Coinbase, the largest cryptocurrency exchange in the US, has made a revolutionary new announcement.
Accordingly, Coinbase announced that it is expanding Solana support, enabling trading of all Solana (SOL)-based tokens on the DEX without requiring listing.
At its ‘Breakpoint 2025’ event held at the Etihad Arena in Abu Dhabi, Coinbase introduced ‘On-Chain Trading,’ a feature that allows new tokens created on the Solana network to be traded instantly without the need for a separate listing process.
Accordingly, Coinbase is rolling out a new feature that allows users to buy and sell any Solana-based token directly through a decentralized exchange (DEX) integration, even if the asset is not officially listed on the platform.
This feature allows users to transact directly with Solana-based tokens and make payments using USDC, cash, bank accounts, or debit cards.
Coinbase Solana product lead Andrew Allen said the following about this feature: “The goal is to make millions of newly created tokens instantly accessible to all users. Users can instantly buy and sell millions of newly created tokens on Coinbase, and issuers can instantly reach a global user base without needing a separate listing.”
Allen added, “We’ll be launching early access to the new feature next week and, together with the Solana community, we’ll be setting a new standard for on-chain financial experiences.”
*This is not investment advice.
Source: https://en.bitcoinsistemi.com/coinbase-introduces-revolutionary-new-feature-this-affects-altcoins/
