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Crypto exchanges are accelerating their listings as markets rebound. Volumes are recovering. Despite the intermittent corrections in Bitcoin prices, exchanges that focus on their long-term goals continue their listings. Today, Binance announced ACE Coin and hours later, Coinbase gave its own announcement.
Binance vs Coinbase
If you were able to follow a few hours ago, we wrote about Binance exchange’s ACE Coin announcement. After the altcoin supported by Binance gives out what is due to those who stake, it will also be listed on the Binance exchange. Now, Coinbase exchange announced that it will list SEAM, the token of the Seamless Protocol, a Base-based decentralized lending and borrowing platform.
The following was written in the announcement made by Seamless Protocol;
“SEAM will be the first and only local Base-based project token listed on Coinbase. I must also say that it is the first governance token with a fair launch airdrop distributed based on each user’s participation in the ecosystem”.
Yes, this is also important because it is the first airdrop listing of an application on this BASE network. The popular exchange acted quickly in the Big Time and JTO Token listings, capturing significant volume.
A community participant of the Seamless Protocol, who wished to remain anonymous, expressed how strict Coinbase was on the subject of the first airdrop listing with the following sentences;
“The requirements are extra strict. There is a separate listing process for Day One listings, including real decentralization. They also do very detailed reviews, the tokens must not have been previously released. For example, BEAM Token is not even on any DeFi platform yet, it will not be anywhere until Coinbase lists it”.
Seamless Protocol was launched in September as a fork of Aave v3, an Ethereum-based DeFi lending protocol.
