PRESS RELEASE. The revolutionary blockchain-based global points integration platform ASSEMBLE Protocol announced the listing of its ASM utility token on Coinbase, which was quickly followed after ASM-USD and ASM-USDT the pairs have been activated on Coinbase Pro. This development is highly expected to further boost the global adoption of the ASM token and also expose it to a larger potential user base in different countries with its latest developments in listing.
ASM listed on Coinbase.com
As the leading mainstream cryptocurrency exchange in the United States, Coinbase has become a standard ramp for new crypto investors. Coinbase is the NASDAQ-listed cryptocurrency exchange that offers a wide variety of products including cryptocurrency investments, advanced trading platform, custodial accounts for institutions, wallet for investors from retail and its own stable US dollar coin.
Coinbase recently released an announcement that it now supports ASM-USD and ASM-USDT pairs on its two platforms, Coinbase and Coinbase Pro. The ad was contained in a official press release on October 21, 2021. It should be noted that ASM was included in Coinbase custody earlier this year.
The ASSEMBLE protocol noted that ASM had fulfilled the liquidity conditions required by Coinbase during the pre-listing phase. With the listing, ASM holders can now deposit, trade, trade, and withdraw their tokens on the Coinbase exchange in crypto and fiat pairs.
This also represents a major development for the ASSEMBLE protocol given Coinbase’s position in the crypto industry. Coinbase is the second largest centralized crypto exchange and trades over $ 6 billion in crypto assets daily. The US Exchange also has 68 million verified users in 100 countries and was recently listed on the NASDAQ stock exchange.
The ASSEMBLE protocol hopes that the list will increase traction in its ecosystem and lead to major adoption of the ASM token. The Coinbase effect has already happened, with the price of ASM rising 200% in the past 24 hours. In addition, ASM’s transaction volume also increased by 26,000% during this period.
ASM listed on Gate.io
The ASSEMBLE protocol also listed the ASM token on Gate.io. Gate.io performed the referencing of ASM /USDT and ASM /ETH pairs on its trading platforms. Trading went live on October 22, 2021 and users can now deposit, withdraw and exchange ASM tokens.
The listing on Gate.io also shows the high level of interest in the ASM token, as Gate.io is the sixth largest centralized exchange in terms of transaction volume and has 4 million users in 120 countries around the world. It is expected that registering on Gate.io will also provide more options for users to purchase and hold ASM tokens.
An innovative Blockchain platform
ASSEMBLE Protocol continued to receive applause from the crypto community for its innovative products and features. The blockchain platform provides points integration for organizations and allows loyalty points to be converted into its native ASM token using a single unified wallet.
Users can spend their points to purchase goods and services on the ASSEMBLE marketplace or convert their points to ASM tokens that can be redeemed for fiat on supported exchanges.
ASSEMBLE has established strategic collaborations with STA1.com and clubpass. The two e-commerce platforms have 750,000 users, 3,500 shopping centers and 181 affiliated clubs.
ASSEMBLE has also developed mobile applications that provide an optimized experience for iOS and Android users. It recently launched a desktop version for the ASSEMBLE wallet that will allow users to transact directly from their computer.
About the ASSEMBLE protocol
Assemble Protocol (ASM) is an Ethereum-based utility token that powers the Assemble Platform, which is a platform where users and merchants can aggregate, manage, and spend reward and loyalty points.
Learn more about the ASSEMBLE protocol:
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