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.
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