Price Prediction Of Coinbase (Coin) Stock Token 2023, 2025, 2030
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What is Coinbase Coin?
Launching under the Binance Stock Token category on the Binance Trading platform is the Coinbase Stock Token with the ticker symbol “Coin.” The value of a Coinbase Coin is comparable to the original stock price in the U.S. stock market today. With the ticker symbol “coin,” Coinbase opted to relist its initial public offering (IPO) directly on the Nasdaq.
The Coinbase Stock Token on Binance will trade as a digital coin with no trading commission. The economic return on this Coinbase Coin, which may include dividends, will be comparable to that of traditional currencies. All other countries are permitted to trade this token, subject to mainland China residents.
The largest cryptocurrency exchange in the United States and the second-largest trading platform globally is Coinbase. We are aware that the majority of trading platforms have their own proprietary tokens, such as Binance’s BNB and Crypto.com’s CRO, which will strengthen reputable trading platforms. With their long-term services, Coinbase does not plan to introduce its own Token. Coinbase expects to make over $1 billion in profit in 2020–2021, and now users may actually purchase Coinbase Coin.
Coinbase Coin Price Analysis
According to a study, the reference price for Coinbase Coin is $250 USD, but the market value might be over a billion dollars. But according to reports, the IPO is oversubscribed and might reach $65 billion right away when the markets open. Tesla stock on Binance that was tokenized yesterday produced approximately $6.6 million in market volume, and prices have increased by 40% in less than 24 hours. Since Coin/BUSD trading will begin according to the schedule of the U.S. stock market, Coin is Coinbase’s ticker symbol, which is comparable to the stock ticker symbol. Binance user places order as soon as market opens.
How to Buy Coinbase Coin on Binance?
- Step 1: Sign up on Binance Global Platform: Binance.com
- Step 2: Add money via Credit, Debit card or bank transfer.
- Step 3: purchase BUSD using USD or whatever currency you added into wallet.
- Step 4: Visit Separate Section Binance Stock Token and just place order.
- Step 5: to place order you need to enter in BUSD i.e., equal to USD.
- Step 6: press buy now Button & once order fill you can check Coin balance under wallet tab.
Conclusion
We are aware that the present market for crypto trading and exchange is dominated by Coinbase and Binance. Both platforms handle billion-dollar transactions on a regular basis and only feature reputable cryptocurrency projects if they meet the necessary market size and other requirements. Therefore, a Coinbase listing on Binance may be advantageous to both parties as the Coinbase Token would be traded globally and Binance will experience a significant increase in new signups. For the Coinbase Exchange token to launch, many cryptocurrency investors patiently awaited the opportunity to use the Trading platform. However, as of right now, Coinbase Coin will only give out incentives in the form of dividends, which are essentially corporate profits shared or bonuses.
Is Coinbase Coin is Good Investment?
Yes, tokenized stock is the way of the future for the stock market, and since it is offered on the largest trading platform, it undoubtedly helps to draw in more foreign investors.
Also Read: Price Prediction Of Alpaca City Token (ALPA) 2023, 2025, 2030
