Coinbase Is Exploring 18 New Cryptocurrencies and Altcoins Including VeChain and Sia

Coinbase Is Exploring 18 New Cryptocurrencies and Altcoins Including VeChain and Sia

By Crypto Alphabet | Alphabet News | 10 Jun 2020


Coinbase, a popular California-based crypto exchange, may add up to 18 new cryptocurrencies in the future.

The list of coins includes Aave, Aragon, Arweave, Bancor, COMP, DigiByte, Horizen, Livepeer, NuCypher, Numeraire, KEEP Network, Origin Protocol, Ren, Render Network, Siacoin, SKALE Network, Synthetix, and VeChain.

A number of those are Ethereum-based altcoins for DeFi platforms.

The exchange says that it does not plan to list Siafunds, the secondary cryptocurrency of the Sia storage platform.

Binance.US, another California-based exchange, has also added several coins over the past few months.

The news comes in the aftermath of Coinbase's controversial decision to work with U.S. government agencies (the IRS and DEA) and sell surveillance software to those agencies in a way that might compromise user privacy.

In order to avoid the overreaching policies of centralized exchanges, crypto investors can use peer-to-peer exchanges such as Hodl Hodl and Bisq and decentralized exchanges (DEXes) such as Kyberswap.

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