Wrapping up Devcon4 – The Coinbase Blog

Last week, more than 3,000 blockchain engineers, thinkers and investors descended on the city of Prague for the 4th Annual Ethereum Developers Conference. The ethos of an open financial system was on full display as everyone came together to ideate on and solve some of the toughest challenges facing Ethereum and blockchains today. Here’s a quick look at some of the highlights from our week. DeFi SummitWe kicked off the week at DeFi Summit, the second event in a new series hosted by a number of startups building the new…

Buy and Sell BAT on Coinbase – The Coinbase Blog

Starting today, Coinbase supports the Basic Attention Token (BAT) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, send, receive, or store BAT, along with Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Litecoin, ZRX and USDC. BAT will be available for customers in most jurisdictions, but will not initially be available for residents of the state of New York. One of the most common requests we hear from customers is to be able to buy more assets on Coinbase. In September we announced a…

Bitcoin Cash Launch Retrospective – The Coinbase Blog

Launch of BCH Trading We announced our decision to support BCH trading on December 19, 2017. The following outlines the timeline of events that occurred: December 19, 2017 4:06 pm PST: We announced that GDAX would enable support for BCH trading on three new books: BCH-USD, BCH-EUR and BCH-BTC. In accordance with our Trading Rules these books opened in ‘post-only’ mode. This mode allows orders to be placed but not filled — establishing liquidity, encouraging price discovery, and mitigating the risk of a volatile market opening. 5:15 pm PST: We announced our…

Bitcoin Cash Trading Update – The Coinbase Blog

We wanted to provide our customers with an update on Bitcoin Cash (BCH) trading on GDAX. At 4:00pm PST on December 19, 2017, we launched three BCH order books on GDAX. All BCH order books opened in post-only mode, allowing customers to place open orders and establish liquidity. At 5:20pm PST, we enabled trading on the BCH-USD book. The BCH-EUR and BCH-BTC books remained in post-only mode. At 5:22pm PST, we paused trading in the BCH-USD order book due to significant volatility. Once paused, we cancelled resting orders and cleared…

SegWit – The Coinbase Blog

We wanted to give our customers an update on Bitcoin Segregated Witness (SegWit) transactions. While we plan to support SegWit in 2018, at this time we are focused on operating a secure and stable platform before implementing new features. We are excited to offer features that our customers want, but securely storing customer funds will always remain our top priority. Following security, we are committed to ensuring our exchange remains available and performant even during periods of peak activity. Many of our customers are asking for SegWit, and we hear…

Bitcoin Cash Trading Now Available on GDAX – The Coinbase Blog

We’re happy to announce that Bitcoin Cash (BCH) is now listed and available for trading on GDAX. We made the decision to list BCH by considering such factors as customer interest, developer support, network security, market capitalization, trading volume, and our Digital Asset Framework. You can read more about Bitcoin Cash on our FAQ page. The following order books have been created and will remain in post-only mode until there is sufficient liquidity for trading: BCH–BTC BCH–USD BCH–EUR Bitcoin Cash was created by a fork of the Bitcoin network on…

Announcing the GDAX Digital Asset Framework – The Coinbase Blog

We are excited to release the GDAX Digital Asset Framework. We believe the number of digital currencies and tokens will continue growing and contribute to creating an open financial system. To support this growth, GDAX will add assets which align with this framework and promote our mission of creating an open financial system for the world. The digital asset ecosystem has experienced significant growth over the last year. Since January 1, 2017, the total market capitalization of all digital assets has increased nearly 10x to reach a current valuation of…

Adding Ethereum ERC20 Support to GDAX – The Coinbase Blog

We’re pleased to announce our intention to support the Ethereum ERC20 standard on GDAX. This prepares GDAX to support trading of ERC20 assets, although we are not announcing support for any specific asset at this time. As detailed in our process for adding new assets, we are announcing this decision internally and to the public at the same time. What is the ERC20 standard? ERC20 is a technical standard used for Ethereum smart contracts. ERC20 assets have become a popular way for teams to quickly build interoperable contracts with a…