Coinbase Expands Digital Assets with Telegram and 16 Others

Introduction to Coinbase’s New Additions

Out with the old, in with the new! San Francisco’s crypto titan, Coinbase, has decided that 17 is the magic number when it comes to expanding their digital asset offerings. On September 19, they announced plans to embrace a slew of cryptocurrencies including the much-discussed Telegram.

Meet the New Players

Coinbase has cast a wide net with its latest announcement, eyeing a colorful array of new digital assets for potential support:

Avalanche
Celo
Chia
Coda
Dfinity
Filecoin
Handshake
Kadena
Mobilecoin
NEAR
Nervos
Oasis
Orchid
Polkadot
Solana
Spacemesh
Telegram

This delightful mix shows Coinbase’s willingness to embrace what’s trending in the crypto universe, leaving no stone unturned in its quest to enhance user experience.

What’s the Deal with Telegram?

Telegram, a messaging app that’s more popular than your aunt’s cat memes, recently unveiled its own blockchain environment with the Telegram Open Network (TON). While it’s still in its infancy, the ecosystem has some exciting potential. However, users waiting for the GRAM token may need to exercise some patience – its distribution is a mere two months away. Just imagine it: the crypto world’s version of waiting for your favorite show’s new season!

Jurisdiction Matters

But don’t get too excited just yet. Coinbase is playing it cool with the roll-out. Like a good game of chess, the deployment of these assets will happen on a jurisdiction-by-jurisdiction basis, ensuring that they dodge any legal pitfalls along the way. They caution, “We will add new assets on a jurisdiction-by-jurisdiction basis, subject to applicable review and authorizations.” Talk about meticulous planning!

Coinbase Pro Joins the Party with DASH

While the crypto community eagerly awaits the influx of new assets, Coinbase Pro isn’t sitting on the sidelines. On September 14, a big announcement dropped: DASH token trading is officially on the table as of 9 AM PST on September 17. Unfortunately, if you’re in New York or the UK, you’ll have to wait a bit longer for your DASH dreams, with additional regions possibly being added later. But hey, good things come to those who wait, right?

Conclusion

To wrap it all up, Coinbase is not just sitting pretty; they’re continually evolving to accommodate the shifting tides of the cryptocurrency market. With the addition of Telegram and other innovative assets, it seems like Coinbase is gearing up for an exciting future. Be sure to keep an eye on this space – who knows what they might unveil next!