Cryptocurrency exchange Coinbase has announced that it will list the for Osmosis (OSMO) token in its statement.
Osmosis allows users to create and trade private liquidity pools with advanced incentive systems. The OSMO token is used for governance and staking on the Osmosis network.
According to a blog post by Coinbase, users can now send OSMO to their Coinbase account. However, they only need to use the Osmosis network to do so, as sending OSMO over other networks can result in a loss of funds.
*Not investment advice.