Singapore-based digital asset exchange Crypto.com is rolling out support for two low-cap altcoins.
The Nano protocol aims to operate on minimal resources to lower entry barriers and make its native currency practical for everyday use.
XNO is trading for $1.16 at time of writing. The 216th-ranked crypto asset by market cap is up more than 1.5% in the past 24 hours.
On Wednesday, Crypto.com listed Optimism (OP), a layer-2 scaling solution for Ethereum (ETH). Its native token, OP, launched on May 31st and is used for governance and allocation of network resources.
Coinbase listed OP earlier this week, and the exchange says it’s also adding Optimism to its roster of 200+ assets that are part of the Coinbase Custody cold storage trust.
Coinbase Custody is a custodial service for institutional investors with big money. It’s chartered in New York State and designed to give clients a highly secure way to store large amounts of crypto.
Binance also listed Optimism on Wednesday. OP, the 145th-ranked crypto asset by market cap, is trading at $1.43 at time of writing and is up more than 14% in the past 24 hours.
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured Image: Shutterstock/svetabelaya/WindAwake