Coinbase, a US-based cryptocurrency exchange, is expanding support for a prominent Ethereum competitor across all of its platforms.
Customers of the digital asset exchange can now trade, send, receive, and store AVAX, the native token for the Avalanche smart contract platform, on Coinbase.com and in the Coinbase Android and iOS apps. The asset was listed on Coinbase Pro earlier this week.
According to CoinGecko, AVAX is currently trading at $68.48, up nearly 5% in the last 24 hours. The 12-ranked asset by market cap has risen 1482.5% in the last year.
The Avalanche Foundation announced earlier this month that it had raised $230 million in a private token sale to fund decentralized finance (DeFi), enterprise applications, and other projects on its ecosystem.
Coinbase CEO Brian Armstrong stated this summer that the exchange was working hard to list as many altcoins as possible.
The cryptocurrency exchange recently added support for the following cryptocurrencies:
Rari Governance Token (RGT)XYO Network (XYO)DerivaDAO (DDX)DFI.money (YFII)Radicle (RAD)COTI (COTI)Axie Infinity (AXS)Request (REQ)TrueFi (TRU)Wrapped Luna (WLUNA)Harvest Finance (FARM)Fetch.ai (FET)Paxos Standard (PAX)Polymath Network (POLY)Clover Finance (CLV)Mask Network (MASK)Rally (RLY)BarnBridge (BOND)Livepeer (LPT)Quant (QNT)Braintrust (BTRST)Horizen (ZEN)Shiba Inu (SHIB)Adventure Gold (AGLD).