Coinbase listed 83 assets in 2021 | Bitcointalksearch.org

jaberwock

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Quote from: Abiky on December 30, 2021, 07:50:03 AM

It's all about greed these days, so any coin that's extremely popular (even if it's a "shitcoin") will certainly gain the attention of big exchanges like Coinbase and Binance. For an exchange that used to have strict listing requirements, I'd say Coinbase has changed a lot over the years. It looks like Binance is eating all of Coinbase's "candies", as it continues to expand its operations worldwide. Coinbase wants to stay ahead of the game, so it will list as much altcoins as possible in order to prevent Binance from taking over the industry at its entirety. The fact that Coinbase added "SHIBA" as a new trading pair on its platform, tells us how desperate the company is on getting a piece of the pie.

You do have a good point on this. It’s quite possible that the reason why coinbase.com has been doing all these is because they are just trying to keep up with the pace. They now see binance.com as a competition and want them to take away all their customers, by having so many coins listed on their platforms. So, they are just adding more and more coins, even the ones that are necessary, on their platform, to be able to keep up.

The Coinbase that I know before usually don’t list so many coins on their platform, they only just provide readers with a few options on their platform, but now they are just listing almost every new coin that is trending in the market. I was even surprised that they listed Shiba Inu on their platform when it was announced on the news. I don’t even see the need of following these trends, because some of these coins usually end up useless.

SquallLeonhart

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Quote from: Abiky on December 30, 2021, 07:50:03 AM

It's all about greed these days, so any coin that's extremely popular (even if it's a "shitcoin") will certainly gain the attention of big exchanges like Coinbase and Binance. For an exchange that used to have strict listing requirements, I'd say Coinbase has changed a lot over the years. It looks like Binance is eating all of Coinbase's "candies", as it continues to expand its operations worldwide. Coinbase wants to stay ahead of the game, so it will list as much altcoins as possible in order to prevent Binance from taking over the industry at its entirety. The fact that Coinbase added "SHIBA" as a new trading pair on its platform, tells us how desperate the company is on getting a piece of the pie.

Well, I am also considering that all of this "going public" stuff changed a bit of things as well. There is a bit of a situation where people ended up wanting more and more profits from the stocks they buy and Coinbase used to only care about their own profits and how much they made, and now they have to care about how much their shareholders end up making as well.

I can't be sure that this is the main reason, but it is clear that since they went public (and a bit before that so all of 2021 nearly) they realized that in order to make a lot more money and in order to increase their total networth, they need to have a bigger profit results. This resulted with them getting that listing requirement a lot lower, listed all the shitcoins that had good volume. As long as a coin has good volume, it means Coinbase could make a good profit from it and so will the shareholders.

Abiky

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Quote from: flip4flop on December 21, 2021, 08:01:29 PM

My issue with Coinbase and a lot of the exchanges is that they listed quite a few obvious pump and dump coins simply because they either were paid a lot by the team or they knew the trading fees they would rake in would be worth it. While I understand this to a point I would much rather see things like Helium and some of the DEX tokens like JOE get listed as they have legitimate uses and help increase liquidity

It's all about greed these days, so any coin that's extremely popular (even if it's a "shitcoin") will certainly gain the attention of big exchanges like Coinbase and Binance. For an exchange that used to have strict listing requirements, I'd say Coinbase has changed a lot over the years. It looks like Binance is eating all of Coinbase's "candies", as it continues to expand its operations worldwide. Coinbase wants to stay ahead of the game, so it will list as much altcoins as possible in order to prevent Binance from taking over the industry at its entirety. The fact that Coinbase added "SHIBA" as a new trading pair on its platform, tells us how desperate the company is on getting a piece of the pie.

Crypto was never about centralization, so these types of exchanges greatly defeat its purpose. It's like returning to the era of banking if you ask me. What we should focus is on improving DEXs in order to beat centralized exchanges for good. Only then, Satoshi's vision will be fulfilled. As long as people continue to patronize centralized exchanges like Coinbase, the industry won't be going anywhere. Who knows how everything will look like in the future as centralized exchanges take over the entire industry? Just my thoughts Grin

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Quote from: flip4flop on December 21, 2021, 08:01:29 PM

My issue with Coinbase and a lot of the exchanges is that they listed quite a few obvious pump and dump coins simply because they either were paid a lot by the team or they knew the trading fees they would rake in would be worth it. While I understand this to a point I would much rather see things like Helium and some of the DEX tokens like JOE get listed as they have legitimate uses and help increase liquidity

Coinbase wasn’t the type of exchange that would go kind of rampant like this on their listing of coins, they hardly listed coins and just had a few tradable assets on their exchange. I was quite surprised that they listed quite a lot of coins this year. I would see a coin kind of getting hyped and the next thing I would know, it is already listed on Coinbase and I’m like ‘what?’.

A lot of those coins lost value, and they were just coins that were getting hyped only and nothing much apart form that. Although it is not bad that they tried to expand their lists of coins to make more available for trading for traders who would want to be making use of their exchange.

