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Coinbase adds Tezos [XTZ]; not available for trading in New York

Biraajmaan Tamuly

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Coinbase adds Tezos [XTZ]; not available for trading in New York
Source: Pixabay

San Francisco-headquartered leading crypto exchange, Coinbase rolled out support for Tezos [XTZ] at Coinbase.com. The official post announcing the details was published on Thursday. Tezos [XTZ] trading went live on the official website and on Coinbase iOS and Android apps.

The announcement on Twitter read,

The newly listed cryptocurrency is available for buy, sell, convert, send, receive, or store to the customers in all Coinbase-supported regions; however, the blog also stated that the service will not available in New York. On September last year, Coinbase introduced a new strategy to ramp up the addition of new digital assets compliant with local regulation on the platform. The blog further stated,

“We are also investing in new tools to help people understand and explore cryptocurrencies.”

Biraajmaan is a full-time journalist at AMBCrypto covering the US market. A graduate in Automobile engineering, he writes mainly about regulations and its impact with a focus on technological advancements in the crypto space.