Top US crypto exchange Coinbase is rolling out trading services for yet another Ethereum (ETH)-based altcoin.
The exchange’s customers can now buy and sell Lido DAO (LDO), a staking service for Ethereum and other blockchain projects, on the platform.
[adinserter block="1"]LDO aims to allow users to stake ETH without locking assets or maintaining infrastructure. When staking on the platform, users receive Staked Ether (stETH) on a 1:1 basis representing their staked ETH, and stETH balances can be used like regular ETH to earn yield or rewards.
LDO is trading at $1.24 at time of writing. The 45th-ranked crypto asset by market cap is up more than 2% in the past 24 hours.
Coinbase also recently added MultiversX (EGLD) to its listing roadmap. The internet-scale blockchain technology project was previously known as Elrond and rebranded to MultiverseX earlier this month. The rebrand corresponds with the project’s expanded mission into the “digital meta-space frontier,” according to a press release.
EGLD is trading at $43.22 at time of writing. The 43rd-ranked crypto asset by market cap is up 2% in the past 24 hours.
Coinbase created the listing roadmap earlier this year to increase transparency and reduce the possibility of front-running their listing announcements.
The exchange’s CEO, Brian Armstrong, has said the exchange plans to list as many crypto assets as possible that meet simple standards.
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