Do you know the differences between Coinbase Global and Coinbase Prime?

Is the altcoin you hold listed only on Coinbase Global or is it also listed on Coinbase Prime, which is fully compliant with regulatory laws?

Let's take a look at Coinbase's Digital Asset Disclosures page 🇺🇸

This list is Coinbase's most premium and regulatory-approved altcoin list.

The coins included in this list must have the approval of the New York State Department of Financial Services (NYDFS).

This means the strictest legal approval in the USA.

Entering this list means having passed the SEC and NYDFS compliance criteria, being able to trade in the most regulated market in the US, and receiving full support in Coinbase's legal system.

Coinbase Global is different from Coinbase Prime.

Coinbase Global is the classic Coinbase exchange where individual users trade.
Because it is global, users from many countries around the world can use this version.
To be listed here, Coinbase only looks at basic technical and market criteria.
So the coin should be secure, liquid, and have a certain volume.
However, these coins are not always available in the state of New York or to institutional investors.

Coinbase Prime
This section is exclusively for institutional investors.

The coins individually approved by the New York Department of Financial Services (NYDFS) are listed here.

Coinbase Prime customers can only hold these assets.

So entering this list means having legal status in the USA.

This list is premium listed because it is under the supervision of the SEC and NYDFS, which is the strictest regulatory area in the United States.

I couldn't fit them all in the image.

You can view the complete list via the link below.

#bitcoin #altcoin #crypto