Coinbase Pro to Add New GBP Trading Pairs

According to the general manager of the exchange, David Farmer, the new pairs will be available on Friday, September 7
06 September 2018   879

Bitcoin-exchange Coinbase Pro announced the addition of new trading pairs of British pound with ETC, ETH and LTC. According to the general manager of the exchange, David Farmer, the new pairs will be available on Friday, September 7.

With support for UK domestic bank transfers in GBP via the Faster Payments Scheme, it is now significantly easier, faster and cheaper for UK customers to trade cryptocurrencies on the Coinbase platform. Coinbase Pro is the only major digital currency trading platform that supports UK Faster Payments and it’s our goal to be the trading platform of choice for UK crypto traders. In advance of the launch of the new trading pairs, all UK customers now have access to send GBP to their Coinbase accounts via domestic bank transfer.
 

David Farmer

General Manager, Coinbase Pro

It is reported that the launch of new trading pairs is scheduled for September 7 at 09:00 BST and will be held in three stages:

  1. Post-only. In the first stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of 10 minutes.
  2. Limit-only. In the second stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in limit-only mode for a minimum of 10 minutes.
  3. Full trading. In the final stage, full trading services will be available, including limit, market, and stop orders.

In August, support for Ethereum Classic (ETC) was added to Coinbase Pro.

Coinbase to Acquire Neutrino

Startup will help the exchange to determine the most popular tokens in certain regions for listing on the respective branches of the site
19 February 2019   73

Coinbase cryptocurrency exchange bought analytical blockchain-startup Neutrino. The amount of the transaction was not disclosed, CoinDesk reports.

According to Coinbase product director Varun Srinivasan, the startup will help the exchange to determine the most popular tokens in certain regions for listing on the respective branches of the site.

It is noted that eight employees of Neutrino will be transferred to Coinbase’s London office this week.

We decided to join Coinbase because we’re totally aligned with the company’s mission of building an open financial system and we share the same commitment to regulation, compliance and security in the cryptocurrency space. 
 

Giancarlo Russo

CEO, Neutrino

Earlier in February, the Coinbase venture unit financed a startup Dharma Labs, developing a decentralized lending platform for cryptocurrency traders and investors.