Basic Attention Token (BAT) is now available to trade Coinbase Pro

Basic Attention Token (BAT) is now available to trade Coinbase Pro

Basic Attention Token (BAT) is now available to trade Coinbase Pro

BAT is launching on Coinbase Pro

After 1pm PT on Friday, November 2, we will begin accepting inbound transfers of Basic Attention Token (BAT) to Coinbase Pro. We will accept deposits for at least 12 hours prior to enabling trading. Once sufficient liquidity is established, trading on the BAT/USDC order book will start. Users may convert their USD to USDC with one click within the Pro interface as described here. BAT trading will be accessible for users in most jurisdictions, but will not initially be available for residents of the state of New York.

The Stages of the BAT Launch

We will send tweets from our Coinbase Pro Twitter account as each order book moves through the following phases:

  1. Transfer-only. Starting at 1pm PT on Friday, November 2, customers will be able to transfer BAT into their Coinbase Pro account. Customers will not yet be able to place orders and no orders will be filled on these order books. Order books will be in transfer-only mode for at least 12 hours.
  2. Post-only. In the second stage, customers can post limit orders but there will be no matches or completed orders. Order books will be in post-only mode for a minimum of one minute. This market state has been shortened to increase market health during launch.
  3. Limit-only. In the third stage, limit orders will start matching but customers will not yet be able to submit market orders. Order books will be in limit-only mode for a minimum of ten minutes.
  4. Full trading. In the final stage, full trading services will be available, including limit, market, and stop orders. Read more 

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