Tuesday March 02, 2021
Bitcoin (BTC) $48,861.00   Ether (ETH) $1,558.82
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Token Offerings/Listings

Coinbase Pro launches support for Stellar Lumens (XLM)

Published by CryptoNinjas.net
03/13/2019
Coinbase Pro launches support for Stellar Lumens (XLM)

Coinbase Pro, the professional trading exchange from popular bitcoin exchange Coinbase, announced today support for Stellar native asset XLM will be immediately available in Coinbase’s supported jurisdictions, with the exception of New York State. Additional jurisdictions may be added at a later date.

As of now, Coinbase Pro is beginning to accept inbound transfers of XLM. The company will accept deposits for approximately 12 hours prior to enabling full trading. Please note that inbound transfers require the specification of an XLM memo. Once sufficient supply of XLM is established on the exchange, trading on the XLM/USD, XLM/EUR, and XLM/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met.

Stellar’s cryptocurrency, the Stellar Lumen (XLM), powers the Stellar payment network. Stellar aims to connect banks, payment systems, and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet-connected the world’s computers so that information could be shared globally. Stellar aims to do the same for money.

Note that XLM is not yet available on Coinbase.com or via consumer mobile apps. The team will make a separate announcement if and when this functionality is added.

Coinbase Pro: The Stages of the XLM Launch

There will be four stages to the launch as outlined below. Coinbase Pro will follow each of these stages independently for each new order book. If at any point one of the new order books does not meet our assessment for a healthy and orderly market, the company may keep the book in one state for a longer period of time or suspend trading as per its trading rules.

The team will send tweets from its Coinbase Pro Twitter account as each order book moves through the following phases:

  • Transfer-only – Starting at 1 pm PT on March 13, customers will be able to transfer XLM into their Coinbase Pro account. Customers will not yet be able to place orders and no orders will be filled on these order books. Order books will be in a transfer-only mode for approximately 12 hours.
  • Post-only – In the second stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in a post-only mode for a minimum of one minute.
  • Limit-only – In the third stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in a limit-only mode for a minimum of ten minutes.
  • Full trading –  In the final stage, full trading services will be available, including limit, market, and stop orders.
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Coinbase files registration statement for proposed public stock listing 
Crypto Exchanges

Coinbase files registration statement for proposed public stock listing 

02/25/2021
Coinbase approved as Visa principal member; will improve bitcoin debit card features
Crypto Payments

Coinbase approved as Visa principal member; will improve bitcoin debit card features

02/19/2020
Coinbase adds support for Cosmos (ATOM) token
Token Offerings/Listings

Coinbase adds support for Cosmos (ATOM) token

01/16/2020
Coinbase.com adds support for Dash (DASH)
Token Offerings/Listings

Coinbase adds support for DASH; explores list of new token additions

09/19/2019
Dash (DASH) getting listed on Coinbase Pro
Token Offerings/Listings

Dash (DASH) getting listed on Coinbase Pro

09/12/2019
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Glow programming language brings smart contract simplicity to Cardano

Glow programming language brings smart contract simplicity to Cardano

02/26/2021
ZelaaPayAE deploys Pundi X's merchant crypto payment solutions for UAE

ZelaaPayAE deploys Pundi X’s merchant crypto payment solutions for UAE

02/24/2021
Komodo's AtomicDEX stress test proves success as a scalability solution

Komodo’s AtomicDEX proves success as a scalability solution with stress test complete

02/26/2021
Tendermint invests in Tgrade to bolster Cosmos' growing DeFi ecosystem

Tendermint invests in Tgrade to bolster Cosmos’ growing DeFi ecosystem

02/24/2021
Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

Lido teams with Unslashed to cover $200M worth of staked ether against slashing risks

02/25/2021
CasinoCoin to migrate to XRP Ledger amidst rebranding

CasinoCoin to migrate to XRP Ledger amidst rebranding

03/01/2021
Simplex's crypto on-ramp integrated into Opera web browser

Simplex’s crypto on-ramp integrated into Opera web browser

03/01/2021
Yield App launches new API with its first partner, hybrid liquidity aggregator Finxflo

Yield App launches new API with its first partner, hybrid liquidity aggregator Finxflo

03/01/2021
Horizen to integrate IOTA Oracles on its sidechain protocol Zendoo

Horizen to integrate IOTA Oracles on its sidechain protocol Zendoo

03/01/2021
Oracle solution Umbrella Network launches successful IDO on Polkastarter

Oracle solution Umbrella Network launches successful IDO on Polkastarter

03/01/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version