The crypto exchange will list Moonwell (WELL) and CoW Protocol (COW) on 24 September.
Coinbase announced on X that it will add support for Moonwell (WELL) on the Base network (ERC-20 token). However, it warned users against sending the asset over other networks or “your funds may be lost”. The exchange added, “Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.”
As for CoW Protocol’s (COW), trading for it will begin on or after 9am PT on 24 September 2024, “if liquidity conditions are met”, noted Coinbase. The exchange informed that once sufficient supply of this asset is established, trading on the COW-USD trading pair will launch in phases.
Coinbase posted, “Support for COW may be restricted in some supported jurisdictions.”
Post the announcement of support, CoW Protocol witnessed a surge of 5.70% and is currently trading at $0.2961. The volume has also gone up by 899.39% in the past 24 hour, and has marked 2.03 Million currently.
As for WELL, it is trading at $0.03623 after a jump of 20.57% in one day. The volume for this new crypto has gone up by 232.37% and has currently hit 3.06 Million.
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