EthereumMarketNews

Coinbase Will Now Support ERC20 Tokens

Today, Coinbase announced that they will be adding support for ERC20 tokens. With hundreds of ERC20 tokens running on the Ethereum blockchain, this opens a broad range of possibilities for the Coinbase portfolio.

 

No specific coins or tokens were announced today, but it is likely that a large number of ERC20 tokens will be added simultaneously once the service is ready. With Ethereum being in a dump lately due to new ICO regulations, this is great news for Ethereum in the near future. Being able to trade from fiat directly to any of a large number of ERC20 tokens would be a significant step forward in accessibility to the broader token market.

As the regulatory grip tightens around ICO’s and the crypto market, this is huge news for the space.

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Raiden Jones

CryptoLeak lead writer.

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