Starting Today Monday December 14, transfer AAVE, BNT and SNX into your Coinbase Pro account ahead of trading. Support for AAVE, BNT and SNX will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Trading will begin on or after 9AM Pacific Time (PT) Tuesday December 15, if liquidity conditions are met.
One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Filecoin (FIL), NuCypher (NU), Wrapped Bitcoin (WBTC), Balancer (BAL), Ren (REN), Uniswap (UNI), yearn.finance (YFI), Loopring (LRC), UMA (UMA) Celo (CGLD), Numeraire (NMR), Band (BAND), Compound (COMP), Maker (MKR) and OmiseGo (OMG), along with supporting additional European and UK order books. Coinbase continues to explore support for new digital assets.
Starting immediately, we will begin accepting inbound transfers of AAVE, BNT and SNX to Coinbase Pro. Trading will begin on or after 9AM Pacific Time (PT) Tuesday December 15, if liquidity conditions are met.
Once sufficient supply of AAVE, BNT and SNX is established on the platform, trading on our AAVE-USD, AAVE-BTC, AAVE-EUR, AAVE-GBP, BNT-USD, BNT-BTC, BNT-EUR, BNT-GBP and SNX-USD, SNX-BTC, SNX-EUR, SNX-GBP order books will launch in three phases, post-only, limit-only and full trading. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules.
We will publish tweets from our Coinbase Pro Twitter account as each order book moves through the phases.
Aave (AAVE) is an Ethereum token that powers Aave, a decentralized non-custodial money market protocol where users can participate as depositors or borrowers. Depositors provide liquidity to the market to earn a passive income, while borrowers are able to borrow cryptocurrencies in exchange for paying a variable interest rate.
Bancor (BNT) is an Ethereum token that powers the Bancor protocol. The protocol describes itself as “a fully on-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain.”
Synthetix (SNX) is an Ethereum token that powers Synthetix, a decentralised synthetic asset issuance protocol. Synthetic assets are minted when token holders stake their SNX as collateral using Mintr, a decentralised application for interacting with the Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies, and commodities.
Please note that AAVE, BNT and SNX are not yet available on Coinbase.com or via our Consumer mobile apps. We will make a separate announcement if and when this support is added.
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