support altcoin pause Coinbase Starts Supporting Altcoin Built on Ethereum (ETH), Markets Pause

Coinbase Starts Supporting Altcoin Built on Ethereum (ETH), Markets Pause

-Coinbase has announced that Celer Network (CELR) is now live across its entire platform, including on the iOS and Android apps.

-Celer Network is a scaling platform built on Ethereum that is designed to enable off-chain transactions in a secure manner.

-The project aims to be a multi-blockchain operating system that offers a one-click user experience for a variety of niches, including decentralized finance (DeFi), non-fungible tokens (NFTs), gaming, as well as development of decentralized applications (DApps).

-Its native utility token CELR can be used for staking to facilitate the networks consensus mechanism as well as to pay for network fees.

-Celer Network has witnessed some dramatic price action over the past few weeks, at first climbing over 81% from a July 26th low of $0.016 to a peak of $0.029 on August 12th. CELR has since mirrored the overall recent market correction, in the red by 9.41% over the past 24 hours and trading for $0.022 at time of writing.

 

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