Back

Coinbase Introduces Support for Spark (SPK) Token on Ethereum Network

Coinbase has officially announced the addition of Spark (SPK) support on the Ethereum network, with trading contingent on liquidity conditions.

ETH

Summary

Coinbase has officially announced support for the Spark (SPK) token on the Ethereum network, labeling it as 'Experimental.' The SPK-USD trading pair is set to begin later today, subject to liquidity conditions. Users are advised against sending SPK through non-ERC-20 networks to avoid potential loss of funds.

Terms & Concepts
  • Spark (SPK) token: A cryptocurrency token that operates on the Ethereum network, which has been recently supported by Coinbase.
  • ERC-20: A standard for creating tokens on the Ethereum blockchain, ensuring compatibility with various wallets and exchanges.
  • liquidity conditions: The availability of sufficient trading volume and market depth to facilitate the buying and selling of assets without significant price changes.