Support for XLM will be immediately available in ’s supported jurisdictions, with the exception of New York State. Additional jurisdictions may be added at a later date.
After 1pm PT on March 13, 2019, we will begin accepting inbound transfers of XLM to Pro. We will accept deposits for approximately 12 hours prior to enabling full . Please note that inbound transfers require the specification of an .
Once sufficient supply of XLM is established on the platform, on the XLM/USD, XLM/EUR, and XLM/ order books will start in phases, beginning with post-only mode and proceeding to full should our metrics for a market be met. Support for XLM will be immediately available in ’s supported jurisdictions, with the exception of New York State. Additional jurisdictions may be added at a later date.
’s , the Lumen (XLM), powers the payment network. aims to connect banks, payment systems and individuals quickly and reliably. Since its launch in 2014, its vision has been to unite the world’s financial infrastructure so that money can flow quickly and cheaply between banks, businesses, and people. The Internet connected the world’s computers so that information could be shared globally. aims to do the same for money.
Please note that XLM is not yet available on .com or via our consumer mobile apps. We will make a separate announcement if and when this functionality is added.
The Stages of the XLM Launch
There will be four stages to the launch as outlined below. We will follow each of these stages independently for each new order book. If at any point one of the new order books does not meet our assessment for a and orderly market, we may keep the book in one state for a longer period of time or suspend as per our .
We will send tweets from our Twitter account as each order book moves through the following phases:
- Transfer-only. Starting at 1pm PT on March 13, will be able to transfer XLM 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 approximately 12 hours.
- Post-only. In the second stage, can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of one minute.
- Limit-only. In the third stage, limit orders will start matching but are unable to submit market orders. Order books will be in limit-only mode for a minimum of ten minutes.
- Full trading. In the final stage, full trading services will be available, including limit, market, and stop orders.
One of the most common requests we receive from is to be able to trade more assets on our platform. Per the terms of our , we anticipate supporting more assets that meet our standards over time.
You can for a Pro account here to start . For more information on XLM on Pro, .
Published at Wed, 13 Mar 2019 20:09:45 +0000