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Hype NFT,Memecoin and Metaverse I think make Cex exchange want to get more profit from trading transactions made by traders, we can see list of new coins listing like SHIB on Binance exchange, some investors will choose safe exchange to trade, because apart from being safe, the exchange has a high trading volume with a large amount of liquidity I think it's good.

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Quote from: Tellek Garing on December 20, 2021, 06:40:49 AM

Coinbase is one of the world-leading exchanges has recorded the highest number of listing in 2021 as the exchange has a total of 139 tradable assets, which indicates a high volume of listing in this year 2021. This boom in the listing is traceable to the rise of new projects and platforms such as NFTs, Defi, and the metaverse which have made the entire cryptocurrency market increase in its demands and usability.
Ink: https://cointelegraph.com/news/listing-frenzy-coinbase-adds-nearly-100-crypto-assets-for-trading-in-2021

And Coinbase has also officially listed itself on the US stock exchange on Nasdaq with the ticker "COIN" on April 14, 2021 and this is proof that Coinbase is one of the cryptocurrency exchange platforms that is worth fighting for and trusting.

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Quote from: Wiwo on December 21, 2021, 10:39:25 AM

The year 2021 have witnessed the inflow of new projects and development and more and more project are getting listed on exchange coinbase as one of the leading exchange have hard high number in it listing.
Just like others stated am more interested in is the performance of those new coins in the market.

At first the performance of new coins in the market is always very good and good because they all also want to have developments like the old coins that were already on the market but this is certainly not always good because there are times when the performance is no longer good.

flip4flop

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My issue with Coinbase and a lot of the exchanges is that they listed quite a few obvious pump and dump coins simply because they either were paid a lot by the team or they knew the trading fees they would rake in would be worth it. While I understand this to a point I would much rather see things like Helium and some of the DEX tokens like JOE get listed as they have legitimate uses and help increase liquidity

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Quote from: MrcMrc on December 20, 2021, 10:15:54 AM

Most of the newly listed coins on counbase at the moment are performing but I don't think the exchange care about that part so long as their make money from fees on the exchange their business is moving well whatever happens to those listed coins on the exchange is not the business.

Really? I think coinbase is one of the prime exchange, though its centralized, people believed that when a coin/token got listed with this exchange that is a good or has potential project and so far they only list potential coins that are heavily full pack. Actually, even shitcoin like shib token got listed means they also concern about the volume if the project is highly in demand or has been traded across multiple exchanges.

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I remember the coinbase exchange was one of the good exchange because its having only reputed coins in their listing but now everything changed probably due to the more competition in the exchange sector which is nothing wrong but never invest on any coin because it was listed on coinbase or other popular exchanges.

Lanatsa

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Quote from: aces777 on December 20, 2021, 08:43:56 AM

Does anyone have an analysis of what newly listed Coinbase coins do? It might be an interesting thing to look at, just check whats newly listed and see if it goes up.

Doesn't really matter much because getting listed on an exchange platforms doesn't automatically means that it would pump its price.It would really be varying because most of the time the pump would

happen before the news or before being getting listed which it is understandable that once its gets listed it would really dump its price which is really a very common behavior.

For Coinbase listing out 83 assets in 2021 alone then its not surprising.They would be needing liquidity for them to add up in revenue.

mksundip

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Quote from: Tellek Garing on December 20, 2021, 06:40:49 AM

Coinbase is one of the world-leading exchanges has recorded the highest number of listing in 2021 as the exchange has a total of 139 tradable assets, which indicates a high volume of listing in this year 2021. This boom in the listing is traceable to the rise of new projects and platforms such as NFTs, Defi, and the metaverse which have made the entire cryptocurrency market increase in its demands and usability.
Ink: https://cointelegraph.com/news/listing-frenzy-coinbase-adds-nearly-100-crypto-assets-for-trading-in-2021

coinbase being a referral exchange for new coins to be listed is very reasonable. look at the level of trust coinbase including from the 4 exchanges that have the most licenses in the world there are about 40 licenses in the US. This makes coins listed on Coinbase must have a lot of rules and obey Coinbase.

el kaka22

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Quote from: Jackl87 on December 21, 2021, 08:44:48 AM

If they have added 83 assets to their exchange for trade and they now have 139 tradeable assets in total then this was really a massive growth in the last year as the number more than doubled in this short period of time. As others already mentioned in here they kind of had to do that and they even added some meme coins to their portfolio and i would guess that they did not want to add such sh*t coins but they had such a high volume at times that they just could not miss out on those trading fees.

This is what people are missing whenever they see a coin get listed at a good place. Those places doesn't have stamp of approval for these coins saying that they are "good", they just look at the trading volume and want to make profit from those coins. It could be as bad as it gets, it could be the worst shitcoin but as long as there is money to be made for Coinbase then they will list it.

This is why I have to say that just because they listed those shitcoins doesn't mean that they are supporting those coins neither. With the addition of staking and all, there is a good chance they might even use your deposits to make a profit as well from staking, while your amount stays the same, they are making extra income from it.

