Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




Stellar Lumens [XLM] makes it to Coinbase Pro
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: night-3982022_960_720-e1552551332739.jpg]
Stellar Lumens [XLM] makes it to Coinbase Pro; order books for three trading pairs initiated

Coinbase Pro, the US-based digital asset trading exchange, announced support for Stellar’s native crypto asset XLM on its platform recently. The listing will enable users on the platform to deposit their XLM approximately 12 hours prior to the initiation of full trading. XLM inbound transfers to the exchange would be accepted after 1 PM PT on March 13.

Brian Armstrong revealed the latest development through his official Twitter handle,

[Image: brian-armstrong.png]
Source: Twitter

According to the official blog post, the XLM listing will be immediately available at all the jurisdictions supported by the exchange, excluding the state of New York.

After an adequate volume of XLM is delivered on the Coinbase Pro platform, order books for three trading pairs XLM/USD, XLM/BTC, and XLM/EUR would be initiated. To send XLM to Coinbase Pro, a Memo is required, falsely inputting, which could lead to the permanent loss of funds. Furthermore, funds sent without a Memo will not be received.

The blog post also detailed the stages of the launch, the first being the Transfer-only phase in which consumers will be able to deposit XLM on their exchange wallet. This phase will be live for 12 hours and order books will be in a transfer-only mode and no orders will be filled during this stage.

This phase will be followed by the Post-only stage, during which users on the platform will be able to post limit orders. In this stage, there will be no completed orders, and order books will be in a post-only mode for a minimum of 60 seconds.

The third is the Limit-only stage, which will last for approximately 10 minutes. Limit orders will be completed in this mode, however, consumers will not be able to submit market orders.

In the fourth and final stage, full trading services will be made available for users.

Stellar’s native cryptocurrency XLM drives the payment network for the open-sourced and decentralized protocol. 

Recently, XLM exhibited a sharp surge of around 30% in just 48 hours in a bearish market. The crypto-community associated the price surge to the coin’s logo modification. The foundation also revealed that its official rebranding was set to launch in May this year.


source https://ambcrypto.com/stellar-lumens-xlm...initiated/
by Chayanika Deka
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Stellar (XLM) Under Huge Market Pressure; Price Drops To USD 0.066 crytocure 0 13 2 hours ago
Last Post: crytocure
  Stellar Lumens (XLM) Embarks on a Reversal Trend, Trades Around its Major Support crytocure 0 12 6 hours ago
Last Post: crytocure
  HOT: Get Free Stellar Lumens from Poloniex crytocure 0 30 Yesterday, 10:15 AM
Last Post: crytocure
  Stellar (XLM) Moving Upwards Finally! Hope To See Some Returns Very Soon! crytocure 0 31 Yesterday, 10:02 AM
Last Post: crytocure
  Stellar Price Upsurge continues; XLM Price might soon touch $0.075 crytocure 0 19 Yesterday, 01:18 AM
Last Post: crytocure
  Stellar Price Analysis: Stellar (XLM) Price Has Dropped By Half Since Last Two Months crytocure 0 21 19-08-2019, 09:28 AM
Last Post: crytocure
  Stellar Price Analysis: XLM Initiates Recovery, Gains 1.11% in the Last 24 Hours crytocure 0 34 18-08-2019, 02:22 AM
Last Post: crytocure
  Litecoin (LTC), Binance Coin (BNB), & Stellar (XLM) Indicates A Positive Sign Of Impr crytocure 0 26 17-08-2019, 03:18 AM
Last Post: crytocure
  Stellar Price Analysis: Investors Are Eagerly Anticipating XLM Price Surge crytocure 0 50 16-08-2019, 12:05 PM
Last Post: crytocure
  XRP, Zcash, Stellar Threaten Yearly Lows crytocure 0 60 16-08-2019, 02:47 AM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)