The virtual currency market has thousands of cryptocurrencies with different functions and blockchains. Some of these are very useful while others do not have real use cases. There are several platforms like Coinbase that list new cryptocurrencies and coins.
Last week, Coinbase decided to present a new Digital Asset Framework to list new virtual currencies. In the past, this famous platform has not listed several cryptocurrencies. He had a very difficult structure to list the new resources. In fact, it has only five listed cryptocurrencies: Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum (ETH) and Ethereum Classic (ETC).
The latest framework presented by Coinbase aims to increase the speed of the new listing on the platform, but always paying attention to its reputation. In the last year there have been several scams in cryptographic space like BitConnect. Clearly, companies like Coinbase would never allow activities like BitConnect Coin.
There are some virtual currencies that could be added to the platform in the near future, including Cardano, EOS, Tron, IOTA, 0x and many others.
Cardano is one of the candidates because it has an intelligent contract platform that is used by several developers and is in the top 10 of cryptocurrency projects by market capitalization. In the past, Coinbase has shown interest in listing the ADA cryptocurrency, so it may be one of the next cards in the future.
EOS is currently the fifth blockchain and cryptocurrency by market capitalization. Surprisingly it surpassed other cryptographic projects like Litecoin or Stellar. EOS has a very large project with several developers working around it and with a community distributed around the world.
At the same time, EOS presents several decentralized applications that are more widely used than other Ethereum dApps. Of course, this could be one of the next additions to Coinbase.
Tron is another candidate. Tron has worked in recent months to create a blockchain to support a decentralized Internet. He also acquired and integrated BitTorrent. In the near future, they will make the BitTorrent platform simpler. Furthermore, it has a very active community.
IOTA could also be added to the platform in the near future. The currency is used for the Internet of Things (IoT) industry and has signed several partnerships with major companies such as Bosch or Volkswagen. At the same time, they have developed their own programming language for programmers.
Furthermore, 0x is also a probable list. There are some reports that say there have been some meetings between managers 0x and Coinbase. The company could use the 0x protocol and take advantage of it.
0x is one of the most important virtual currencies in the market, although it has a market capitalization lower than that of the projects mentioned above.
Coinbase is one of the most important companies and platforms on the market. The last two times that added a virtual currency (Bitcoin Cash and Ethereum Classic), both recorded a rise in prices in the market. Coinbase is also in touch with regulatory agencies seeking to comply with all the rules these institutions apply.
Another important cryptocurrency that could be listed is XRP. The community is very enthusiastic about this possibility. In the last year, the XRP community believed it would be added to Coinbase. However, until now, there is no official information about it.