CRYPTO

Function X (FX) and Wrap Centrifuge (WCFG) are now available on Coinbase


As of today, Function X (FX) and Wrap Centrifuge (WCFG) are available on Coinbase.com and Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive or store FX and WCFG in Coinbase-supported territories, with a few exceptions on each property page. Trading for these assets is also supported on Coinbase Pro.

Function X (FX) is an Etherium token that enables Function X to include a core blockchain, cross-chain protocol, and platform for decentralized applications. FX can be used to create smart contracts and pay for services such as data storage, voting for network upgrades, and network stacking.

Wrap Centrifuge (WCFG) is an Ethereum token intended to represent Centrifuge (CFG) in the Ethereum blockchain. WCFG is not a CFG, but a separate ERC-20 token designed to track the value of CFG. CFG is the native asset of the Polcadot-based centrifuge chain and can be used for stacking and on-chain governance.

One of the most common requests we make from customers is to be able to buy and sell more cryptocurrencies in Coinbase. We have announced a process of listing assets designed in some parts to expedite the addition of more cryptocurrencies. We’re investing in new tools to help us understand and explore cryptocurrency. To answer common questions about crypto, we’ve launched a new section of the Coinbase website, along with informational resource pages (see FX and WCFG).

To buy, sell, convert, send, receive or save Coinbase Android and iOS apps, customers can sign up for a Coinbase account here. Coinbase customers can now trade, send, receive or save FX and WCFG.

Please note: Coinbase Ventures may be an investor in the crypto projects mentioned here, and in addition, Coinbase may place such tokens on its balance sheet for operational purposes. A list of Coinbase Ventures investments is available here https://ventures.coinbase.com/. Coinbase intends to maintain its investment in these entities in the future and maintains internal policies that, if applicable, address the timing of the authorized nature of the respective digital assets. All assets, regardless of whether Coinbase Ventures holds an investor or intends to operate Coinbase, are subject to the same strict review guidelines and review process.

This website is for informational purposes only (“third party sites”) for links to third party websites or other information. Third-party sites Coinbase, Inc. And is not controlled by its affiliates (“Coinbase”), and Coinbase is not responsible for the content of any third party site, including, without limitation, any third party link site, or any changes or updates to the third party site. Coinbase is not responsible for webcasting or transmissions from any other third party site. Coinbase only provides you with these links as a benefit, and the inclusion of any link does not imply endorsement, approval or recommendation of any association with the site Coinbase or its operators.

Crypto is a new type of asset. In addition to potential day-to-day or hour-to-hour volatility, each crypto asset has unique characteristics. Make sure you research and understand personal assets before you make a transaction.

All images provided here are by Coinbase.


Function X (FX) and wrapping centrifuges (WCFG) now available in Coinbase were originally published in the medium on The Coinbase blog, where people continue the conversation by highlighting and responding to the story.



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