The renown digital currency exchange, Coinbase Pro announced to list the top digital currency, Dash on Septemeber 16, upcoming Monday. The currency which is currently valued at $92.23 might get a quick boost in its price once it added to Coinbase Pro.
Coinbase Pro Adding Dash
The announcement revealed on Sept.12 states that the exchange is accepting Dash in supported jurisdictions, except for NY state and the UK. The exchange has said that it will accept deposit ahead of trading – as such, users can proceed to deposit on Monday which will remain active for at least 12 hours and trading will then begin on Sept.17 on or after 9 am PST if liquidity conditions are met. The exchange writes that;
“Once sufficient supply of DASH is established on the platform, trading on the DASH/USD, and DASH/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met.”
Although Coinbase has over 30 million users, the addition of Dash cryptocurrency will catch the attention of a new audience. On the other side, Dash is currently ranked as 16th largest cryptocurrency, covering the total market cap of $833,591,474. At the press time, Dash experienced a quick surge of 4.73 percent within the past 24 Hrs and trading at the value $92.23 against USD.
However, it’s worth noting that the DASH will be initially available across Coinbase’s supported jurisdictions. Accordingly, users from New York and the United Kingdom aren’t allowed for trading. Other Jurisdictions may be added soon, the exchange said. Moreover, it also revealed that the trading would be available in DASH/USD and DASH/BTC pairs.
But not on Coinbase.com
Dash crypto emerged back in 2014 – henceforth considered as the oldest digital asset in the history of the crypto industry. Despite its existence since 2014, the Dash has been caught with apathetic comments due to its anonymous feature – quite often, crypto twitter compares it with Monero and Zcash citing its anonymity. This is one of the primary reasons why many exchanges step back to list Dash.
Dash’s listing on Coinbase pro doesn’t mean that the coin will be available on Coinbase.com or its consumer mobile apps. However, the blog further reads that they will be a separate announcement if the exchange decides to launch Dash on Coinbase.com.
Disclaimer: The presented information is subjected to market condition and may include the very own opinion of the author. Please do your ‘very own’ market research before making any investment in cryptocurrencies. Neither the writer nor the publication (TronWeekly.com) holds any responsibility for your financial loss.
Never miss our daily cryptocurrency news, price analysis, tips, and stories. Join us on Telegram | Twitter or subscribe to our weekly Newsletter.
