Coinbase listing opens EOS to millions of retail investors

Published on by Cryptoslate | Published on

Coinbase added EOS to its retail platform and mobile apps.

The move will provide market access to the cryptocurrency for millions of retail investors.

EOS represents the largest altcoin added to the Coinbase retail platform since XRP was added this February.

Coinbase has continued to aggressively list new crypto assets.

Once considered the "Conservative" crypto exchange stemming from the measured pace at which it added new coins, likely to adhere to more restrictive U.S. regulations.

Starting late last year the exchange changed its strategy to list a greater number of coins.

The change in strategy is possibly a response to Coinbase's weakening market position.

In terms of percentage of total volume, U.S. exchanges including Coinbase are losing market share to the now dominant Binance.

Since September of 2019 Coinbase has listed 15 different crypto assets.

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