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Axie Infinity (AXS), Request (REQ), TrueFi (TRU) and Wrapped Luna (WLUNA) launch on Coinbase Pro
From today, Wednesday August 11 to transfer AXS, REQ, TRU and WLUNA in your Coinbase Pro account before trading. Support AXS, REQ, TRU and WLUNA will generally be available in the jurisdictions supported by Coinbase, with a few exceptions as noted in each asset page here. Trading will begin at 9:00 a.m. Pacific Time (PT) Thursday August 12, if the liquidity conditions are met.
One of the most common requests we get from clients is to be able to trade more assets on our platform. Under the terms of our registration process, we plan to support more assets that meet our standards over time. More recently we added commercial support for IoTeX (IOTX), Orion Protocol (ORN), Quickswap (QUICK), Tribe (TRIBE), TerraUSD (UST), Alchemy Pay (ACH), PlayDapp (PLA), Rai Reflex Index (RAI)) Harvest Finance (FARM) Fetch.ai (FET) Paxos Standard (PAX) and Polymath Network (POLY), Clover Finance (CLV), Mask Network (MASK), Rally (RLY), BarnBridge (BOND), Livepeer (LPT), Quant (QNT), Chiliz (CHZ) Keep Network (KEEP), Polkadot (DOT) and Solana (SOL).
From today, Wednesday August 11, we will start accepting inbound transfers from AXS, REQ, TRU and WLUNA at Coinbase Pro. Trading will begin at or after 9:00 a.m. Pacific Time (PT), Thursday August 12 if the liquidity conditions are met.
Once sufficient supply of AXS, REQ, TRU and WLUNA is established on the platform, trading on our AXS-USD, AXS-USDT, AXS-EUR, AXS-BTC, REQ-USD, REQ-USDT, REQ-BTC, REQ-EUR, REQ-GBP, TRU-USD, TRU-USDT, TRU-EUR, TRU- BTC, WLUNA-USD, WLUNA-USDT, WLUNA-EUR, WLUNA-BTC and WLUNA-GBP the order books will be launched in three phases, post-only, limit only, and full trading. If at any time any of the new order books do not meet our assessment of a healthy and orderly market, we may keep the book in a condition for a longer period or suspend trading in accordance with our Trading rules.
We will post tweets from our Coinbase Pro Twitter account as each order book goes through phases.
Infinite Axis (AXS) is an Ethereum token that powers Axie Infinity, a blockchain-based game where players can fight, collect, and build a digital kingdom for their pets. AXS holders can claim rewards for wagering their tokens, playing the game, and participating in key governance votes.
Request (REQ) is an Ethereum token that powers the Request Network, a protocol for creating and requesting payments. Transactions on Request Network are recorded immutably and requests are processed without an intermediary.
TrueFi (TRU) is an Ethereum token that powers TrueFi, a decentralized funding protocol for unsecured loans using chain credit scores. TRU can be used for staking (i.e. approving or rejecting new loans) and governance over the TrueFi protocol.
Wrapped Luna (WLUNA) is an Ethereum token intended to represent Terra (LUNA) on the Ethereum blockchain. It is not LUNA, but rather a separate ERC-20 token designed to track the value of LUNA. WLUNA was created to allow LUNA holders to trade, own, and participate in Decentralized Finance (“DeFi”) applications on Ethereum. Thanks to a WLUNA partner, 1 LUNA can be exchanged for 1 WLUNA, and vice versa.
AXS, REQ, TRU and WLUNA are not yet available on Coinbase.com or through our consumer mobile apps. We will make a separate announcement if and when this support is added.
You can Register now for a Coinbase Pro account here to start trading. For more information on trading AXS, REQ, TRU and WLUNA on Coinbase Pro, visit our support page.
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Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and in addition, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of the permitted disposition of any associated digital assets, if any. All assets, whether Coinbase Ventures owns an investor or Coinbase holds them for operational purposes, are subject to the same strict review guidelines and review processes.
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Crypto is a new type of asset. Besides the potential volatility from day to day or hour to hour, each crypto asset has unique characteristics. Make sure you research and understand the individual assets before making a trade.
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Axie Infinity (AXS), Request (REQ), TrueFi (TRU) and Wrapped Luna (WLUNA) Launch on Coinbase… was originally posted in The Coinbase Blog on Medium, where people continue the conversation by highlighting and responding to this story.
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