Coinbase, the largest cryptocurrency exchange in the U.S. by volume, has announced a new altcoin listing. This popular exchange is continuing its rapid listings to prepare for a new bullish phase and offer more alternatives to current traders.
Altcoin Listing
The latest announcement from Coinbase indicates that KernelDAO (KERNEL) on the Ethereum 
$2,453 network will be listed within hours. With the recent easing of SEC pressures, the exchange can now act more boldly regarding new listings. However, listing assets that draw volume during times of weak market risk appetite also raises commercial concerns for exchanges.
“Coinbase will add support for KernelDAO (KERNEL) on the Ethereum network (ERC-20 Token). Do not send this asset through other networks, or your funds may be lost. Trading will commence later today, provided liquidity conditions are met. Trading on the KERNEL-USD pair will gradually begin once sufficient supply is established. Support for KERNEL may be restricted in some jurisdictions.”
The Ethereum network (ERC-20 token) contract address for KernelDAO (KERNEL) is 0x3f80b1c54ae920be41a77f8b902259d48cf24ccf
Coinbase will add support for KERNEL with an Experimental label.”
The announcement of this altcoin listing has resulted in a 15% increase in KERNEL’s value.
