Following a Coinbase Pro listing, Axie Infinity (AXS) jumped 30%.
Coinbase Pro, America’s largest cryptocurrency exchange, has announced the addition of new tokens to its platform, including Axie Infinity (AXS).
Axie Infinity (AXS) is one of the newest digital assets to be listed on Coinbase Pro for trading. Its price surged about 30% in a matter of hours after the announcement, as it usually does with comparable developers.
On August 11th, the largest US exchange announced the latest set of coins to join the Coinbase Pro version of its trading platform.
The other tokens are REQ, TRU, and WLUNA, in addition to the aforementioned AXS. As of August 11th, users can deposit all four coins.
Support for such "will generally be available in Coinbase's supported jurisdictions with certain limitations," according to the announcement.
Furthermore, trade for all four will begin “on or after” the “on or after” date.
Each token will be traded against a variety of currencies, including the dollar (USD), Tether (USDT), euro (EUR), and bitcoin (BTC) (BTC).
Coinbase and Coinbase Pro listings are usually drivers for immediate price gains, and this time is no different.
AXS, the cryptocurrency that powers the massively popular blockchain-based virtual video game Axie Infinity, has risen from a low of $59 to a high of almost $77. However, following the 30% increase, it has leveled off and is now trading above $66.
It has, nonetheless, earned a spot among the top 30 most valuable digital assets, with a market capitalization of more than $4 billion.