CoinJar Extends Listing To Include ERC20 Tokens

Regarding why they chose these tokens, CoinJar CEO Asher Tan said:

“There are more than 57 stablecoins and thousands of ERC-20 tokens now on the market, which is why it is important for Australians to be able to buy, sell and trade these coins on a trusted platform,” Tan said. Each coin is designed to be used for a specific trusted purpose, and we’ve selected USDC, BAT, and ZRX to lead our offering as the most in-demand coins on the market.” 

Tan also points out that the reason stablecoins and ERC-20 tokens have become so popular is due to the fact that they offer protection from the volatility of bitcoin and other prominent altcoins.

“Volatility has been a primary trait, and also criticism, of bitcoin and other digital currencies,” stated the CEO.

“With more people owning and using digital currencies, non-volatile digital currencies create utility as a bridge between crypto and existing financial systems.”

 “We’re continuing to see a maturing market with Australians treating bitcoin and other large-cap cryptocurrencies as they would a commodities investment, while ERC-20 tokens now providing a product that will allow us to use digital currency in a different way.” 

Tan also explained that this latest addition to the Coinjar listing signifies just the beginning of the  “stablecoin invasion” and that ERC-20 tokens will see more development in 2020.

Featured image: CryptoNinjas

source: https://coindoo.com/coinjar-extends-listing-to-include-erc20-tokens/

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