As reported in a blogpost, Coinbase Pro will be adding support for AVAX token. It is ready to give access to account holders to start trading Avalanche (AVAX) tokens on its platform.
Coinbase Pro announces this on the Sept. 29 in a blog post.
Additionally, Users will now be able to make transfers of C-Chain AVAX tokens into their account. Also, AVAX trading will kick off “on or after” 9 a.m. Pacific time on Sept. 30.
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Furthermore, this will be possible as long as liquidity requirements on the platform is complete. However, currently the asset is not available on the standard platform or its consumer apps.
The company explain further
“C-chain Avalanche addresses start with ‘0x’,”
“Sending Avalanche on P-chain or X-chain or any other assets to a Coinbase Pro wallet will result in permanent loss.”
Look Into Avalanche’s Coinbase Pro Listing
Avalanche is a proof-of-stake blockchain developed by Ava Labs. Also, it raised $230million through a token sale by Polychain and three arrows capital.
Additionally, Coinbase Pro is set to join other exchanges like Binance and BitPanda in listing AVAX tokens.
“This listing increases the accessibility of #Avalanche to a broader set of users, including those in the US,”
Avalanche in a Twitter update.