Coinbase announced last week it is now offering support to Augur (REP) through its cryptocurrency platform, as well as its mobile apps on iOS and Android. Coinbase customers may officially buy, sell, convert, send, receive, or store REP. The crypto will be available for customers in most jurisdictions, but will not initially be available for residents of the state of New York.
“Augur’s Reputation token (REP) is an Ethereum token designed for reporting and disputing the outcome of events on online prediction markets. Reporters are rewarded for reporting the outcome of events correctly.”
Coinbase also reported that with the announcement of its new listing process last year, it anticipates listing more assets over time that meet its standards. The platform added:
“We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages, as well as a new section of the Coinbase website to answer common questions about crypto.”
Founded in 2012, Coinbase is described as a digital currency wallet and platform where merchants and consumers can transact with new digital currencies like bitcoin, ethereum, and litecoin.
“Our vision is to bring more innovation, efficiency, and equality of opportunity to the world by building an open financial system. Our first step on that journey is making digital currency accessible and approachable for everyone. Two principles guide our efforts. First, be the most trusted company in our domain. Second, create user-focused products that are easier and more intuitive to use.”