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October 17, 2021

Coinbase Adds Support for Two Ethereum-Based Altcoins Across All of Its Platforms

By Daily Hodl Staff

Top US crypto giant Coinbase is adding two Ethereum (ETH) powered altcoins to its arsenal of tokens.

After their initial launch on Coinbase Pro, BadgerDAO (BADGER) and Rarible (RARI) are now available to buy, sell, convert, store, send and receive on the company’s retail trading platform Coinbase.com and its iOS and Android applications.

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BADGER is a decentralized autonomous organization (DAO) with the purpose of building infrastructure and products that help spur Bitcoin’s growth as a usable asset across other blockchains.

At time of writing its BADGER governance token is trading at $28.47, down by 7.5% on the day according to CoinGecko.

RARI is the token that powers digital artist and creator community-owned non-fungible token (NFT) marketplace Rarible.

Rarible is a non-custodial platform, meaning users always have control over their tokens, which are not held by Rarible. So far, the Rarible marketplace only supports Ethereum-based cryptos.

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At time of writing, RARI is trading at $23.49, down 4.6% on the day according to CoinGecko.

Both altcoins recently surged in price after they were added to Coinbase’s professional trading platform.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

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Featured Image: Shutterstuck/oneinchpunch/Vladimir Sazonov