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Basic Coin Token (BAT) spikes amidst Coinbase support launch

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Basic Coin Token

Amidst the downtrend in the crypto-market lately, Coinbase, the biggest cryptocurrency exchange in the United States has decided to list Basic Coin Token (BAT) to its ‘Pro’ platform.

Coinbase decision to add BAT Tokens to Coinbase Pro will allow BAT/USD trades very soon but only when there is enough liquidity on the digital asset, but deposits are already available on the platform. Coinbase also announced that all the trading features concerning Basic Attention Token would be available in all areas, besides residents in New York. It is important to know that BAT Tokens are not available yet on the official Coinbase website, but we may see the listing before the year comes to an end.

Here is a full statement by the exchange:

After 1 pm PT on Friday, November 2, we will begin accepting inbound transfers of Basic Attention Token (BAT) to Coinbase Pro. We will accept deposits for at least 12 hours prior to enabling trading. Once sufficient liquidity is established, trading on the BAT/USDC order book will start. Users may convert their USD to USDC with one click within the Pro interface as described here

The exchange continued saying,

“BAT trading will be accessible for users in most jurisdictions, but will not initially be available for residents of the state of New York. Please also note that BAT is not yet available at Coinbase.com or in our iOS and Android apps. We will make a separate announcement when that occurs.”

Undoubtedly, Basic Coin Token (BAT) is a top-notch cryptocurrency from the newly-formed BRAVE – a web browser. It is also a cryptocurrency based on Ethereum’s protocol; during BAT’s ICO launch, it was recorded that the blockchain project collected more than $35 million in thirty seconds. Mind-boggling.

According to a post by Coinbase on its blog, BAT will be released in 4 stages: transfer only, post only, limit only, and full-trading. As the name suggests, the full-trading stage will offer limitless trading for traders and BAT investors, including stop-orders. Coinbase does not allow retail trading on its platform and iOS and Android applications.

The Surge in Basic Attention Token (BAT) Price

After the Coinbase statement concerning the BAT listing on Coinbase Pro, the value of Basic Attention Token rose from $0.26 to $0.345 in no time, recording an increase of more than 30 percent within 20 minutes on November 2nd.

At the time of writing, Basic Attention Token has settled at $0.32 price level. BAT looks to replicate Ox when it was featured on Coinbase Pro last month as the cryptocurrency has surged by more than 7 percent in the last 24 hours.

Nevertheless, lots of questions have been asked by traders on which cryptocurrency will be next to be listed. Notable cryptocurrencies with great prospects have been tipped to be listed very soon after Basic Attention Toen (BAT). It is necessary to know that cryptocurrencies such as Cardano (ADA) and Stellar (XLM) have been the most-talked-about to be listed on the platform shortly.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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XNO Token of Xeno NFT Hub listed on Bithumb Korea Exchange

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Hong Kong, Hong Kong, 25th January, 2021, // ChainWire //

Xeno Holdings Limited (xno.live ), a blockchain solutions company based in Hong Kong, has announced the listing of its ecosystem utility token XNO on the ‘Bithumb Korea’ cryptocurrency exchange on January 21st 2021.

Xeno NFT Hub (market.xno.live ), developed by Xeno Holdings, enables easy minting of digital items into NFTs while also providing a marketplace where anyone can securely trade NFTs.

The Xeno NFT Hub project team includes former members of the technology project Yosemite X based in San Francisco and professionals such as Gabby Dizon who is a games industry expert and NFT space influencer based in Southeast Asia.

NFT(Non-Fungible Token) technology has recently gained huge focus in the blockchain arena and beyond, making waves in the online gaming sector, the art world, and the digital copyrights industry in recent years. The strongest feature of NFTs is that “NFTs are unique digital assets that cannot be replaced or forged”. Unlike fungible tokens such as Bitcoin or Ether, NFTs are not interchangeable for other tokens of the same type but instead each NFT has a unique value and specific information that cannot be replaced. This fact makes NFTs the perfect solution to record and prove ownership of digital and real-world items like works of art, game items, limited-edition collectibles, and more.

NFTs are already being actively traded in markets globally. For…

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Should Crypto Projects Devote Resources to Community Growth and Marketing?

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2020 has been an incredible year for crypto as investors have generated windfall profits and crypto projects have seen their businesses gain the spotlight they’ve been looking for.  While Bitcoin has received most of the attention after major institutional investors announced they were accumulating the increasingly scarce asset, many altcoins have also seen their fair share of glory.  When looking at all the big winners of the past year, the first project that probably comes to mind is Chainlink, having appreciated by more than 550% YTD and now valued at over $4.5 billion.  But, the actual biggest winner of the year is HEX with a YTD return of over 5,000%.

I mention both of the above projects as they have each taken slightly different paths to achieve greatness.  Chainlink has devoted resources toward building a fundamentally sound business with many strategic partnerships while HEX has spent vast sums of money on marketing and promotion.  Both approaches are valid, but one thing is certain, it is absolutely imperative for crypto projects to let the crypto community know what makes them special.  Of course, one of the reasons that makes crypto so valuable is the powerful blockchain technology that most projects are utilizing.

Cryptocurrency vs. Blockchain Technology

It’s important to make a distinction between blockchain technology and cryptocurrency.  Although they are often used interchangeably, they are different.  Blockchain technology and crypto were both created after the 2008 financial crisis, but cryptocurrency…

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XENO starts VIP NFT trading service and collaborates with contemporary artist Hiro Yamagata

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Hong Kong, Hong Kong, 24th December, 2020, // ChainWire //

The XENO NFT Hub (https://xno.live) will provide a crypto-powered digital items and collectables trading platform allowing users to create, buy, and sell NFTs. Additionally it will support auction based listings, governance and voting mechanisms, trade history tracking, user rating and other advanced features.

As a first step towards its fully comprehensive service, XENO NFT Hub launched a recent VIP service to select users and early adopters in December 2020 with plans for a full Public Beta to open in June 2021. 

“NFTs are extremely flexible in their usage, from digital event tickets to artwork, and while NFTs have a very wide spectrum of uses and categories XENO will initially focus its partnership efforts and its own item curation on three primary areas: gaming, sports & entertainment, and collectibles.”, said XENO NFT Hub president Anthony Di Franco.

He also added “This does not mean we will prohibit other types of NFTs from our ecosystem However, it simply means that XENO’s efforts as a company will be targeted into these verticals initially as a cohesive business approach.”

Development and Procurement Lead, Gabby Dizon explained, “Despite our initial focus, we found ourselves with a unique opportunity to host some of the works of Mr. Hiro Yamagata. We are collaborating with Japanese artist Hiro Yamagata to enshrine some of his artwork into NFTs.”

Mr. Yamagata has been…

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