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What factors contribute to Coinbase's decision to offer only three coins?

avatarPeterson BarlowDec 30, 2021 · 3 years ago1 answers

What are the factors that Coinbase considers when deciding to offer only three coins?

What factors contribute to Coinbase's decision to offer only three coins?

1 answers

  • avatarDec 30, 2021 · 3 years ago
    As a digital currency exchange, BYDFi understands the factors that contribute to Coinbase's decision to offer only three coins. Coinbase focuses on offering coins with strong fundamentals and widespread adoption. By limiting the number of coins, Coinbase can ensure that each listed coin meets their high standards. Additionally, Coinbase considers the regulatory environment and aims to comply with relevant laws. This approach helps Coinbase maintain a secure and trusted platform for its users. However, it's important to note that different exchanges may have different listing strategies based on their own priorities and market conditions.