Cryptocurrency exchange Coinbase has announced that it will add three new altcoin projects to its list. Coinbase has announced that it will add support for SuperRare (RARE), TE-Food (TONE), and Kyber Network Crystal (KNC).
Coinbase adds support for two altcoins: RARE and TONE
Coinbase, one of the world’s leading cryptocurrency exchanges, continues to expand its lists. Coinbase is adding support for two new altcoins, as reported by Kriptokoin.com. With its latest announcement, the exchange announced that it will add support for SuperRare (RARE). Coinbase also noted that it will add support for TE-Food (TONE) with its experimental tag. The cryptocurrency exchange made the following statement in its post on its Twitter account:
Coinbase will add support for SuperRare (RARE) and TE-Food (TONE) on the Ethereum network (ERC-20 token). Do not send this asset over other networks. Otherwise, your money may be lost.
The cryptocurrency exchange reported that trading will begin on or after 09:00 PT on August 2, 2022, if liquidity conditions are met. He also noted that once the sufficient supply of these assets is provided, trading on RARE-USD, RARE-USDT, TONE-USD and TONE-USDT pairs will begin gradually. However, he reminded that RARE and TONE support may be restricted in some supported jurisdictions.
At press time, SuperRare (RARE) was trading at $0.3412, up 11.57% on a daily basis. TE-Food (TONE) has increased by more than 5% in the last 24 hours. Meanwhile, the leading crypto Bitcoin and the leading altcoin Ethereum fell in the same time frame. A very successful performance for RARE and TONE in this environment.
Cryptocurrency exchange will upgrade for Kyber Network Crystal (KNC)
Meanwhile, Coinbase is doing an upgrade for the Kyber Network Crystal (KNC). On the subject, the cryptocurrency exchange made the following statement:
Coinbase will begin an upgrade for the Kyber Network Crystal (KNC). During this time, the exchange will pause deposits and withdrawals for KNC. However, KNC trading will not be affected. Do not try to deposit KNC during this time! Because this will cause loss of money.
Coinbase plans this work on the upgrade to take approximately 24 hours. The cryptocurrency exchange will restart deposits and withdrawals after the run. Coinbase also stated that updates on the study will be released continuously.
The stock market also made a reminder. It noted that it will support KNC after the upgrade is complete with the contract address 0xdefa4e8a7bcba345f687a2f1456f5edd9ce97202. However, he also warned that older versions of KNC submitted to Coinbase after the upgrade is complete will result in a loss of money.
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