US-based Coinbase Pro is all set to list BAND or Band Protocol on August 10, 2020. Following, which the trading will commence from the next day, at 9 a.m. Pacific Time.
Band Protocol shared this development, stating that BAND-USD, BAND-BTC, BAND-EUR, and BAND-GBP order books will enter transfer-only mode on August 10.
The cross-chain data oracle platform, Band Protocol, confirmed that the four-staged launch phase would occur in compliance with Coinbase procedures. BAND further mentioned that the launch phase would only support ERC-20 Band tokens. And, only the inbound transfers of BAND will be accepted in supporting regions, while the orders cannot be placed or filled. However, if and when the liquidity conditions are satisfied, the trading will commence not before the 11th of August 2020.
The Band Protocol platform is well known for grouping APIs real-world data while linking them to smart contracts. In other words, Band Protocol facilitates smart contracts enabled applications like prediction markets, Defi, among others. Also, Band protocol is backed by Binance, the leading cryptocurrency exchange along with one of the leading venture capital firms, Sequoia Capital.
Also, worth mentioning, Coinbase Pro is one of the reputed trading platforms, widely preferred by cryptocurrency traders. Coinbase Pro enables hassle-free, convenient means of buying, selling, and trading of digital assets across a multitude of trading pairs. And, not to forget, Coinbase Pro enables users to stay up to date with the crypto trading market while managing multiple finance portfolios.
To conclude, cryptocurrency enthusiasts will be eagerly anticipating the listing of BAND on Coinbase Pro in the coming week. After successful listing, Coinbase users can buy, sell, trade, store, send and receive BAND.