Blockchain Increases Coins List With Aave, Dot, YFI Listing

ByTroy Morris

Apr 7, 2021

It is no longer news that crypto adoption has increased over the years since Bitcoin was created by its pseudonymous founder, Satoshi Nakamoto. But despite Bitcoin still taking the lead, the digital asset has had to make room for other assets. Recently, Bitcoin has seen a slight decline in the market which has seen other mid and low-market cap coins step up to steal the headlines.

In the same regard, three major coins have stolen the headlines as has announced Aave, Polkadot, and Yearn’s listing.Finance on its platform. According to the entity, the listing has been effected on all its platforms, which are the mobile-based app and web-based browsers.

Blockchain has completed transactions worth $600 million since 2013 has been one of the pivots of the crypto sector, with the digital asset exchange company being around since 2013. The crypto exchange offers but, trade, hold digital assets options to its users, allowing them to access their accounts through the web and on their mobile devices.

Also, the firm has pointed out that not only will the listed coins be available on its platform, they will also be available on its wallet. Blockchain, as at this moment, has completed transactions worth about $600 billion since they first burst onto the crypto scene.

Analysts have mentioned that the company wants to take advantage of this listing to enter the budding decentralized finance sector. In a recent statement by the product manager of the company, he mentioned that the company has studied the sector and has been wowed but the things that they have seen.

Blockchain is now in over 70 countries

Giving the same review about the decentralized finance sector, other analysts have mentioned that many things make the sector exciting, including how tokens are earned and invested. He mentioned that the ability for investors to invest in projects before they go live is the same as allowing investors to invest in famous entities before they blew up.

While Aave and YFI were already on the company’s trading platform, the company announced that they will now be available on their wallet. Polkadot is the only exception here as the firm had not listed it ok their exchange or added it in their wallet.

With this, about 31 million accounts and 70 million wallet holders would now have access to the newly listed tokens. Also, the firm mentioned that they are now live in more than 70 countries across the globe. This development is coming after the previous funding round held, where the company raised a total of $300 million.

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