Coinbase is listed in the currency, and nearly 100 crypto asset exchanges will be added in 2021.

DeFi projects, decentralized exchange tokens, stability coins and NFT games. What is supporting Coinbase's active listing this year?

Currently, Coinbase has 139 tradable assets. In 2021, the exchange added 83 assets to its list of companies, nearly double the assets it has stored in the eight years since its inception.

Is this rapid expansion a simple "gold absorption effect"? Is there any security in the lower tokens? Is this behavior irresponsible or desirable? What does the rapid expansion of Coinbase's assets mean?

The best gold?

I think the answer to your first question is obviously "no!" Coinbase makes a lot of money from exchange rates, but extends its legacy not just for the money. Coinbase started out as a small booth at the “I Just Want To Meet Customer Needs” conference, promoting T-shirts and stocking Bitcoin (BTC) wallets. Coinbase is now the second largest cryptocurrency exchange in the world.

Traders do something, accomplish, sell and advance, but 8 years ago in a small forum Coinbase founder and CEO Brian Armstrong was working, and still works for Coinbase today. Exchanges, including Armstrong, adhere to key benefits such as free trade, asset rights, and better international commerce, and only create consumer needs (personal feelings).

In early June of this year, Armstrong posted tweets, indicating that Coinbase had changed the way it went public. Finally, Coinbase has moved from an internal consensus-based process to one that is more pragmatic than the other. This new approach allows investors to determine which assets are the most valuable. This is what businesses do. The caveat is that even when they come across the names of Coinbase, people should do their research rather than trusting their eyes.

Stocker?

Coinbase recognizes and recognizes its leadership role in bringing new rules that will benefit the new market. The resulting exchanges recognized their important role in the cryptocurrency space and worked hard to comply with the rules. Therefore, it is not a good idea for Coinbase to list assets that could affect regulators. In the United States, "unrecognized" investors are prohibited from investing in jobs at an early stage.

Although the Department of Securities and Exchange has fixed coin stability as a safety measure, Coinbase's registration procedures continue almost weekly. Certain assets are potentially added to Coinbase's business partners and are considered securities by the United States Securities and Exchange Commission. However, the current problems under the name of "protection trader" can be eliminated. The strict activities of Coinbase are based on the freedom of commerce, the powerful tools and the main benefits sponsored by Coinbase, and also reflects the privacy policy discussed.

As Melissa Strait, CFO of Coinbase, points out:

"We have always believed that if cryptocurrencies are to get the legitimacy they need to be adopted, they have to think about compliance first and that should be the foundation of our industry."

He added, "I firmly believe that for cryptocurrencies to be widely recognized, they must establish relationships with the regulators and regulators of the crypto ecosystem."

Almost all of the assets associated with Coinbase this year are ERC-20 tokens on the Ethereum network. Why? This is because they are considered "sufficient". This statement was removed from the June 2018 speech by William Hinman, former director of financial institutions at the Securities and Exchange Commission. As long as an asset achieves a similar level of decentralization, it is illegal and temporarily considered insecure. Thanks, Hinman!

No responsibility or desire?

During research on this topic, the authors found that Coinbase is very reliable and process-oriented. Given its success, this is absolutely true. The Coinbase team made the decision to understand the legal environment in which the exchange operates and to follow the rapidly growing market. Armstrong said he hopes to gain 1 billion more subscribers. It is a real ambition. But isn't that too much? If you believe in a free and open source system, you never will.

Coinbase claims to be “agnostic” on paper. In other words, Coinbase doesn't decide which tasks are listed, but rather rewards developers who complete each box in the signup process. The integration of operations into the Coinbase platform is important. After all, signing up with Coinbase seems like a big deal.

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Coinbase listed 16 DeFi trades in 2021. This is not shocking. Tier 1 projects took second place with 12. This isn't surprising, as everyone wants to be the next generation of Ethereum. In three places are 8 decentralized exchange tokens, and in four are stability coins and NFT games with 7 projects each. The fifth is the second phase of the Ethereum project.

Coinbase has increased the accelerator this year. The authors themselves believe this is a good promise for the entire industry. Coinbase provides its customers with the services they want. More and more options for finding gems. At the end of the day, it's up to everyone to do their thing out of passion. Some have called it a “best consumer” platform, and it now provides access to a huge amount of assets. Freedom of choice is a responsibility. Of course, you have to choose the right one. Otherwise, you will find that the SEC must make a choice.