Coinbase, the leading U.S. cryptocurrency exchange, has joined other major platforms in listing a new security-focused Ethereum (ETH) altcoin.
coinbase presentation Cryptocurrency project Safe (SAFE) announced on social media platform X that it has been listed as an “experimental asset” on the platform.
“Safe is now labeled ‘experimental’ on Coinbase.com and the Coinbase iOS and Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets.”
The platform uses experimental asset labels for tokens, which bring certain risks such as price fluctuations and order cancellations due to low trading volume and availability.
Bitrue, a Singapore-based cryptocurrency trading platform, also List You can safely trade starting April 25th.
“Bitrue will list secure and open trading for the SAFE/USDT spot trading pair. Listing Schedule:
- Deposit opening time: 10:00 April 24, 2024 (UTC)
- SAFE/USDT trading opening time: 8:00, April 25, 2024 (UTC).
- Withdrawal opening time: 10:00 April 26, 2024 (UTC).
- Coming soon: Stake GNO and SAFE and get up to 20% APR!”
Safety is also increasing listed On the Seychelles-based MEXC exchange.
“MEXC will list Safe in its ‘Innovation Zone’ and open trading for the SAFE/USDT trading pair. The specific timeline is as follows.
- Deposit: SAFE/USDT Trading Open: 2024-04-25 08:00 (UTC).
- Withdrawal date: 2024-04-26 08:00 (UTC).”
Safe is trading at $1.90 at the time of this writing, down 13.5% in the last 24 hours.
Safe (formerly Gnosis Safe) is the governance token of Safe Protocol, a decentralized financial custodian that aims to make Ethereum accounts into smart accounts for new use cases related to artificial intelligence, staking, gaming, payments, and easy login. .
Safe co-founder Richard Meissner Called,
“We believe that growing this ecosystem in a sustainable way requires governance and consensus. This is actually where Safe tokens come in. Being transferable makes this a real possibility because the Safe token represents the ecosystem, new people can join the ecosystem, and what the ecosystem has to offer. Security in how certain services run and whether certain modules, such as the extension modes used for smarter contracts, are or are not guaranteed to be secure.
Now that we’ve flipped the switch, we can now say, ‘Okay, let’s implement all of this.’”
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