Altcoins
New security-focused Ethereum Altcoin goes live on Coinbase and other crypto exchanges
Coinbase, the leading US-based cryptocurrency exchange, lists a new security-focused Ethereum (ETH) altcoin, as well as other major platforms.
Coinbase announcement via social media platformON) has obtained a registration on the platform as an “experimental asset”.
“Safe is now available on Coinbase.com and in the Coinbase iOS and Android apps with the “experimental” label. Coinbase customers can log in to buy, sell, convert, send, receive, or store these assets.
The platform uses the experimental asset label for tokens that pose certain risks such as price fluctuations and canceled orders due to lower trading volume and availability.
Singapore-based cryptocurrency trading platform Bitrue is also SEO Secure for trading from April 25.
“Bitrue will list safe and open exchanges for the SAFE/USDT spot trading pair. Registration calendar:
- Repository opening time: April 24, 2024, 10:00 a.m. (UTC).
- SAFE/USDT trading opening time: April 25, 2024, 8:00 a.m. (UTC).
- Withdrawal opening time: April 26, 2024, 10:00 a.m. (UTC).
- Coming soon: bet on GNO and SAFE, earn up to 20% APR! »
The safe also becomes listed on the MEXC exchange based in Seychelles.
“MEXC will list Safe in the “Innovation Zone” and open trading for the SAFE/USDT trading pair. The specific schedule is shown below:
- Deposit: Open Trading SAFE/USDT: 2024-04-25 08:00 (UTC).
- Withdrawal: 2024-04-26 08:00 (UTC).
Safe is trading at $1.90 at the time of writing, down 13.5% in the last 24 hours.
Safe – formerly Gnosis Safe – is the governance token of decentralized financial custodian Safe Protocol, which aims to create smart Ethereum accounts for new use cases involving artificial intelligence, staking, gaming, payments and connections easier.
Richard Meissner, co-founder of Safe said,
“We believe that to develop this ecosystem in a sustainable way, you need a certain governance, a certain consensus. And that’s really where we see the Safe token can come in. And as it becomes transferable, that’s where it becomes possible to really do it because the Safe token represents the ecosystem, of new people can also join the ecosystem, and the ecosystem can provide security on the functioning of certain services, on the functioning of certain modules, which is like this extension mode that we use for smarter contracts, like s ‘they are secure or not to give guarantees.
Now that we’ve flipped the switch, we can really start to say, Okay, let’s implement all of these things. »
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