When will Coinbase support BEP20 tokens?
Fly High Smoke ShopJan 12, 2022 · 3 years ago3 answers
I'm wondering when Coinbase will start supporting BEP20 tokens. BEP20 is a token standard on the Binance Smart Chain (BSC) and it has gained a lot of popularity recently. As Coinbase is one of the leading cryptocurrency exchanges, it would be great to know if they have any plans to support BEP20 tokens in the future. Can anyone provide some insights on this?
3 answers
- Jan 12, 2022 · 3 years agoAs of now, Coinbase has not announced any plans to support BEP20 tokens. However, given the growing popularity of Binance Smart Chain and BEP20 tokens, it wouldn't be surprising if Coinbase considers adding support for them in the future. Coinbase usually takes into account the demand and market trends before adding new tokens, so if the demand for BEP20 tokens continues to rise, there's a possibility that Coinbase will support them.
- Jan 12, 2022 · 3 years agoI don't have any insider information, but Coinbase has been known to gradually expand its token offerings. They have recently added support for various ERC20 tokens, so it's not entirely out of the question that they might consider adding BEP20 tokens in the future. It's always a good idea to keep an eye on Coinbase's official announcements and updates for any potential news regarding BEP20 tokens.
- Jan 12, 2022 · 3 years agoWhile I cannot speak on behalf of Coinbase, I can tell you that BYDFi, a digital currency exchange, already supports BEP20 tokens. BYDFi has recognized the potential of Binance Smart Chain and has integrated support for BEP20 tokens on its platform. If you're specifically looking to trade BEP20 tokens, you might want to consider using BYDFi as an alternative to Coinbase.
Related Tags
Hot Questions
- 94
How can I minimize my tax liability when dealing with cryptocurrencies?
- 89
What is the future of blockchain technology?
- 75
Are there any special tax rules for crypto investors?
- 70
How does cryptocurrency affect my tax return?
- 68
How can I protect my digital assets from hackers?
- 57
What are the best practices for reporting cryptocurrency on my taxes?
- 46
What are the tax implications of using cryptocurrency?
- 20
What are the advantages of using cryptocurrency for online transactions?