Coinbase to Label Some Assets as ‘Experimental’ in Bid to Boost Transparency

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Coinbase to Label Some Assets as ‘Experimental’ in Bid to Boost Transparency
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.Coinbase unveils its 'experimental' label for new assets added to the platform, or those with low trading volumes. mikeybellusci reports.

Coinbase Is Reportedly Proposing Crypto Regulations to US Officials; Will It Work?

Cryptocurrency exchange Coinbase unveils its “experimental” label which will be applied to those assets either new to the platform or with relatively low trading volumes. “Our goal is to be as transparent as possible with our customers regarding trading risks,” said Product Manager Ishan Wahi in. “We are introducing a new experimental label on asset pages and a disclosure when executing trades for some assets.”

Wahi notes that Coinbase expanding offerings at such a fast clip means more newly created assets and added risks like higher price swings and order cancellations.customers' ability to send, receive, buy, sell and/or hold assets on Coinbase, says the company.

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