Coinbase, on April 18, announced the addition of the Augur (REP) token to its digital assets list on its consumer trading platform and mobile apps, expanding what is a quickly growing list of available assets on the exchange. The token’s price surged 13% following the development.
Augur (REP) is launching at https://t.co/iQARfi557o and in the iOS and Android apps within the next 15 minutes. You may need to update your app to properly buy and sell REP. We will update when REP is fully live. https://t.co/7iGrCEfxGn
— Coinbase (@coinbase) April 17, 2019
As has been the case, the token will be available in all valid jurisdictions, with the exception of New York. While some tokens undergo a phased listing process, the REP token is available for full trading right from the get go.
Augur is a prediction marketplace platform that allows user to apportion their REP tokens to the end of making a correct report on all sorts of events and questions, and correct reporting rewards the user with more REP tokens.
Coinbase Expanding and Adding Features
Coinbase is one of the most popular exchanges in the world and in a bid to compete with the likes of Binance, which is popular among Asian investors, the exchange has been adding new features and supporting crypto-to-crypto trading in more countries. On the same day that REP was listed, Coinbase revealed that they now support crypto-to-crypto trading in 11 more countries, including New Zealand, South Korea and India.
The exchange has begun offering cross-border payments services, using Ripple’s XRP, and adding several more tokens, though several users have lost trust in the exchange following the Neutrino scandal and increase in exchange fees.
