The major United States-based digital currency exchange Coinbase Pro has announced to list CELO the native cryptocurrency of Celo the well-known blockchain platform. Only a day after this listing announcement of the Coinbase Pro exchange, the price value of CELO has skyrocketed by securing larger gains and reached a new all-time high value.
Coinbase Pro is listing CELO token
According to a blog post announcement made by the cryptocurrency exchange Coinbase Pro, the exchange is going to list Celo’s CELO token on its trading platform. As per the announcement, the crypto exchange will start accepting deposits of the CELO token from Monday, August 31, 2020. Users can transfer their CELO coins into their Coinbase Pro accounts on the coming Monday.
However, the trading of CELO is expected to begin at 9 am PT on that particular day or on the 1st of September. According to the official blog post, the exchange has announced to support only four trading pairs for CELO initially. These trading pairs are CELO/BTC, CELO/USD, CELO/EUR, and CELO/GBP. Users can trade their CELO tokens against these trading pairs on the platform of the Coinbase Pro exchange.
Apart from CELO, the US-based digital currency exchange has listed various other coins recently. These include the governance token of the Compound protocol’s COMP, OmiseGo (OMG), Maker (MKR), Band protocol’s BAND token, and Numeraire (NMR). Moreover, the company aims to add more digital currencies in the future to expand its trading platform.
The exchange said in the announcement post:
“One of the most common requests we receive from customers is to be able to trade more assets on our platform. Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time.”
CELO’s Price surged high after the announcement
This listing announcement made by the Coinbase Pro exchange has boosted the price value of the CELO token. Just a day after this announcement, the price of CELO has surged high to reach a new all-time high.
The coin gained 55% during the last 24 hours and registered an all-time high value above the $2.70 mark. The price value of CELO is still up by 42.44% in 24 hours while trading at around $4.09 at the time of writing.
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