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Coinbase Adds Supports for New Crypto Project As Listing Spree Continues

Coinbase Adds Supports for New Crypto Project As Listing Spree Continues


Coinbase continues to support new crypto projects at a rapid rate, with the addition of Clover Finance (CLV) on Coinbase Pro.

Clover Finance is a blockchain operating system designed to bridge assets on various blockchains, making it easier to transact. The CLV token pays for transactions and enables votes for upgrades.

 

Coinbase is listing coins at a rapid rate in 2021, and recently added Mask Network (MASK), Rally (RLY), BarnBridge (BOND), Livepeer (LPT) and Quant (QNT) to Coinbase Pro.

CEO Brian Armstrong said earlier this month that the top US crypto exchange is working to list as many altcoins as possible. He added that his company is currently looking at more than 100 altcoins.

Coinbase Pro will offer CLV order books trading on the dollar, the pound sterling, the euro, and Tether (USDT). CLV is not available on Coinbase.com or the company’s consumer mobile apps.

CLV is trading at $1.10 at time of writing, down from $4.63 on July 14, according to Coinbase.

Some people in the crypto community might have confused Clover with a separate project using the same ticker symbol. A different Clover (CLV) project skyrocketed from a low of $4.51 on Thursday to a high of $51.48 after the Coinbase announcement. That asset is trading at $26.15 at time of writing, according to CoinGecko.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

 

Featured image: Shutterstock/ArtStudio29





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