Aave (AAVE), Bancor (BNT) and Synthetix (SNX) launch on Coinbase Pro | by Coinbase | Dec, 2020

Starts Today Monday December 14, transfer AAVE, BNT and SNX into your Coinbase Pro account before trading. Support i AAVE, BNT and SNX available in all jurisdictions supported by Coinbase, except New York State. Trading will start on or after 9AM Pacific Time (PT) Tuesday December 15, if liquidity conditions are met.

One of the most common requests we receive from customers is to be able to trade more assets on our platform. In line with the terms of our listing process, we anticipate supporting more assets that meet our standards over time. Most recently we have added trading support for Filecoin (FIL), NuCypher (NU), Wrapped Bitcoin (WBTC), Balancer (BAL), Ren (REN), Uniswap (UNI), yearn.finance (YFI), Loopring ( LRC), UMA (UMA) Celo (CGLD), Numeraire (NMR), Band (BAND), Compound (COMP), Maker (MKR) and OmiseGo (OMG), as well as supporting additional European and UK order books. Coinbase continues to explore support for new digital assets.

Starting immediately, we will begin receiving transfers in from AAVE, BNT and SNX in Coinbase Pro. Trading will start on or after 9AM Pacific Time (PT) Tuesday December 15, if liquidity conditions are met.

Once an adequate supply of AAVE, BNT and SNX established on the platform, trading on our AAVE-USD, AAVE-BTC, AAVE-EUR, AAVE-GBP, BNT-USD, BNT-BTC, BNT-EUR, BNT-GBP and SNX-USD, SNX- BTC, SNX -EUR, SNX-GBP order books will launch in three phases, back-only, limit-only and full trading. If at any time one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for longer or suspend trading in accordance with our Trading Rules.

We will publish tweets from our website Coinbase Pro Twitter account as each order book moves through the phases.

Aave (AAVE) is an Ethereum-powered sign Aave, a decentralized prison-free money market protocol where consumers can participate as depositors or lenders. Depositors provide liquidity to the market to earn passive income, while lenders can borrow cryptocurrencies in exchange for paying a variable interest rate.

Bancor Network Ticket (BNT) is an Ethereum sign that powers the Bancor protocol. The protocol describes itself as “a fully-chain liquidity protocol that can be implemented on any smart contract-enabled blockchain.”

Synthetix Network Ticket (SNX) is an Ethereum sign powering Synthetix, a decentralized synthetic asset publishing protocol. Synthetic assets are mined when token holders participate in their SNX as collateral using Mintr, a decentralized application for interaction with Synthetix contracts. The protocol currently supports synthetic fiat currencies, cryptocurrencies and commodities.

Take note of that AAVE, BNT and SNX not yet available on Coinbase.com or through our Consumer mobile apps. We will make a separate announcement if and when this support is added.

You can sign up for a Coinbase Pro account here to start trading. For more information on trading AAVE, BNT and SNX on Coinbase Pro, visit our support page.

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