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Coinbase Officially Adds Support for Two Under-the-Radar Altcoins After Recent Roadmap Listings

dailyhodl.com 05 August 2022 14:48, UTC
Reading time: ~2 m

Top US crypto exchange platform Coinbase is officially rolling out trading services for two under-the-radar altcoins recently added to its listing roadmap.

Coinbase listed Stargate Finance (STG), an Ethereum-based decentralized finance (DeFi) protocol that enables the transfer of virtual assets across different blockchains.

Stargate Finance aims to make the process of swapping crypto assets across blockchains simpler and more efficient by eliminating the need to use wrapped tokens, or tokens that represent digital assets on blockchain networks they are traditionally not compatible with.

STG is trading at $0.427956 at time of writing, up nearly 3.7% in the past 24 hours but down more than 13% in the past seven days.

Coinbase also officially listed LOKA, the native asset of Medieval-themed metaverse battle game League of Kingdoms. LOKA can be used for staking, in-game purchases, and minting non-fungible tokens (NFTs).

LOKA, also built on leading smart contract platform Ethereum (ETH), is changing hands for $0.807409 at time of writing, down nearly 3.5% in the past day but up more than 3.6% in the past week.

Coinbase initially announced it was adding STG and LOKA to its listing roadmap in late July. The exchange created the roadmap this year to increase transparency and reduce the possibility of frontrunning their listing announcements.

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