Coinbase, the largest cryptocurrency exchange in the USA, announced that it has listed a new altcoin.
Sharing the news on its twitter account, Coinbase stated that it will add Multichain (MULTI) support to the Ethereum network (ERC-20 tokens).
“Coinbase will add Multichain (MULTI) support to the Ethereum network (ERC-20 tokens). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on Coinbase and CoinbaseExch in regions where trading is supported.
If liquidity conditions are met, trading will begin on or after May 4, 2023 at 09:00 PT.
Once there is sufficient supply of this asset, trading will start gradually on our MULTI-USD trading pair. MULTI support may be restricted in some supported jurisdictions."
Coinbase will add support for Multichain (MULTI) on the Ethereum network (ERC-20 tokens). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
— Coinbase Assets 🛡️ (@CoinbaseAssets) May 3, 2023
After the news of Coinbase, a huge rise was seen in the price of Multichain (MULTI). The MULTI price rose about 12% within minutes.
*Not investment advice.
