Support for Hedera Will Be Included in Coinbase

Support for Hedera Will Be Included in Coinbase
  • The price of HBAR increased in the last five days.
  • Coinbase will add support for Hedera on the Hedera Network.

The last five days have seen an increase in the price of Hedera (HBAR). HBAR was trading at $0.0688 at the time of writing, up 7.96% over the previous day. On the Hedera network, Coinbase has declared that it would introduce support for Hedera .

Coinbase Stated :

 Trading will begin on or after 9AM PT on 13 September 2022, if liquidity conditions are met. Once sufficient supply of this asset is established trading on our HBAR-USD and HBAR-USDT trading pairs will launch in phases.

Coinbase to Incorporate Hedera Into Its Roadmap

Coinbase recently declared that Hedera (HBAR) has been added to its roadmap. Hedera is still in the clear because a Coinbase listing would raise awareness of the company.  The HBAR network promotes security and compliance, claims the exchange. The token is typically used by its holders to carry out network fee payments or take part in staking. 

To give customers the option of depositing and withdrawing Hedera (HBAR) on the platform, Uphold, a digital money platform with over 1.7 million users, announced the integration of Hedera (HBAR) last month. As long as they adhere to the organization’s rules, Coinbase CEO Brian Armstrong stated earlier this month that the exchange aspires to include as many crypto assets as possible.

 According to Coinbase, To increase openness and prevent potential preemption of its listing intentions, the base of coins designed its 2022 listing roadmap.

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