Coinbase to Launch Access Protocol (ACS) with Transaction Start Time Announced

02/15/2023 00:22 • Metaverse & Beyond • 100 views

According to official Twitter, Coinbase announced that it would launch Access Protocol (ACS). If the liquidity conditions are met, the transaction will start at 9:00 p.m. on February 15, Pacific Winter Time (1:00 p.m. on February 16, Beijing Time). If sufficient supply of the asset is established, the transaction of ACS-USD transaction pair will be opened in stages.

Coinbase will go online Access Protocol (ACS)

Interpretation of the news:

Coinbase, one of the leading cryptocurrency exchanges, has recently announced that it will be launching the Access Protocol (ACS) on its platform. The announcement was made on the official Coinbase Twitter account and includes details about the launch and the possible transaction start time.

According to the message, the ACS-USD transaction pair will be opened in stages if the exchange can meet the liquidity conditions. The transaction is expected to begin at 9:00 p.m. on February 15, Pacific Winter Time (1:00 p.m. on February 16, Beijing Time) if enough supply of the asset is established.

Access Protocol is a new DeFi (Decentralized Finance) project that aims to connect different blockchain ecosystems. The protocol allows users to swap their crypto assets between different chains while maintaining control over their funds. The project is seen as one of the most promising in the DeFi space, and many investors are already showing a great interest in it.

Coinbase’s announcement of the launch of ACS is significant because it means that the token will now be available to millions of Coinbase users globally. Coinbase is one of the most trustworthy and reliable crypto exchanges, and its decision to support the Access Protocol will undoubtedly increase its popularity and attract more investors.

The announcement is also significant because of the potential impact on the crypto markets. If the transaction starts as scheduled, it could result in a surge in ACS’s price and increase the trading volume on Coinbase. The increase in trading volume could also benefit other tokens in the DeFi space.

In conclusion, Coinbase’s announcement of the launch of the Access Protocol (ACS) is an exciting development in the crypto space. It is an endorsement of the project’s potential and could lead to increased adoption and growth in the DeFi space. As the transaction start time approaches, investors will be watching closely, and it will be interesting to see how the markets react.

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Coinbase to Launch Access Protocol (ACS) with Transaction Start Time Announced

Coinbase will go online Access Protocol (ACS)

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