Buying EOS Instantly

Coinbase Adds Support For EOS

Today, top crypto exchange Coinbase announced that it will be listing EOS as a supported cryptocurrency, effective immediately. Users of the platform will henceforth be able to sell and purchase EOS against supported crypto pairings and fiat currencies.

This service will be extended to most areas where Coinbase is currently operational, except the United Kingdom and the state of New York in the United States which will not support this listing in their respective jurisdictions.

This announcement came as a surprise to most crypto enthusiasts and was made by the company’s official blog.

Coinbase has been relentless in its efforts to add more and more cryptocurrencies to its roster and the inclusion of EOS seems to be a continuation of that.

The blog post details:

“One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. In September, we announced a new process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages as well as a new section of the Coinbase website to answer common questions about crypto.”

EOS has been listed on Coinbase earlier, with a user interface designed especially to target high-value crypto traders, since the middle of April. Till the beginning of the fourth quarter of last year, Coinbase stuck to a policy of exclusivity in terms of crypto listings.

However, after September 2018, when it carried out a detailed review of its own Digital Asset Framework, it has following a more inclusive framework. As a result, token projects were able to apply for a listing on Coinbase.

Although we do not know if EOS specifically applied for such a listing, we do know that Coinbase’s policy shift had a major impact on the listing of coins, with over 15 coins being added over the past nine months.