Coinbase Plans To Become The New York Stock Exchange of Crypto (English/हिंदी) 11-09-2018

in #crypto6 years ago (edited)

Coinbase, the eminent U.S. exchange & provider of other crypto services & financial products, sets on becoming the New York stock exchange of crypto securities.

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Coinbase is a popular, U.S.-based exchange & wallet has announced its plan to become the New York Stock Exchange of the crypto sphere, particularly for crypto securities.

Consolidating Coinbase with a wealth of new altcoins
During this year tech crunch disrupt, a technology conference hosted by the tech industry news publication TechCrunch, the CEO of Coinbase announced the exchange’s new plan: to become The New York Stock Exchange of cryptocurrencies.

Brian Armstrong, the CEO of Coinbase, was interviewed on stage at the event, wherein he explained his vision for the future of Coinbase. In the interview, Armstrong foretells that Coinbase will host a large number of altcoins due to the growing standard of companies creating their own cryptocurrencies. He envisions this as new altcoins can run in cooperation with equity as an alternative investment system.

Currently, Coinbase supports five cryptocurrencies: Bitcoin, Litecoin, Ethereum, Ethereum Classic and Bitcoin Cash. It is most known for fiat-to-crypto conversions, as opposed to other major exchanges, which host crypto-to-crypto trading.

Brian Armstrong sees the addition of tokens native to individual companies as a natural succession within the space of DApps and open source projects.

“It makes sense that any company out there who has a cap table… should have their own token. Every open source project, every charity, potentially every fund or these new types of decentralized organizations [and] apps, they’re all going to have their own tokens,” the CEO said.

हिंदी संस्करण
Coinbase, प्रतिष्ठित अमेरिकी विनिमय और अन्य क्रिप्टो सेवाओं के प्रदाता और वित्तीय उत्पाद, क्रिप्टो प्रतिभूतियों के न्यूयॉर्क स्टॉक एक्सचेंज बनने पर सेट हैं।
सिक्काबेस एक लोकप्रिय है,यू.एस. आधारित विनिमय और वॉलेट न

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