Summary
Coinbase International Exchange will be adding Polkadot (DOT), Internet Computer (ICP), and NEAR Protocol (NEAR) to its list of supported altcoins. The goal is to provide users with access to a wider range of cryptocurrencies. The addition of these altcoins reflects Coinbase’s recognition of their potential and the importance of innovation in the crypto market. However, it remains to be seen if their inclusion will impact their prices.
Key Points
1. Coinbase International Exchange is adding three altcoin derivatives to its platform: Polkadot (DOT), Internet Computer (ICP), and NEAR Protocol (NEAR). This expansion aims to provide users with access to a wider range of innovative cryptocurrencies.
2. The launch of these altcoin derivatives, scheduled for February 22, 2024, marks a significant milestone in Coinbase’s journey to embrace altcoins. The opening of DOT-PERP, ICP-PERP, and NEAR-PERP markets demonstrates Coinbase’s vision to diversify its offerings.
3. Despite Coinbase’s announcement, the prices of Polkadot, Internet Computer, and NEAR Protocol have declined in the last 24 hours. DOT, ICP, and NEAR have experienced drops of 2.69%, 4.05%, and 4.99% respectively. It remains to be seen if the inclusion of these altcoins in Coinbase’s offerings will affect their prices.