Beginning as we speak, Coinbase helps Celo (CGLD) at Coinbase.com and within the Coinbase Android and iOS apps. Coinbase prospects can now purchase, promote, convert, ship, obtain, or retailer CGLD. CGLD is on the market in all Coinbase-supported areas.
Coinbase is itemizing Celo underneath the CGLD ticker image. That is non permanent and doesn’t have an effect on the asset or participation in on-chain governance actions reminiscent of voting. It is possible for you to to ship and obtain CELO or CGLD, as they’re the identical asset.
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 working on Celo (for instance, the Celo Greenback) without having a crypto pockets.
Coinbase commonly declares a brand new set of property that we’re persevering with to discover. CGLD was included in a list of exploratory property, revealed final fall. CGLD was listed for buying and selling on Coinbase Pro final week.
Some of the frequent requests we hear from prospects is to have the ability to purchase and promote extra cryptocurrencies on Coinbase. We introduced a process for listing assets, designed partially to speed up the addition of extra cryptocurrencies. We’re additionally investing in new instruments to assist folks perceive and discover cryptocurrencies. We launched informational asset pages (see CGLD here), in addition to a new section of the Coinbase website to reply frequent questions on crypto.
Clients can sign up for a Coinbase account here to purchase, promote, convert, ship, obtain, or retailer CGLD as we speak.
Coinbase owns CGLD tokens because 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 deal with the timing of permissible disposition of its digital property, together with CGLD tokens.