Coinbase Lists Voyager Token (VGX): What You Need to Know

Big news for Voyager Token (VGX) holders! Starting today, Voyager Token (VGX) is available on Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now trade, send, receive, or securely store VGX.

This listing marks a significant step for VGX, allowing wider accessibility to a larger audience of cryptocurrency investors. VGX is an Ethereum token that’s used to reward and incentivize use of the Voyager centralized exchange. On Voyager, VGX holders can earn staking rewards, receive cashback on trades, and enjoy other platform benefits.

Why is This Important?

The Coinbase listing of VGX comes after significant events surrounding Voyager Digital. Tras la adquisición de los activos del prestamista por parte de Binance.US, sancionada por un tribunal, the token's future has been closely watched by the crypto community. The listing on a major exchange like Coinbase provides increased liquidity and visibility for VGX.

VGX and the Voyager Platform: A Quick Overview

VGX serves as a core utility token within the Voyager ecosystem. Its primary function is to reward users and incentivize participation on the Voyager platform. Holding VGX can unlock various benefits, including enhanced rewards and cashback opportunities.

Coinbase's Asset Review Process

It's important to remember that Coinbase constantly reviews the assets listed on its platform. Coinbase announced that, based on its recent reviews of the assets on the exchange, it will suspend trading for 6 tokens on September 6 at around 9 am PT, which are, highlighting the importance of ongoing due diligence for any cryptocurrency investment. The platform conducts thorough assessments of each listed asset to ensure compliance and security.

Analyzing VGX Activity

Platform de análisis blockchain Lookonchain revealed interesting data points related to VGX activity. Staying informed about on-chain data can provide valuable insights into the token's market dynamics and potential future performance.

Trading VGX on Coinbase

With VGX now available on Coinbase, users can easily buy, sell, and manage their VGX holdings directly through the Coinbase platform. This simplified access is expected to contribute to increased trading volume and overall market interest in the token.