By Hassan Mehmood (Saudi Arabia)
The prominent crypto exchange called Coinbase Pro has added support for Stellar (XLM), Chainlink (LINK) and Algorand (ALGO) for traders and investors based in New York.
The exchange is one of the largest platforms for holding, buying and selling cryptocurrencies. They offer wallet to store digital assets as well. It is expanding its range to every corner of the globe. It was supposed that major tokens were not available to US users due to some regulatory issues.
The Coinbase had support for these digital assets but not for users and customers present in New York. Now they have decided to open their doors to users from this specified area to enjoy the services for the given coins.
Chainlink (LINK)
The Chainlink (LINK) was added on June 26 on the platform. However, it was restricted to the US due to some regulatory problems but now the restrictions are no more there and traders have full access over LINK. The current rate of LINK is revolving around the figure of $1.73.However, it has not shown a satisfactory movement but it increased by 1.39% in the past 24 hours.
Stellar (XLM)
It is worth noted that Stellar (XLM) had made its position on Coinbase on 23 March. But at that time it was not accessible to all the users of the exchange and was confined to some regions of the world. It has officially announced that a new region will have full control over it and that region is New York. Stellar has shown a good recovery of almost 10% after this decision.
https://twitter.com/CoinbasePro/status/1176991546232541184
Algorand (ALGO)
Algorand (ALGO) was also included in the list that was announced in the official statement of Coinbase. Like other the two above tokens, it was added on the platform on 14 August but not for this specific region but now it is available.
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