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Coinbase Now Offers Storage Support For Over 30 Cryptocurrencies


The number of cryptocurrencies to which Crypto currency exchange Coinbase is offering storage support directly in the Coinbase Wallet app has crossed 30.

The San Francisco-based digital currency exchange added support for nearly 20 new assets over the first few months of 2019, taking its total asset support to more than 30 cryptocurrencies.

They include popular cryptocurrencies like Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, XRP, Augur (REP), ZCash (ZEC), Stellar Lumens (XLM), Dogecoin (DOGE) and Tezos (XTZ), and also smaller-cap projects like FOAM (FOAM), Kin (KIN) and Maker Dai (MKR).

The company said that over the first half of 2019, Coinbase Custody has been busy adding new features and support for the assets that its clients have requested.

It recently became the first institutional-grade, qualified custodian to offer staking services for assets held offline, and one among the first to offer OTC trading directly from cold storage. These offerings enable its clients to participate in all facets of the cryptoeconomy - trading, staking and governance, while keeping their assets securely offline and protected by insurance policies.

In response to increasing requests it receive from customers, the company said it plans to trade more crypto assets on its platform when they meet the exchanges standards.

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