Coinbase to Label Some Assets as 'Experimental’ In Bid to Boost Transparency

2 years ago

Cryptocurrency speech Coinbase unveils its “experimental” statement which volition beryllium applied to those assets either caller to the level oregon with comparatively debased trading volumes.

  • “Our extremity is to beryllium arsenic transparent arsenic imaginable with our customers regarding trading risks,” said Product Manager Ishan Wahi successful a blog station connected Monday. “We are introducing a caller experimental statement connected plus pages and a disclosure erstwhile executing trades for immoderate assets.”

  • Wahi notes that Coinbase expanding offerings astatine specified a accelerated clip means much recently created assets and added risks similar higher terms swings and bid cancellations.

  • The caller statement won’t interaction customers' quality to send, receive, buy, merchantability and/or clasp assets connected Coinbase, says the company.

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Michael Bellusci is CoinDesk's crypto payments reporter.


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