Coinbase has revealed plans to list BNB

Fuente Cryptopolitan

Coinbase announced on Wednesday that it plans to list the BNB Smart Chain on its platform as part of its roadmap. The firm also revealed that it is working to add support for additional networks and ecosystems, aiming to provide its users with the best inventory of assets.

It’s the first time Coinbase has signaled support for the native token of Binance’s ecosystem flagship asset, BNB. The firm added the digital asset and assured users that trading will commence once market-making support and sufficient technical infrastructure are established.

Coinbase launches BNB perpetual futures on its platform

Coinbase’s interest in BNB started on April 3, when Coinbase Advanced began supporting BNB perpetual futures. The firm argued that introducing BNB perpetual futures trading on its international platforms presents new opportunities for traders.

The initiative enabled Coinbase users to access perpetual futures contracts, a type of derivative that doesn’t have an expiration date, allowing traders to hold positions indefinitely. The listing of BNB perpetual futures on the platform enables traders to take larger positions with borrowed funds, thereby amplifying their gains and losses.

Binance co-founder, Changpeng Zhao, said the introduction of BNB perpetual futures on Coinbase enhances the network’s accessibility and credibility. The initiative allowed Coinbase to expand its derivatives market and position itself as a competitor to leading exchanges like Binance, which already offer BNB futures.

The initiative was launched on Coinbase International Exchange for non-U.S. users and on Coinbase Advanced for experienced traders. CZ responded to the news, stating that BNB’s growth occurs naturally, although increased trading activity on major exchanges may lead to higher liquidity.

The crypto exchange is also planning to list other digital assets, including Bitcoin Hyper, Maxi Doge, PEPENODE, and Snorter Bot. Barron’s research revealed that new listings on Coinbase average 91% gains in the first five days.

At the time of publication, BNB is exchanging hands at around $1,168, down nearly 4.3% in the last 24 hours. The digital asset has also dropped by more than 11% in the last 7 days, but is up 27.1% in the last four weeks.

CEXs charge nearly 16% for new crypto listings

The new BNB listing on Coinbase comes as Binance refuted claims on Tuesday that it profits from its token listing process. The exchange’s remark was in response to CJ Hetherington, CEO of Limitless Labs, who made the claim.

Hetherington alleged on Tuesday that Binance receives a 1% airdrop on the day of listings and a further 3% airdrop six months after listings. He also revealed that the exchange requires a 1% marketing fee at its discretion and a $250,000 security deposit before any listing.

Hetherington also said Binance requested 3%, which is reserved for the BNB HODLer programme. According to the announcement, the exchange also requires a $2 million BNB security deposit for spot listings. He made the remarks despite Limitless receiving backing from Coinbase Ventures as well as the Base Ecosystem Fund. 

As Cryptopolitan previously reported, Binance responded to the founder’s claims, stating that they’re false and discriminatory and that the exchange reserves the right to pursue legal action. The exchange also stated that it was surprised by CJ’s unauthorized disclosure of confidential communications with Binance. The firm acknowledged that CJ’s publications damaged the integrity of what the industry and community understand, arguing that he clearly understood and knew to be sensitive and confidential information.

Binance assured its users that it doesn’t charge any listing fees. The firm also revealed that any cash and token security deposits are typically refundable within a 1-2 year period.

However, the co-founder of BitMEX, Arthur Hayes, previously stated that Binance charges a listing fee of up to 8% of the total token supply. He also revealed that the centralized exchange requires projects to purchase and stake BNB, which is equivalent to around $5 million.

Hayes added that Binance requires projects to distribute 8% of their token supply to Binance users through airdrops and other activities. He also said listings on Binance cost around 16% of a token’s supply and $5 million in BNB purchases.

Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free.

Descargo de responsabilidad: Sólo con fines informativos. Rentabilidades pasadas no son indicativas de resultados futuros.
placeholder
Plata Previsión del Precio: El XAG/USD se mueve al alza a un máximo histórico por encima de 52.50$ a medida que se profundiza el short squeezeEl precio de la Plata (XAG/USD) atrae a algunos compradores cerca de 52.60$ durante la sesión asiática temprana del martes. El metal blanco ha alcanzado un nuevo máximo histórico, superando su pico anterior de 1980, a medida que un histórico squeeze corto en Londres se intensificó.
Autor  FXStreet
10 Mes 14 Día Mar
El precio de la Plata (XAG/USD) atrae a algunos compradores cerca de 52.60$ durante la sesión asiática temprana del martes. El metal blanco ha alcanzado un nuevo máximo histórico, superando su pico anterior de 1980, a medida que un histórico squeeze corto en Londres se intensificó.
placeholder
El Departamento de Justicia de EE.UU. confisca 127.000 Bitcoin, aumentando las participaciones del gobierno por encima de los 36.000 millones de dólaresEl Departamento de Justicia de EE. UU. (DOJ) confiscó 127.271 Bitcoin (BTC) de un conglomerado con sede en Camboya, Prince Holding Group, y su fundador, Chen Zhi, marcando una de las mayores incautaciones en la historia de las criptomonedas
Autor  FXStreet
El dia de ayer 01: 46
El Departamento de Justicia de EE. UU. (DOJ) confiscó 127.271 Bitcoin (BTC) de un conglomerado con sede en Camboya, Prince Holding Group, y su fundador, Chen Zhi, marcando una de las mayores incautaciones en la historia de las criptomonedas
placeholder
El Oro se dispara por encima de 4.200$ en medio de la prisa por refugio seguro ante el caos político y comercial de EE.UU.El precio del Oro (XAU/USD) se recupera por cuarto día de negociación consecutivo el miércoles, subiendo más de un 1.40% y alcanzando un máximo histórico de 4.218$ a medida que la guerra comercial se intensifica y la incertidumbre geopolítica empuja a los inversores hacia el metal refugio.
Autor  FXStreet
5 hace una horas
El precio del Oro (XAU/USD) se recupera por cuarto día de negociación consecutivo el miércoles, subiendo más de un 1.40% y alcanzando un máximo histórico de 4.218$ a medida que la guerra comercial se intensifica y la incertidumbre geopolítica empuja a los inversores hacia el metal refugio.
placeholder
El Yen japonés se fortalece ante la demanda de refugio seguro; USD/JPY bajo presión por un Dólar más débilEl Yen japonés (JPY) se mantiene en una posición favorable frente a su contraparte americana por tercer día consecutivo y sube a un máximo de más de una semana durante la sesión asiática del jueves.
Autor  FXStreet
3 hace una horas
El Yen japonés (JPY) se mantiene en una posición favorable frente a su contraparte americana por tercer día consecutivo y sube a un máximo de más de una semana durante la sesión asiática del jueves.
placeholder
Oro Previsión del Precio: XAU/USD sube por encima de 4.200$ por esperanzas de recortes de tasas y flujos de refugio seguroEl precio del Oro (XAU/USD) atrae a algunos compradores alrededor de 4.210$ durante la primera parte de la sesión asiática este jueves. El metal precioso sube cerca de un nuevo máximo histórico a medida que las expectativas de recortes de tasas en EE.UU. y las tensiones comerciales continúan impulsando la demanda de activos de refugio seguro.
Autor  FXStreet
3 hace una horas
El precio del Oro (XAU/USD) atrae a algunos compradores alrededor de 4.210$ durante la primera parte de la sesión asiática este jueves. El metal precioso sube cerca de un nuevo máximo histórico a medida que las expectativas de recortes de tasas en EE.UU. y las tensiones comerciales continúan impulsando la demanda de activos de refugio seguro.
goTop
quote