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On the 13th, Coinbase, a major U.S. cryptocurrency, listed a new blockchain Osmosis (OSMO) based on Cosmos (ATOM).
It was listed on Coinbase Exchange, which offers the OSMO-USD currency pair.
Our OSMO-USD trading pair is now in full-trading mode on @CoinbaseExch and Advanced Trade. Limit, market and stop orders are all now available.
— Coinbase Exchange (@CoinbaseExch) January 12, 2024
Osmosis is both a blockchain and a decentralized exchange (DEX). OSMO functions as a governance token and blockchain gas token for the DEX “Osmosis”.
Among the Cosmos DeFi ecosystem, Osmosis has the third largest TVL (value deposited), equivalent to $240 million.
Recently, the rise in the price of Celestia (TIA) and the airdrop activity through OSMO staking have once again drawn attention to the Cosmos ecosystem.
connection: Cosmos community begins voting on ATOM’s minimum inflation rate proposal of 0%
CoinPost Special feature for virtual currency beginners
We have introduced the “Heat Map” function to the CoinPost app for investors!
In addition to important news about virtual currencies, you can also see at a glance exchange information such as the dollar yen and price movements of crypto asset-related stocks in the stock market such as Coinbase.
■Click here to download the iOS and Android versions
https://t.co/9g8XugH5JJ pic.twitter.com/bpSk57VDrU
— CoinPost (virtual currency media) (@coin_post) December 21, 2023
The post Cryptocurrency exchange Coinbase newly lists Cosmos-related stocks Osmosis appeared first on Our Bitcoin News.