Major American cryptocurrency exchange Coinbase is adding support for Orchid (OXT) on its professional person trading platform Coinbase Pro.

According to a blog post published by Coinbase on December. 12, Coinbase Pro will outset accepting OXT deposits starting Friday, Dec. 13, "for at least 12 hours prior to enabling full trading." The visitor also noted:

"In one case sufficient supply of OXT is established on the platform, trading on the OXT/USD club book will start in phases, beginning with post-merely manner and proceeding to full trading should our metrics for a healthy market be met."

Every bit the company has washed in the past, Coinbase Pro volition ramp up to full OXT trading in 4 steps: transfer-only, mail service-simply, limit-merely and finally full trading.

Coinbase likewise notes that OXT is not yet available on Coinbase.com, or via its mobile apps, but pointed out that information technology will make a split up proclamation if and when this functionality is added.

Back up for OXT not available everywhere

The crypto exchange likewise added that not everyone will be able to enjoy the new features. According to the announcement, OXT will be immediately bachelor in Coinbase's supported jurisdictions, with the exception of New York State and the Britain. Additional regions "may exist added at a later date."

Orchid offers a decentralized virtual private network (VPN) service for anonymous communication and virtual private networking. Information technology includes a bandwidth market where node providers stake tokens to annunciate their services using the Ethereum blockchain and receive payment in Orchid'southward native cryptocurrency OXT.

As Cointelegraph previously reported Coinbase Pro too added back up for Tezos (XTZ) in July, and DASH in September.

Coinbase Pro released iOS mobile app

In October, Coinbase introduced a mobile app for Coinbase pro customers. The iOS mobile app provides access to more than than fifty trading pairs for users in over 100 countries, and duplicates the platform's features including real-fourth dimension candles, depth charts, order books and types. Users of the app reportedly pay the same fees for orders equally those executed on the desktop platform.