Coinbase to List BNB Token on BNB Smart Chain Network
Coinbase will add BNB support on the BNB Smart Chain, launching a BNB-USD trading pair in supported regions once liquidity requirements are fulfilled.
BNB
Summary
According to Coinbase’s official announcement, the exchange will add support for BNB token transfers on the BNB Smart Chain. Once the required liquidity conditions are met, a BNB-USD trading pair will launch in supported regions, expanding Coinbase’s offerings in the crypto market.
Terms & Concepts
- BNB Smart Chain: A blockchain network developed by Binance for running smart contract-based applications, optimized for performance and low transaction fees.
- Liquidity Conditions: Specific market depth and trade activity requirements that must be met before enabling trading of a new asset.