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The year 2021 have witnessed the inflow of new projects and development and more and more project are getting listed on exchange coinbase as one of the leading exchange have hard high number in it listing.
Just like others stated am more interested in is the performance of those new coins in the market.

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Quote from: aces777 on December 20, 2021, 08:43:56 AM

Does anyone have an analysis of what newly listed Coinbase coins do? It might be an interesting thing to look at, just check whats newly listed and see if it goes up.

some did experience an increase in size which is still very small but in general it is a very good thing for any newly listed coin as it is a very much awaited start by the coin developers to see how far the enthusiasts can grow for their coin

Jackl87

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Quote from: Tellek Garing on December 20, 2021, 06:40:49 AM

Coinbase is one of the world-leading exchanges has recorded the highest number of listing in 2021 as the exchange has a total of 139 tradable assets, which indicates a high volume of listing in this year 2021. This boom in the listing is traceable to the rise of new projects and platforms such as NFTs, Defi, and the metaverse which have made the entire cryptocurrency market increase in its demands and usability.
Ink: https://cointelegraph.com/news/listing-frenzy-coinbase-adds-nearly-100-crypto-assets-for-trading-in-2021

If they have added 83 assets to their exchange for trade and they now have 139 tradeable assets in total then this was really a massive growth in the last year as the number more than doubled in this short period of time. As others already mentioned in here they kind of had to do that and they even added some meme coins to their portfolio and i would guess that they did not want to add such sh*t coins but they had such a high volume at times that they just could not miss out on those trading fees.

Abiky

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Quote from: Tellek Garing on December 20, 2021, 06:40:49 AM

Coinbase is one of the world-leading exchanges has recorded the highest number of listing in 2021 as the exchange has a total of 139 tradable assets, which indicates a high volume of listing in this year 2021. This boom in the listing is traceable to the rise of new projects and platforms such as NFTs, Defi, and the metaverse which have made the entire cryptocurrency market increase in its demands and usability.
Ink: https://cointelegraph.com/news/listing-frenzy-coinbase-adds-nearly-100-crypto-assets-for-trading-in-2021

Coinbase used to be a Bitcoin-only exchange, but gradually started accepting other cryptocurrencies in order to expand its business model. The more crypto assets the company adds to its platform, the higher the profits will be. I think the main reason why Coinbase is listing new coins at an exponential rate is because it wants to compete with Binance. After all, Binance managed to become the world's largest crypto exchange in just 4 years since its inception. Competition is getting fierce day by day, so only those exchanges with the most trading pairs will succeed in the long run.

I'd say that most altcoins added by Coinbase are nothing but trash, especially when they're only driven by hype (like Shiba Inu). But as long as there's money to be made, nothing else matters. Crypto's always been about decentralization, so it should be able to survive with or without Coinbase. Just my opinion

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Quote from: Teraboy on December 20, 2021, 07:55:44 AM

Quote from: Tellek Garing on December 20, 2021, 06:40:49 AM

Coinbase is one of the world-leading exchanges has recorded the highest number of listing in 2021 as the exchange has a total of 139 tradable assets, which indicates a high volume of listing in this year 2021.

If coinbase was not doing it and then another cexs will be robbed their daily trade volume. You must always remember that sometimes the volume gets centralized into the some new tokens that have not yet listed in coinbase. You can imagine if CB customer was also moving their money to that token and it's not yet listed in coinbase. That would be a disaster if coinbase didn't actively listing the new tokens on its market. Im so glad that CB has been changing.

This is the reason, it is 100% definitely the reason why we have coinbase listing so much. They went public recently and that means they need to keep making more and more profit. In order to make a lot more profit, they need to offer people chance to buy a lot more coins, all of those trading volumes turn into profit for the shareholders and if that stops then they will end up with losing a lot of money.

Hopefully they will continue to add more coins and features to their exchange, even binance is a lot larger and they are not public company, hell even not legal in some nations. So, I would say that Coinbase has a long way to go but they are on the right path, more profit for them means more options for us.

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Quote from: aces777 on December 20, 2021, 08:43:56 AM

Does anyone have an analysis of what newly listed Coinbase coins do? It might be an interesting thing to look at, just check whats newly listed and see if it goes up.

Most of the newly listed coins on counbase at the moment are performing but I don't think the exchange care about that part so long as their make money from fees on the exchange their business is moving well whatever happens to those listed coins on the exchange is not the business.

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Quote from: aces777 on December 20, 2021, 08:43:56 AM

Does anyone have an analysis of what newly listed Coinbase coins do? It might be an interesting thing to look at, just check whats newly listed and see if it goes up.

The Coinbase Blog usually lists a bunch of recently added assests whenever a new ones joins the list. Recently they added DESO, the blog post mentions a few other assets, here's the link https://blog.coinbase.com/decentralized-social-deso-is-launching-on-coinbase-pro-3324f7c40957

but tbh, given the state of the market in 2021, i'd say 90% of the new tokens added on coinbase were vaporware...nowadays most tokens are created to make a quick buck, not to have a real world use-case, so i wouldn't waste my time looking for an in-depth analysis of each token

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