going to batch withdrawals to ease the network clogged as we all know that they are one of the major reasons what bitcoin's network is heavily traffic, however, the network spammer stop, so I don't know if indeed exchanges are doing batching already. I don't know if this is a good moved by Coinbase because there are other platforms who are already listing shitcoins so I don't know what motivates to do such move.

The volume of trading in Coinbase is huge so expect for the price of eth to soar high though Coinbase is not available in some country and also maybe only good ERC20 token can be listed there so lucky to those coins who are able to passed the requirements

But coinbase is not available in all the countries so it doesn't make any significant growth in the ERC20 market but if they can extent their exchange to the all countries then it maybe very good for the people who related to the crypto currency because in coinbase exchange we can trade the crypto currencies easily.

Yeah. At least, this is going to give some ERC20 tokens to have a wider space to evolve in the current market with the way things are going.

With coinbase listing some of them, I believe it would sprout some growth for the ERC20 market and even for Ethereum as well. This gives room for some coinbase users and probably US based investors to have access into buying some of those tokens, and knowing that coinbase will actually be picky with the tokens they are going to be listing based on US regulations, we may actually see any token listed to get some good growth.

etherdelta already lists the rubbish tokens that nobody wants. Do not see point of coinbase listing them.

GREAT NEWS, if this will be true and will be open soon.
COINBASE will make a history, they will be one of the biggest exchange with ERC20.
But i hope they will open the exchange worldwide.

I also hope we won't start seeing the very shit coins flying here and there since coinbase will be listing them. Proper regulation and scrutiny should be put in place.

I dont think they would easily accept those tokens even they are erc20 tokens to be put up on the site itself.There would really be always a criteria for sure for them to be followed since we do know coinbase when it comes to regulations and laws they are following it up. Im sure they are really fully aware into those shit erc20 tokens in the market. This is a real news i dont know why some people do said its a fake one.

You do not need to worry about it mate. This news real one bro, I am the user of coinbase wallet for long time and got the email from the team states they gonna accept the ERC20 as a asset in their exchanges bro.
Simply ignore the fake news all the time but this one trustable news only so do not think regulations will work better here.

Yup they didn't gave an specific time when they will start accepting ERC20 tokens.

I think that coinbase doesn't support most of the ICOs and they are only going to accept those coins that they filtered and agreed upon their entire management.

This announcement from coinbase's blog has been also abused and being used by some coins to hype themselves.

Far from whether this news is real or not, this will represent more support for ICOs and shit-coins, and it shows the interest of coin by collecting money rather than providing excellent service to customers away from all this pumping for a number of no use cryptocurrency.
I hope that a market regulation will happen to finish all this nonsense

This is a good news for ERC-20 assets. This is crypto Getting to a new hight once this is implemented.

does it mean it will also support those scammy coins that airdrops and campaign bounty gave? this will be great for someone to liquidate those shitty coins.

It's been 2 months already since they announced about their intention, but we haven't heard anything from them about the progress. Since there's no ETA, we can't expect and just patiently wait. I guess they will make an update/announcement when it's already done.

Very big exchange, this is a great news and will see etheruem to the moon very soon. It will also contribute to the growth of existing ERC enabled coin. The trading volume for coinbase will also increase.

Once it says like rumours spreading on the forum and elsewhere but today it shows that it is the truth in the marketplace value. I would like to use the coinbase exchange but they do not have the option to use for my country.
Actually today coinbase confirms that they will having the option to utilise the ERC 20 tokens on their exchange. It will be work perfectly.

The day CoinBase start adding Erc20 tokens then we can expect new price hike for Etherum based smart contract tokens and market expansion will be huge

This is great news!

Coinbase will open up a whole new market for ERC-20 assets adding more value to the entire Ethereum ecosystem

Adding ERC20 Support to Coinbase

We’re excited to announce our intention to support the Ethereum ERC20 technical standard for Coinbase in the coming months. This paves the way for supporting ERC20 assets across Coinbase products in the future, though we aren’t announcing support for any specific assets or features at this time. We are announcing this both internally and to the public as consistent with our process for adding new assets.

ERC20 is a technical standard used for Ethereum smart contracts. ERC20 assets have become a popular way for teams to quickly build interoperable contracts/assets. More recently, our Ethereum wallet and Dapp browser Toshi added native support for ERC20.

What ERC20 support means for our products

Coinbase Custody — the Custody team is evaluating a set of assets to support for deposits and withdrawals. Note: Custody will likely support more assets than those available to trade on GDAX or Coinbase for the foreseeable future.

GDAX — the GDAX team will wait for additional regulatory clarity before we decide which ERC20 assets to support on GDAX. Support for ERC20 will also give us a path to enabling the safe recovery of customer ERC20 assets inadvertently sent to GDAX Ethereum addresses.

Coinbase Asset Management — per the index methodology, any asset listed on GDAX will be added to the Coinbase Index on a market capitalization weighted basis.

Coinbase — per our previous guidance, Coinbase will only list assets after they are listed on GDAX. After evaluating factors such as liquidity, price stability, and other market health metrics, we may choose to add any ERC20 asset added to GDAX to the Coinbase platform. It’s also worth repeating that GDAX will likely have more assets listed on the platform than the Coinbase platform, i.e. listing on GDAX does not guarantee listing on Coinbase.

Additionally, like GDAX, support for ERC20 will also give us a path to enabling the safe recovery customer ERC20 assets inadvertently sent to Coinbase Ethereum addresses.

Coinbase Commerce — no planned ERC20 support at this time.

https://blog.coinbase.com/adding-erc20-support-to-coinbase-fe9cba6782b