Tag: Paradex

Coinbase’s Decentralized Exchange Acquisition Is a Shortcut to List ERC20 Tokens

As reported here on May 24, the world’s biggest cryptocurrency brokerage and trading platform, Coinbase, acquired decentralized cryptocurrency exchange Paradex. Intent to Add Tokens In an official announcement, Coinbase CEO Brian Armstrong stated that the acquisition of Paradex was part of a larger Coinbase initiative to expand globally and serve customers outside of the US. “The move not only reinforces Coinbase’s commitment to investing in decentralized infrastructure and participating in the nascent …
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Coinbase Acquires Decentralized Exchange Paradex

Coinbase is one of the bigger household names in the world of cryptocurrency. The company is best known for offering its cryptocurrency exchange services to consumers from all over the world. However, even major companies have to keep evolving. As such, the firm recently acquired one of its smaller competitors, Paradex. An Interesting Acquisition by Coinbase In the world of cryptocurrency exchanges, competition is direly needed. Centralized trading platforms are …
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