Nexus (NEX) Goes Live on Coinbase for Trading and Wallet Services

Coinbase says Nexus is now live on Coinbase.com, the Coinbase app, and Coinbase Exchange, with NEX-USD and USDC trading pairs enabled after earlier deposit addresses were available before transfers were credited.

USDC

Summary

Coinbase has expanded support for Nexus (NEX) from an initial stage in which users could generate deposit addresses but deposits were not credited until transfer functionality was enabled, to full availability across its retail platforms and Coinbase Exchange. According to Coinbase, customers can now buy, sell, convert, send, receive, and store NEX on Coinbase.com and in the Coinbase app, while Coinbase Exchange has enabled full trading for NEX-USD and USDC pairs. The newer report also references WRON-USD trading on Coinbase Exchange, but no additional launch timing, market data, or jurisdiction-specific restrictions were provided.

Terms & Concepts
  • Transfer functionality: The ability for a token to move between wallet addresses on its blockchain network, enabling deposits, withdrawals, and other onchain transfers.
  • Trading pair: A market that lets users exchange one asset for another, such as a token against the U.S. dollar or a stablecoin.
  • Deposit address: A blockchain wallet address assigned by an exchange so users can send a specific digital asset into their account.