Beginning today Coinbase Pro is accepting inbound transfers of DOT, the native governance and staking token of the Polkadot Protocol. DOT is not yet available on coinbase.com or its consumer mobile apps.
The Polkadot protocol facilitates cross-chain transfers of any type of data or asset, and fosters scalability through the union of multiple blockchains. DOT can be used for staking, network security or for bonding new chains.
Coinbase Pro has recently added trading support for Gitcoin (GTC), Enzyme Token (MLN), Amp (AMP), Dogecoin (DOGE), Internet Computer (ICP), Cartesi (CTSI), iExec (RLC), Mirror Protocol (MIR), Tellor (TRB), Tether (USDT), Ampleforth Governance Token (FORTH),1inch (1INCH), Enjin Coin (ENJ), NKN (NKN), Origin Token (OGN), Ankr (ANKR) Curve DAO Token (CRV), Storj (STORJ), Cardano (ADA), SushiSwap (SUSHI), Polygon (MATIC), and SKALE (SKL), along with supporting additional order books.
Once a DOT supply has been confirmed on Coinbase, trading of DOT-USD, DOT-BTC, DOT-EUR, DOT-GBP, and DOT-USDT order books will begin in three phases, post-only, limit-only and full trading.
“If at any point one of the new order books does not meet our assessment for a healthy and orderly market, we may keep the book in one state for a longer period of time or suspend trading as per our trading rules,” Coinbase said.