Coinbase Custody possibly adding STEEM !

in steem •  4 months ago

Coinbase Custody is exploring a range of new assets: And Steem is one of them!!!

https://blog.coinbase.com/coinbase-custody-is-exploring-a-range-of-new-assets-e700496844be

Coinbase Custody is a custodial service for institutional clients optimized for storing large amounts of cryptocurrency in a highly secure way.

This could be big news for Steem

Any coin or token I have seen added to coinbase always gets a lot more attention from investors.

They blog post does state though, that this would be just for storage and not trading on Coinbase, but that's a great first step in my opinion.



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Certainly an interesting development; "attention" from any kind of major player is usually a good thing. Simply the fact that Steem is being considered adds a layer of legitimacy in the mind of the broader market... a sort of "coolness by association."

Of course, if Steem becomes included in their custodian accounts, it's a short step to people pushing for Steem to be part of the Coinbase exchange.

=^..^=

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Time to start talking to coinbase customer service representatives and ask for Steem trading?

This would be SWEET! I understand some have had issues with Coinbase, but as of yet, I have not. But being the biggest player, as far as I can tell from popular opinion, Coinbase taking on STEEM would help bringing in new users as well as making things easier for those of us already here. However, this is probably NOT good news for the folks at BlockTrades...

Why is there Origin - a gaming platform from EA - included?

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I am not really sure, unless maybe they talking about this coin https://www.originprotocol.com/en

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Lol they have fixed it xD

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Clearly it was intentional, they just wanted people to open an account so they could get all the good free games origin offers from time to time!

Huge! Heck even the Ripple fans must be smiling too.

Seriously though, this is fantastic news and sure there are no guarantees, it still puts STEEM on the radar big time.

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Best news I heard all day!

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Yea this is really great news. I really hope they add Steem for storage.

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Steem will go to the moon if they do

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You really think?

Posted using Partiko Android

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Yeah if coinbase lists it , for sure. It only has 5 listed so far!

Alright! This is cool, I hope they go with Steem!!

Damn that would be pretty sick if STEEM got on coinbase, even just to get people intrigued enough to learn more about it

Oh snap, DOGE! :)

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The joke coin that actually had a $2 billion market cap for a short while...

Life is weird...

=^..^=

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... or the sleeping giant that everyone thinks is a joke, but actually has the best fees and transactions speeds of a mined coin... It's all perspective. :)

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Not knocking it @clayboyn, plus quite aware that with 115 billion coins, Doge has the infrastructure to take over the world... the greater world likes (psychologically speaking) to own "whole units" of assets.

=^..^=

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it kind of doesn't though... It's literally BTC's code with the font changed and a dog as the image... Only reason it has good fees and transaction speeds is that not as many people use it, that doesn't mean it wouldn't have the same exact issues at scale

Its an amazing news
I love only to invest in steemit and all my investment of cryptos is in Steemit only now!!!
BECAUSE I BELIEVE IN IT :)

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Just it...

Really great news to provide in this platform but this time any crypto very low but recently recover this it..
But your analysis so proud full I am gain knowledge about this..
So keep it up..

This post is helpful for us and I realize that now all crypto just very low but this time fully spand just recover recently..
Just it.

They make it out as if it's such a huge deal to add cryptocurrencies, yet other exchanges are pumping them out like diarrhea. What's up with that? Sorry for the odd simile. I'm in a rather twisted humor this evening.

They make it out as if it's such a huge deal to add cryptocurrencies, yet other exchanges are pumping them out like diarrhea. What's up with that? Sorry for the odd simile. I'm in a rather twisted humor this evening.

Que excelente noticia, ya que no sabia y aun no se por que medio cobraria lo que genere en steemit, una pregunta por que telegram esta incluida entre sus monedas, telegram creo su propia moneda ?

steem is the best

Great news. Having Steem someday on Coinbase will for sure boost the price.

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That's a great analysis my dear friend I appreciate your post and I am really happy now cause I seen you post and really I gain knowledge about this information so very good dear..
So keep it up and I will your next information about crypto..
Carry on.. upvote and resteemit done

Good i keep all of my STEEM !!!

@followbtcnews
Awesome news mate.
Steem rocks

This is definitely good news for Steem!

What is Coinbase Custody by the way?

sir coinbase is very good crypto bank.. because this is very low fee create

download.jpg

Storage or not it is a great way to put STEEM out there and many more investors getting introduced to it.

Not expecting that at all, at least not so "soon". Let´s see how much will the price pump up.

Great news for Steem! I hope it actually comes to fruition.

Great news for Steem! I hope it actually comes to fruition.

Thats great news, thanks for the information FBN! Cheers :)

Just is very informative post so keep it up my dear friend.

@followbtcnews that would be really great

OK so....if it's just for storage, can we still transfer it to other exchanges from there, and would they charge a transaction fee? And why would anyone store it there if they can just store it on their steem account for free, and a LOT faster turnaround.

Interesting!

Nice news! I resteemed this article.

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@followbtcnews, What caught my eye from the original article is the following text:

It may be slow to list new coins, but when it does belatedly get its act together, the markets react swiftly to the news. ETC is up 15% in the past 24 hours ahead of its Coinbase listing, while the likes of Tezos, which is on the Coinbase Custody shortlist, is up by 20%.

https://news.bitcoin.com/coinbase-custody-is-eyeing-some-extremely-odd-altcoins/

Good news for us Steemians with a long-term outlook.

Wow this is amazing!

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