The latest tweet from major cryptocurrency exchange Coinbase could be hinting at some big potential token listings. Covered: Coinbase Potential Exchange Listing The Case for BNB The Case for FTM WeBull Fantom Listing As the crypto markets struggle to find support, more investors are turning away from the news to look for the next big […] The post Coinbase Could Be Opening Up To Fantom and Binance Smart Chain appeared first on CryptosRus.

Coinbase Could Be Opening Up To Fantom and Binance Smart Chain

The latest tweet from major cryptocurrency exchange Coinbase could be hinting at some big potential token listings.

Covered:

  • Coinbase Potential Exchange Listing
  • The Case for BNB
  • The Case for FTM
  • WeBull Fantom Listing

As the crypto markets struggle to find support, more investors are turning away from the news to look for the next big opportunity. Many tokens, like Fantom (FTM) and Binance Coin (BNB), have struggled to gain listings on Coinbase, but the most recent tweet from the crypto exchange could be a subtle hint at future listings.

Coinbase Potential Exchange Listing

In the midst of the market downturn, Coinbase is showcasing the crypto company’s new digital wallet, which has support for a variety of blockchains besides Ethereum.

As you can see, Arbitrum, Avalanche, Binance Smart Chain (BSC), Fantom, Optimism, Polygon, and xDai have all become a part of the Coinbase wallet network. 

While Coinbase has already listed Avalanche (AVAX) and Polygon (MATIC), Binance Smart Chain and Fantom stick out as two highlights on this list, while other decentralized finance (DeFi) platforms like Arbitrum and Optimism lack their own native token.

We’ve yet to see a Binance Coin or Fantom listing on the platform, which isn’t a surprise, as Coinbase upholds strict guidelines on the tokens that gain an exchange listing. However, back in June of this year, Coinbase CEO Brian Armstrong reminded us that Coinbase wants to list every asset where it is legal to do so.

Despite the fact that Coinbase listings are typically paired with a solid price pump from the token, Armstrong clarifies that token listings are not endorsements.

 

The Case for BNB

Binance is one of the heaviest hitters in the crypto game, and the actions of the exchange carry a lot of weight for other competitors like Coinbase. In similar fashion to Facebook’s recent move to enter the metaverse, Binance’s usual “shoot first, aim second” approach has crypto exchanges and global regulators thinking twice before getting involved with the platform. 

However, more acceptance and traction is in the works for Binance. After Coinbase went public back in April, Binance CEO Changpeng Zhao (CZ) announced that Binance.US is set to go public in the next three years. The recent announcement from Coinbase wallet could just be hinting that the gap between BSC and Coinbase may be closing.

Additionally, Coinbase seems to have opened up to other exchange tokens in recent weeks. Last month, the popular exchange added both Crypto.com coin (CRO) and Voyager token (VGX) to its offerings.

The Case for FTM

Fantom is another token that’s been on Coinbase users’ wishlist for a while now. Its native token FTM has garnered acceptance from other top exchange competition, such as Gemini, Crypto.com, FTX, Binance, and even the traditional stock trading platform WeBull announced a Fantom listing today.

From all the recognition across multiple major exchanges, FTM holders have been patiently waiting for the highly-coveted Coinbase listing. While nothing direct has been stated, the recent hint from Coinbase wallet could be teasing a Fantom listing right around the corner. 

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