Up to date on Friday, August 28: Coinbase Professional can be itemizing Celo underneath the CGLD ticker title. Buying and selling on Coinbase Professional can be supported for CGLD-USD, CGLD-BTC, CGLD-EUR and CGLD-GBP. It is possible for you to to ship and obtain CELO or CGLD, as they’re the identical asset.
On Monday, August 31, switch Celo into your Coinbase Professional account forward of buying and selling. Help for Celo can be accessible in all Coinbase’s supported jurisdictions. Per earlier launches, transfers will open throughout enterprise hours, Pacific time.
Probably the most frequent requests we obtain from prospects is to have the ability to commerce extra property on our platform. Per the phrases of our listing process, we anticipate supporting extra property that meet our requirements over time. Most not too long ago we now have added Numeraire (NMR), Band (BAND), Compound (COMP), Maker (MKR) and OmiseGo (OMG), together with supporting further European and UK order books. Coinbase continues to discover assist for new digital assets.
On Monday, August 31, we started accepting inbound transfers of Celo to Coinbase Professional. Buying and selling will start on or after 9AM Pacific Time (PT) the next day, if liquidity situations are met.
As soon as enough provide of Celo is established on the platform, buying and selling on our CGLD-USD, CGLD-BTC, CGLD-EUR and CGLD-GBP order books will launch in four phases, transfer-only, post-only, limit-only and full buying and selling. If at any level one of many new order books doesn’t meet our evaluation for a wholesome and orderly market, we might hold the guide in a single state for an extended time frame or droop buying and selling as per our Trading Rules.
We’ll publish tweets from our Coinbase Pro Twitter account as every order guide strikes by means of the phases.
Celo (CGLD) is a cryptocurrency that acts as a utility and governance token for the Celo platform. The Celo platform is designed to make it simple for anybody with a smartphone to ship, obtain, and retailer stablecoins operating on Celo (for instance, the Celo Greenback) while not having a crypto pockets.
Please notice that Celo is just not but accessible on Coinbase.com or through our Client cellular apps. We’ll make a separate announcement if and when this assist is added.
Notice Coinbase owns Celo tokens on account of a 2018 funding in Celo. Coinbase intends to keep up its funding in Celo for the foreseeable future and maintains inside insurance policies that handle the timing of permissible disposition of its digital property, together with Celo tokens.
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