Starting today, Kryll (KRL), LCX (LCX) and OriginTrail (TRAC)are available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store KRL, LCX and TRAC in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro.
Kryll (KRL) is an Ethereum token that powers Kryll, a platform for automated trading strategies. Kryll users can browse, create, and backtest trading strategies while using KRL to pay for their activity on the platform.
LCX (LCX) is an Ethereum token used to pay for fees on LCX Exchange, a centralized exchange for security tokens, token sales, and cryptocurrencies. LCX is also used to power other LCX products such as the LCX Terminal, which lets users trade across multiple exchanges, and the DeFi Terminal, which offers advanced charting and limit orders built on top of Uniswap.
OriginTrail (TRAC) is an Ethereum token that powers OriginTrail, which describes itself as a “decentralized knowledge graph.” OriginTrail is used to discover, manage, and store data for everything from supply chain tracking to verifying art, diplomas, and business certifications. TRAC token is used to pay for data processing and storage on the network.
One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. We announced a process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see KRL, LCX and TRAC), as well as a new section of the Coinbase website to answer common questions about crypto.
Customers can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store e Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store KRL, LCX and TRAC today.
Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.
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Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.
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Kryll (KRL), LCX (LCX) and OriginTrail (TRAC) are launching on Coinbase was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.