Coinbase is set to introduce support for Omni Network (OMNI) on the Ethereum network as an ERC-20 token.
The biggest cryptocurrency exchange in the USA, Coinbase, revealed its plans to list an altcoin named Omni Network (OMNI).
Coinbase Introduces Support for Omni Network (OMNI) on Ethereum
Coinbase has announced plans to support Omni Network (OMNI) on the Ethereum network as an ERC-20 token. Users are cautioned against sending OMNI through alternative networks to prevent potential loss of funds.
Coinbase will add support for Omni Network (OMNI) on the Ethereum network (ERC-20 token). Do not send this asset over other networks or your funds may be lost. Transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported
— Coinbase Assets 🛡️📞 (@CoinbaseAssets) April 17, 2024
Transfers for OMNI are accessible on Coinbase and CoinbaseExch in regions where trading is permitted. Trading is scheduled to commence later today, contingent upon meeting liquidity requirements.
Initially, trading will initiate gradually on OMNI-USD trading pairs once an adequate supply of the asset is ensured. However, Omni support may be subject to limitations in certain supported jurisdictions.
Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.
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