Coinbase Will List 1inch, Enjin, NKN, and Origin Token

Key Takeaways

  • Coinbase Pro revealed it is preparing to list 1inch, Enjin Coin, NKN, and Origin Token on its trading platform on Apr. 9.
  • The announcement has seen a significant number of investors rush to other exchanges to invest in those coins.
  • The relevant altcoins have seen their price rise more than 20%, benefiting from the “Coinbase Effect.”

Coinbase has announced that it will list four new cryptocurrencies for trading: 1inch, Enjin Coin, NKN, and Origin Token.

Coinbase Listing Spree Accelerates

In a recent blog post, Coinbase Pro announced that starting today, Apr. 7, users will be able to transfer 1inch, Enjin Coin, NKN, and Origin Token to their respective accounts. Trading will begin after two days, on Apr. 9, if “liquidity conditions are met.”

Once a sufficient supply of 1INCH, ENJ, NKN, and OGN is established, all of these altcoins will be available for trading against Bitcoin, the U.S. dollar, the Euro, and the British Pound. Order books are expected to launch in three phases: post-only, limit-only, and full trading.



“If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our Trading Rules,” reads the announcement. 

Coinbase has gone on a listing spree ahead of its direct listing on the Nasdaq Global Select Market on Apr. 14, 2021. Most recently, the San Francisco-based cryptocurrency exchange added trading support for ANKR, CRV, STORJ and Cardano (ADA), among many others. 

Since the announcement was made, 1inch, Enjin Coin, NKN, and Origin Token have witnessed a massive price spike and become the latest beneficiaries of the well-known “Coinbase Effect.”



At the time of writing, each altcoin’s price surged by more than 20%, 30%, 80%, and 35%, respectively. Even though more gains can be expected, it is worth noting that insiders who bought in earlier might dump their holdings on unaware retail investors.

Disclosure: At the time of writing, this author owned Bitcoin and Ethereum.


The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.

You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.

See full terms and conditions.

Source: Read Full Article