Coinbase Wallet-Customers can now trade crypto assets on two new leading crypto networks.
The self-custody wallet introduced swaps for BNB Chain (BNB), formerly Binance Smart Chain, and Avalanche (AVAX) this week, expanding its existing support for Ethereum (ETH) and Polygon (MATIC).
According to Coinbase Wallet, customers can exchange thousands of tokens between the four networks and the in-app decentralized exchange (DEX).
“Coinbase Wallet’s in-app DEX makes it easy to access these types of tokens via its trading feature, which provides quotes across multiple exchanges via the 0x–API compares [application programming interface] and saves you the extra steps along the way. Adding support for networks like BNB Chain, Avalanche, and Polygon means you can trade more tokens faster and with cheaper network fees.”
The self-custody wallet plans to allow swaps to be performed on more networks “in the coming months.”
“Not only will trading expand, but we also plan to add support for network bridging, allowing you to seamlessly move tokens across multiple networks.”
BNB Chain’s native asset, BNB, is trading at $331.52 at the time of writing. The fourth-ranked crypto asset after market capitalization is up more than 2% in the last 24 hours.
Avalanche’s native asset, AVAX, is trading at $29.36 at the time of writing. The crypto asset, ranked 14th by market cap, is down 0.99% in the past 24 hours.
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Source: Crypto News Deutsch