Coinbase Expands Trading Options in New York, Supports CORE, LDO, SAFE, and VELO

IconCryptoNewsTerminal Staff05 Sep, 2024

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Coinbase Expands Trading Options in New York, Supports CORE, LDO, SAFE, and VELO

Coinbase, the largest cryptocurrency exchange in the United States, recently announced via its official Twitter account that it will support trading, deposits, withdrawals, transfers, and custody of the following tokens for users in New York: Core (CORE), Lido (LDO), Safe (SAFE), and Velodrome Finance (VELO). This expansion is a significant move for Coinbase, as it allows users in New York to access a wider range of digital assets. Previously, New York residents were only able to trade a limited number of cryptocurrencies on Coinbase, including Bitcoin, Ethereum, and Litecoin. The addition of CORE, LDO, SAFE, and VELO to Coinbase's platform is likely to be welcomed by New York residents who are interested in these tokens. CORE is a scalable blockchain platform, LDO is the governance token for the Lido liquid staking protocol, SAFE is a privacy-focused cryptocurrency, and VELO is a decentralized exchange token.