Coinbase Crypto Exchange Launches Support for Binance Network

The American cryptocurrency exchange Coinbase is expanding the range of cryptocurrencies offered by adding the most popular blockchains to the platform.

It has become known that users of the Coinbase Wallet cryptocurrency wallet can now exchange and store cryptocurrencies of the BNB (Binance Smart Chain) and Avalanche projects. Representatives of the trading platform said that support for BNB Chain and Avalanche cryptocurrencies will provide access to «thousands of tokens,» which is much more than «most traditional centralized exchanges» can offer.

Coinbase claims that the added support for BNB Chain and Avalanche brings the total number of blockchains supported to four, including Ethereum and Polygon. Wallet users who want to trade on these networks will be able to use Coinbase’s DEX program.

Two hundred cryptocurrencies could be traded on Coinbase. However, these numbers are nothing compared to the thousands of assets available on the four networks.

The exchange announced that in the coming months it will «make swaps possible on even more blockchains.» «Not only are we expanding trading, but we plan to add network bridge support, allowing you to move tokens seamlessly across multiple networks.»