by BSC News
June 6, 2022
With the new integrations of the BSC and AVAX networks, the number of supported tokens will reach thousands.
Coinbase, one of the most prominent crypto exchanges globally, has added BNB Chain and Avalanche to its list of supported networks for the Coinbase Wallet, where users can store and swap cryptocurrencies.
“Not only will trading expand, but we’re also planning to add support for network bridging, allowing you to seamlessly move tokens across multiple networks,” Coinbase mentions in the announcement Medium article.
Coinbase is one of the oldest cryptocurrency exchanges in the world. The exchange was founded by Brian Armstrong and Fred Eshram back in 2012. While Armstrong remains at the helm of the exchange as the CEO, Eshram left the company in 2017 but still owns 6% of the equity and serves on the board of directors. Coinbase (COIN) became the first cryptocurrency firm and exchange to trade on Nasdaq starting on April 14, 2021. The stock has even briefly surpassed a market capitalization of $100 billion, although its market cap is just over $15 billion at the time of writing.
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