Coinbase now supports Basic Attention Token

The major currency exchange is also exploring Cardano, Zcash and 0x…

U.S cryptocurrency exchange Coinbase is now accepting inbound transfers of Basic Attention Token (BAT), according to a blog post published on Friday.

BAT is an Ethereum-based exchange that utilizes privacy-oriented web browser Brave.

The major exchange will only enable trading on the BAT/USDC order once sufficient liquidity is established, and users can convert their USD to USDC using the company’s interface, Bitcoin Pro.

Though BAT will be available to users in most regions, the post continues, residents in New York might have to wait a little longer to access the currency.

The launch of BAT trading consists of four stages. The first will be transfer-only, which will permit users to transfer BAT to their Coinbase Pro account without placing orders.

The ‘post only’ phase will then be able to post limited orders, before they start matching in the ‘limit-only’ phase. After that, the final ‘full trading’ stage gives users access to all services, including limit, market and stop orders.

BAT is not yet available on the platform or in the company’s iOS and Android apps, but the company will issue a separate announcement as soon as support becomes available.

Coinbase is the “world’s most widely used alternative currency”, that has bitcoin transactions in 190 countries worldwide. The Coinbase platform currently supports Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic and Litecoin.

The company also recently expressed its interest in adding new assets, including Cardano, Zcash and 0x.

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