Coinbase to Add Support for Shadow Token (SHDW)

Coinbase, the largest cryptocurrency exchange in the United States, has announced its intention to add support for the Shadow Token (SHDW) on the Solana network (SPL token).

According to the announcement published by Coinbase, the addition of support for the Shadow Token (SHDW) on the Solana network (SPL token) will occur subject to maintaining adequate liquidity conditions, with trading scheduled to commence around 12:00 PM Eastern Time on April 10, 2024. Trading of SHDW-USD pairs will gradually be initiated as soon as sufficient access to this asset is ensured. However, it should be noted that support for SHDW may be limited in certain jurisdictions.

Coinbase also emphasized that the addition of support for SHDW will be experimental in nature.

Additionally, the Coinbase team advises against sending this asset to other networks, as it may result in the loss of funds. Transfers of SHDW are available on the @Coinbase and @CoinbaseExch platforms in regions where trading is conducted.

This announcement is indicative of the increasing interest in cryptocurrencies and the growing number of altcoins available in the market. Coinbase's decision to add SHDW to its platform may have a significant impact on its value and popularity among investors.

*This is not a financial advice