Coinbase to Open Wrapped Ronin Spot Trading, Adds MegaETH Deposit Support

Coinbase states that Wrapped Ronin spot trading has been delayed, with a new launch time for the WRON-USD pair to be announced later after the exchange had previously targeted May 1, subject to liquidity conditions.

RON
VIRTUAL

Summary

Coinbase said it delayed the launch of Wrapped Ronin (WRON) spot trading for the WRON-USD pair. The exchange stated on X that the opening time will be announced later, after previously indicating trading would begin after 00:00 Beijing time on May 1, subject to liquidity conditions. Earlier updates also included deposit address support for MegaETH (MEGA), with transfers still pending unlock, and website and app listings for Gensyn (AI) and Virtuals Protocol (VIRTUAL).

Terms & Concepts
  • Spot trading: Buying or selling an asset for immediate settlement, rather than through derivatives or delayed contracts.
  • Liquidity: The availability of buy and sell orders in a market, which helps trading occur smoothly without large price swings.