Starting today, DerivaDAO (DDX), DFI.money (YFII) and Radicle (RAD) are available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store DDX, YFII and RAD in most Coinbase-supported regions, with certain exceptions indicated in each asset page here. Trading for these assets is also supported on Coinbase Pro.
DerivaDAO (DDX) is an Ethereum token that powers DerivaDEX, a decentralized exchange for derivative contracts. The DDX token allows users to participate in the governance and operation of the exchange.
DFI.money (YFII) is an Ethereum token that governs the DFI.Money platform. The platform is a fork of Yearn.finance and acts as a yield optimizer for tokens deposited to the platform.
Radicle (RAD) is an Ethereum token that powers Radicle, a project that describes itself as an “open-source, community-led, and self-sustaining network for software collaboration.” The RAD token can enable reduced or zero fees when interacting with Radicle smart contracts in addition to governance through voting and proposals.
One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. We announced a process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see DDX, YFII, RAD), as well as a new section of the Coinbase website to answer common questions about crypto.
Customers can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store e Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or store DDX, YFII and RAD today.
Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and additionally, Coinbase may hold such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available at https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities for the foreseeable future and maintains internal policies that address the timing of permissible disposition of any related digital assets, if applicable. All assets, regardless of whether Coinbase Ventures holds an investor or Coinbase holds for operational purposes, are subject to the same strict review guidelines and review process.
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Crypto is a new type of asset. Besides potential day to day or hour to hour volatility, each crypto asset has unique features. Make sure you research and understand individual assets before you transact.
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DerivaDAO (DDX), DFI.money (YFII) and Radicle (RAD) are now available on Coinbase was originally published in The Coinbase Blog on Medium, where people are continuing the conversation by highlighting and responding to this story.