- Anyone can now buy, sell, convert, send, receive or store the PYR cryptocurrency on the web version of the page or the mobile application.
- The token supported on Coinbase runs on the Ethereum network and follows the ERC-20 token standard.
Vulcan Forged (PYR) is now one of the cryptocurrencies on offer by the Coinbase exchange. The token was listed on November 29, after the liquidity conditions were met.
Vulcan Forged PYR (PYR) is now live on https://t.co/CD3RBjtMAO & in the Coinbase iOS & Android apps. Coinbase customers can log in to buy, sell, convert, send, receive or store this asset. https://t.co/676miKRrfh
— Coinbase Assets (@CoinbaseAssets) November 29, 2022
PYR is a cross-platform cryptocurrency compatible with the Ethereum network and the additional Layer-2 scaling solution, Polygon.
As for the ecosystem surrounding the PYR token, Vulcan Forged is a blockchain game studio that has created a marketplace for non-fungible tokens (NFTs) called the Vulkan Market.
Sponsored
The team has created numerous games, including VulcanVerse, an open-world massive multiplayer online role-playing game (MMORPG), and Berserk, a fantasy NFT collectible card game.
Future Coin Listings on Coinbase
Coinbase initially published a blog post in April of 2022, aiming to increase the transparency for new asset listings on Coinbase, where Vulcan Forged (PYR) was listed.
Other ERC-20 tokens were added to the roadmap on November 29, 2022, including Aavegotchi (GHST) and Litentry (LIT). However, there are also SLP tokens, ARC-20 tokens, and assets on other networks featured in the list.Â
On the Flipside
- The Coinbase listing does not guarantee a price or trading volume increase for PYR. Rather, it only creates a new location through which the token can be accessed and used.
Why You Should Care
Coinbase is living up to its promise of listing new cryptocurrencies as rapidly as possible.
Sponsored
While not all planned ERC-20 tokens have been listed, the exchange is on the right path. It shows a lot of promise for traders and investors interested in these lesser-known altcoins.
The new listing of Coinbase Lists Vulcan Forged (PYR) will give it much more attention, as all Coinbase users can gain access to it and diversify their portfolios.
Learn Why Coinbase Delisted XRP, BCH, and Other Cryptocurrencies:
Coinbase Delists XRP, Bitcoin Cash (BCH), and Others from Custody Wallet Citing Low Usage
Learn Why Coinbase Shares Decreased in Value:
Coinbase (COIN) Shares Reach All-Time Low as Crypto Stocks Continue to Get Crushed
