- SAND will be available for trading on Coinbase.
- The SAND has risen by more than 18% in the last seven days.
Today, Coinbase the United States, largest cryptocurrency exchange by trading volume has announced that The SandBox (SAND) started trading on their platform.
The Sandbox will be supported by Coinbase in the regions where trading is supported. Transactions for this asset are now available on Coinbase and Coinbase Exchange.
Coinbase stated that
We only support SAND on the Ethereum network (ERC-20 token) at this time. Do not send this asset over other networks or your funds may be lost.
The Sandbox (SAND) is now live on https://t.co/CD3RBjtMAO & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store these assets. https://t.co/676miKRrfh pic.twitter.com/yUEH44p1MV— Coinbase Assets (@CoinbaseAssets) May 26, 2022
Being listed on Coinbase expands SAND’s reach beyond the United States, to over 100 countries where Coinbase operates. Coinbase has a total of 98 million verified users, 13,000 institutions, and 230,000 Ecosystem partners around the world.
The SandBox (SAND)
SAND is an Ethereum-based ERC20 coin that is used in the Sandbox metaverse game space, it allows users to create, build, purchase, and sell digital assets. The Sandbox develops a decentralized platform for a strong gaming community by combining the powers of decentralized autonomous organizations (DAO) with non-fungible tokens (NFTs). Also SAND will function as a governance token for future participation in The Sandbox’s game activities.
In January, The Sandbox announced a collaboration with Warner Music Group to build the metaverse’s first-ever music-themed world. Also in March SandBox was joining with HSBC, a British banking giant, to expand the footprint of esports in the metaverse.
According to Coinbase SAND currently trading at $1.29 with a market cap of 1.6 billion and a trading volume of $991.8 million.