The RT coin is another city, and Coinbase is finally about to start accepting RT coins (reputation tokens).

In the early morning of September 20th, Coinbase will provide Pro version users with RT currency trading services. If the liquidity conditions are met, trading will begin at 9 a.m. Pacific Time on September 20 (17:00 UK time on the 20th) or after.

According to Coinbase’s release, once a sufficient supply of RT coins is established on the platform, RT-USD, RT-BTC, RT-EUR, RT-GBP and RT-USDT order book transactions will be launched in three stages. If any new order book does not meet its assessment of a healthy and orderly market, Coinbase may keep the account book in a state for a longer period of time or suspend trading.

This year, Coinbase CEO Brian Armstrong said on the company’s first quarter earnings conference call that Coinbase plans to provide RT currency transactions in the next 6-8 weeks. It seems that it only took 18 days for Coinbase Pro to add RT coins to Coinbase Pro.

However, the current Coinbase main website and its consumer mobile applications do not yet support RT coins. Coinbase said that in the future, if their websites and applications start to support RT coins, they will make a notice. For now, this means that retail investors will have to trade RT coins on other platforms.

Also worthy of congratulation to RT coin holders is that on September 2nd, Bitcoin peer-to-peer trading platform LocalBitcoins added more than ten cryptocurrencies such as DOGE, RT, USDT, DOT, ADA, BCH, USDC, LINK, etc. as the purchase of Bitcoin. payment method.

The explosion of RT is suspected to be related to Tesla founder Elon Musk. Prior to this, the UN Special Envoy for Innovative Finance and Sustainable Investment, Hiromi Mizuno, said on Twitter that investors in RT coins (Reputation token) should not treat their coins like their coins.

RT is an experiment of decentralized spontaneous community construction. As a substitute for centralized or quasi-centralized trust, the security of public blockchains is based on the “encrypted digital economy” adopting a workload proof mechanism or a proof of rights mechanism, which combines economic rewards and encrypted digital verification, and follows General principle: The economic reward that everyone can get is proportional to the contribution made to the consensus process. These blockchains are generally considered to be “fully decentralized.” The RT circulation is 1,000 trillion. 50% of the total supply has been locked in Uniswap, and the remaining 50% is destroyed to the V God address.

In fact, since 2020, RT coin has gained considerable attention. According to data from coingecko, RT has increased by 16.2% in the last hour, 68.3% in the last 24 hours, and 10934.6% in the last 30 days.

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Categories: Press Release