Coinbase International, the global branch of the popular cryptocurrency exchange Coinbase, has made an announcement regarding a new feature on its platform. The platform will now facilitate pre-launch token trading, allowing users to engage in buying and selling tokens before they are officially released.
This move by Coinbase has sparked some controversy, with critics warning about the potential for price manipulation in these pre-launch trades, as the tokens being traded do not yet exist. Despite these concerns, interest in pre-launch trading has been on the rise, especially after the successful launch of the Aevo project on Binance Launchpool, a platform dedicated to tokens before their official launch.
It is important to note that this feature will not be available to users in the United States, as Coinbase International does not cater to US customers. The company is experimenting with new features on this platform that may not be permissible in the US.
As always, it is essential to exercise caution and conduct thorough research before engaging in any investment activities. If you’re looking to invest in a wide range of cryptocurrencies, you can consider registering with Binance exchange with a 20% commission discount.
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