Coinbase to Label Some Assets as ‘Experimental’ In Bid to Boost Transparency

Coinbase to Label Some Assets as ‘Experimental’ In Bid to Boost Transparency
0

Coinbase to Label Some Assets as 'Experimental’ In Bid to Boost Transparency

Cryptocurrency exchange Coinbase unveils its “experimental” label which will be applied to those assets either new to the platform or with relatively low trading volumes.

  • “Our goal is to be as transparent as possible with our customers regarding trading risks,” said Product Manager Ishan Wahi in a blog post on Monday. “We are introducing a new experimental label on asset pages and a disclosure when executing trades for some assets.”
  • Wahi notes that Coinbase expanding offerings at such a fast clip means more newly created assets and added risks like higher price swings and order cancellations.
  • The new label won’t impact customers’ ability to send, receive, buy, sell and/or hold assets on Coinbase, says the company.

Read more: Coinbase Says Crypto Markets Resilient After Russian Invasion of Ukraine

Click to rate this post!
[Total: 0 Average: 0]

Join Our Newsletter

Sign up for free now and be the first to know about new updates.

Write a Comment