Coinbase Framework Gives Insight Into Possible Additions

Coinbase, the largest cryptocurrency exchange in the U.S., is exploring the possibility of adding five new coins to its platform: Cardano, Basic Attention Token, Stellar Lumens, Zcash, and 0x.

Thus far, Coinbase has not committed to listing any of these assets, and they warned in a statement that even if listed, they might come with preconditions, such as “being listed solely for customers to buy and sell, without the ability to send or receive using a local wallet. We may also only enable certain ways to interact with these assets through our site, such as supporting only deposits and withdrawals from transparent Zcash addresses.”

Currently, Coinbase allows users to buy and sell Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and has enabled deposits for Ethereum Classic in anticipation of allowing trading.

In November last year, Coinbase released its “Digital Asset Framework” that details the conditions a coin must meet to be listed on Coinbase.

The framework has several categories of conditions that must be met, including technological, legal, and market requirements.