Coinbase Pro Listed Dash – A New Era For Altcoins Is Here

The crypto space has been flooded by various events and important achievements this year, with the main goal being the mass adoption of digital assets and also the mainstream adoption of the innovative blockchain technology.

Coinbase was in the spotlight again after the exchange was able to prevent a really dangerous malware attack.

After that, Coinbase Custody bought Xapo’s institutional business and this move made the entity the largest custodian in the whole world.

Coinbase rolled out its digital asset custody arm during the past year and its recent acquisition follows a significant period of growth, according to the exchange.

Coinbase Pro adds supports for DASH

Coinbase Pro added support for Dash just the other day.

The coin is optimized for fast and low-cost payments and now it joined Bitcoin, XRP, ETH, Bitcoin Cash and Litecoin among a total of 24 cryptos that are listed on Coinbase Pro.

The San Francisco-based exchange will be rolling out Dash in four stages.

It will first allow users to transfer Dash to Coinbase Pro accounts that are located in Coinbase’s supported jurisdictions.

The exception is New York State and the UK.

It’s been also reported by the Daily Hodl that users can start trading DASH/USD and DASH/BTC on or after 9:00 a.m. PST, if liquidity conditions are met.

The official announcement said the following: “In the second stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of one minute.”

The official notes say: “In the third stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in limit-only mode for a minimum of ten minutes.”

The notes conclude the following: “In the final stage, full trading services will be available, including limit, market, and stop orders.”


Companies Mentioned

Coinbase
Coinbase

Coinbase is a digital currency exchange headquartered in San Francisco, California.

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