Coinbase Custody Adds Support for Nine Ethereum (ETH)-Based Altcoins, Spurring Small Price Jump

Coinbase Custody Adds Support for Nine Ethereum (ETH)-Based Altcoins, Spurring Small Price Jump


Crypto exchange Coinbase is expanding its custodial services with the addition of 9 Ethereum (ETH)-based altcoins and two other digital assets to its roster.

In a statement, America’s largest crypto exchange by volume says that Coinbase Custody now supports Automata (ATA), DexTools (DEXT), Elastos (ELA), Gnosis (GNO),  Inverse Finance (INV), Loom Network (LOOM), Lattice (LTX), Mina Protocol (MINA), Mango (MNGO), Shping and Lido wstETH (wstETH).

Coinbase says that the availability of the newly-supported crypto assets may be restricted based on custodian entity and customer jurisdiction.

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The announcement prompted rallies in most of the newly-supported altcoins.

Over the past 24 hours, ATA is up by 8.18%, DEXT by 6.24%, GNO by 3%, INV by 9.46%, LOOM by 6.78%, LTX by 4.51%, MINA by 7.81%, MNGO

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