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Coinbase Launching Compound and Maker

Posted by Thomas DeMichele on June 19, 2020 in News

Coinbase is launching compound and maker. Both are Ethereum-based cryptos and are related to lending and borrowing systems.

Maker is a governance token that is used to vote on the Dai lending system.

Compound is the native token of the Compound lending system.

Together they comprise the two top lending systems on the Ethereum network.

Our MKR-USD and MKR-BTC order books are now in full-trading mode. Limit, market and stop orders are all now available. https://t.co/1zN1FTQJiN

— Coinbase Exchange 🛡️ (@CoinbaseExch) June 9, 2020

On Monday, June 22, our COMP-USD and COMP-BTC order books will enter transfer-only mode, accepting inbound transfers of COMP in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/maPTOLdYiW

— Coinbase Exchange 🛡️ (@CoinbaseExch) June 18, 2020

Author: Thomas DeMichele

Thomas DeMichele has been working in the cryptocurrency information space since 2015 when CryptocurrencyFacts.com was created. He has contributed to MakerDAO, Alpha Bot (the number one crypto bot on Discord),...

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