Cryptocurrency Q&A
What cryptocurrencies does GDAX support?
What cryptocurrencies does GDAX support?
JejuJoyfulHeart
Tue Aug 06 2024
|
5 answers
1143
I'm curious to know, what are the cryptocurrencies that GDAX, a reputable cryptocurrency exchange platform, currently supports? As a trader looking to diversify my portfolio, I'm eager to learn about the options available on this platform. Does GDAX offer a wide range of digital currencies, including popular ones like Bitcoin and Ethereum, as well as emerging altcoins? Additionally, is there a specific process or criteria for a cryptocurrency to be listed on GDAX? I'm eager to hear your thoughts on this matter.
5 answers
CryptoLegend
Thu Aug 08 2024
As of July 2018, the cryptocurrency landscape was quite limited in terms of exchange support. The specific exchange in question, at that time, only catered to four major digital currencies.
Was this helpful?
378
35
CryptoQueen
Thu Aug 08 2024
These four currencies were Bitcoin (BTC), a pioneer in the field and still the largest by market capitalization. Ethereum (ETH) was also included, known for its smart contract functionality and decentralized applications.
Was this helpful?
119
49
DigitalDuke
Wed Aug 07 2024
Litecoin (LTC), another prominent altcoin, found its place on the list due to its focus on faster transaction speeds and lower fees. Lastly, Bitcoin Cash (BCH), a fork of Bitcoin aimed at increasing block size and transaction capacity, was also supported.
Was this helpful?
259
83
CosmicDreamWhisper
Wed Aug 07 2024
Interestingly, this selection of cryptocurrencies mirrored that of another prominent exchange, Coinbase, indicating a consensus among major players in the industry regarding which assets to prioritize.
Was this helpful?
228
81
Bianca
Wed Aug 07 2024
However, the Coinbase and GDAX team hinted at ambitious plans for the future. They expressed their intention to broaden their horizons and begin supporting a wider array of digital currencies in the near future. This signaled an anticipation for increased diversity and inclusion in the cryptocurrency exchange ecosystem.
Was this helpful?
159
27
