Following an announcement last week that U.S.-based mega cryptocurrency exchange Coinbase would support Augur on its new professional trading platform Coinbase Pro, the company has now stated that Augur is being supported on related Coinbase mobile apps for both iOS and Android.
Coinbase Just Keeps Getting Bigger
Customers can now sell, trade and purchase the currency using their mobile phones. The currency will also be available to all users outside the state of New York.
The company released the following statement:
Augur’s reputation token (REP) is an Ethereum token designed for reporting and disputing the outcome of events on online prediction markets. Reporters are rewarded for reporting the outcome of events correctly.
In addition, Coinbase is hinting that it will be adding several new coins throughout the year after its new listing process was established in 2018. Coinbase has repeatedly commented that the most common request it receives from its users is that more coins be listed. It has stated that it wants to be the platform with the most coins for customers to enjoy:
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.
The company was founded seven years ago in 2012 and has quickly risen to become one of the largest and most popular cryptocurrency exchange platforms in existence for both U.S.-based and international customers. Coinbase is described as a “digital wallet and platform where merchants and consumers can transact” with cryptocurrencies ranging from bitcoin and bitcoin cash to Ethereum and Litecoin.
Company executives state:
Our vision is to bring more innovation, efficiency and equality of opportunity to the world by building an open financial system. Our first step on that journey is making digital currency accessible and approachable for everyone. Two principles guide our efforts. First, be the most trusted company in our domain. Second, create user-focused products that are easier and more intuitive to use.
Aside from Augur, Coinbase Pro also saw the addition of EOS and Maker. EOS has quickly risen through the ranks to serve as the fifth-largest cryptocurrency by market cap, beating out the original contender Litecoin for the position. Litecoin had long-held this position for several years but has since been bumped to position six.
More Coins, More Data, More Trading
Coinbase further added that it would be adding elements to its site like an FAQ page, where new users could go given they wanted more information about digital assets:
We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages, as well as a new section of the Coinbase website to answer common questions about crypto.