The US based cryptocurrency exchange company, Coinbase, has announced support for EOS crypto assets on its platform. Due to the development, users of the currency are now granted the ability to buy, sell, convert, send, receive, or store EOS on the exchange platform.
Although the addition of the crypto coin to the platform is designed to allow customers trade in most locations, but developmental update declared that residents of the United Kingdom and state of New York will initially not have access pending the time other jurisdiction are added.
Coinbase revealed that the addition of EOS was birthed by requests from customers. Customers of the exchange reportedly requested the platform to add more coins purposely for trading.
While this is tagged an excellent news for EOS, Coinbase remains an important exchange in the crypto space, and most coins in the ecosystem are willing to find their ways on the platform.
The crypto market is performing very well at the moment and most coins are trading high in the market. As Coinbase listing for any coin is known to have a bull run effect on the coin, EOS is expected to see massive price rise in the next few days.