Coinbase to list AURORA, NEAR, and MXC, according to its listing roadmap

    01 Sep 2022

    Leading crypto exchange Coinbase is officially launching trading services for three digital assets – Aurora (AURORA), Near Protocol (NEAR), and Meta X Connect (MXC) – that were recently added to its listing roadmap.

    According to a recent announcement, Coinbase says that Aurora (AURORA) will be available with the “Experimental” label, which the exchange applies to “assets that are either new to our platform or have relatively low trading volume compared to our broader crypto marketplace.”

    Aurora ERC-20 token was created by the team behind the Layer-1 scaling solution Near Protocol (NEAR). As an Ethereum Virtual Machine (EVM), Aurora is fully compatible with Ethereum’s (ETH) turnkey solution with low transaction costs.

    The AURORA governance token was approved and designed by the project’s decentralized autonomous organization (DAO).

    Later Coinbase also announced the listing of the Near Protocol (NEAR) token. NEAR is a developer-focused blockchain designed for scalability and stability. It allows developers to build decentralized applications at low cost, allowing users to manage high-value assets like money or identity. Near’s native token NEAR is used to process transactions. Also, the token is used for data storage, governance, and validating transactions.

    Another token joining Coinbase in the experimental category is MXC, an Internet of Things (IoT) project that is attempting to crowdsource a global data network for the “devices of tomorrow.” The MXC Foundation operates the Meta X Connect network and is focused on successfully growing the infrastructure of Web3.

    According to its website, Meta X Connect has connected over 63,000 devices and collected more than 60 TB of data.

    The ERC-20 MXC utility token is also used to power device transactions on the project’s P2P Supernode network, designed as a proxy and relay server to handle data flow.

    At first, Coinbase announced it was adding AURORA, NEAR, and MXC to its listing roadmap on August 22nd. Earlier this year, the exchange revealed the roadmap to increase transparency and reduce the risk of insider trading.

    In response, Aurora has currently up by nearly 10% over the past 24 hours and trading for $1.34 at the time of writing. MXC was up 7.77% by the day and priced at $0.076.

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