The largest American crypto exchange platform Coinbase announced that in the coming months it will provide its users with the opportunity to withdraw coins that appeared as a result of the forks of the bitcoin network.
This change will allow customers to more easily withdraw assets associated with Bitcoin Forks across all Coinbase products. We are not announcing support for any specific assets at this time. As always, we look at technical, operational, and legal considerations when deciding which Bitcoin Fork assets to support and will always state on our website which particular assets are supported.
The report also says that the platform intends to work on supporting and future forks of bitcoin in the Coinbase Custody service "Custody will likely support more forked assets than GDAX or Coinbase for the foreseeable future"
It is noted that users of GDAX and Coinbase will be able to withdraw coins from the forks of bitcoin, but not to trade them. The trade-oriented service Coinbase Commerce announced in February that it will not support the assets that have emerged as a result of forks. In turn, the Coinbase Index Fund will not add any assets to the listing if they are not available for trading on the GDAX, the report said.
Also, recently Coinbase announced the "Coinbase Ventures" program, designed for start-up support.
We’ll be providing financing to promising early stage companies that have the teams and ideas that can move the space forward in a positive, meaningful way. At least in the beginning, our goal is simply to help the most compelling companies in the space to flourish.
Head of Corp & Biz Dev and Biz Ops at Coinbase
Earlier Coinbase announced that in the coming months it will implement the support of the technological standard ERC20.