Coinbase Launches Support for Ethereum Competitor Across All of Its Platforms

US-based crypto exchange Coinbase is expanding support for a prominent Ethereum rival across all of its platforms.

The digital asset exchange’s customers can now trade, send, receive and store AVAX, the native token for the smart contract platform Avalanche, on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase Pro listed the asset earlier this week.

AVAX is trading at $68.48 at time of writing and is up nearly 5% in the past 24 hours, according to CoinGecko. The 12-ranked asset by market cap has skyrocketed by 1482.5% in the past year.

Earlier this month, the Avalanche Foundation revealed it had raised $230 million in a private token sale to fund decentralized finance (DeFi), enterprise applications and other projects on its ecosystem.

Coinbase’s chief executive Brian Armstrong said this summer that the exchange was hustling to list as many altcoins as possible.

The crypto exchange has recently added support for the following crypto assets:

• Rari Governance Token (RGT)
• XYO Network (XYO)
• DerivaDAO (DDX)
• DFI.money (YFII)
• Radicle (RAD)
• COTI (COTI)
• Axie Infinity (AXS)
• Request (REQ)
• TrueFi (TRU)
• Wrapped Luna (WLUNA)
• Harvest Finance (FARM)
• Fetch.ai (FET)
• Paxos Standard (PAX)
• Polymath Network (POLY)
• Clover Finance (CLV)
• Mask Network (MASK)
• Rally (RLY)
• BarnBridge (BOND)
• Livepeer (LPT)
• Quant (QNT)
• Braintrust (BTRST)
• Horizen (ZEN)
• Shiba Inu (SHIB)
• Adventure Gold (AGLD).

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Featured Image: Shutterstock/NextMarsMedia