Crypto exchanges are speeding up their listings as markets revive, and trading volumes are recovering. Despite the erratic corrections in Bitcoin prices, exchanges focused on long-term goals continue with their listings. Today, Binance listed ACE Coin, and hours later, Coinbase made its own announcement.
Following the announcement of ACE Coin by Binance, the altcoin supported by Binance will also be listed on the Binance exchange after distributing its due rewards to stakers. Now, Coinbase exchange has announced that it will list SEAM, the token of Seamless Protocol, a Base-based decentralized lending and borrowing platform.
In the announcement made by Seamless Protocol, SEAM has been declared as the first and only native Base-based project token to be listed on Coinbase, emphasizing that it will be the first governance token to be fairly distributed based on the participation of every user in the ecosystem.
As this is the first airdrop listing of an application on the BASE network, it is a significant development. The popular exchange has also captured significant volume by acting quickly in the listings of Big Time and JTO Tokens.
An anonymous community member of Seamless Protocol mentioned how strict Coinbase has been about the first airdrop listing, indicating that there is a distinct listing process requiring a truly decentralized structure and detailed reviews.