Coinbase, a leading US cryptocurrency exchange, has announced that it will be adding support for Core (CORE), a popular altcoin that experienced significant gains earlier this year. The addition of Core to the trading platform means that Coinbase customers can now buy, sell, convert, send, receive, or store these assets on Coinbase.com and in the Coinbase iOS and Android apps.

Core is a hyper-scalable smart contract platform designed to complement Bitcoin. It features a Satoshi Plus consensus mechanism, non-custodial staking, and a native version of wrapped Bitcoin. Additionally, Core is compatible with the Ethereum Virtual Machine (EVM).

Over the past year, Core has seen significant fluctuations in its value, reaching a low of $0.36 in September 2023 and surging to $3.79 in April 2024, marking a gain of over 900%. As of the time of writing, Core has a market cap of $1.18 billion and is trading at $1.32, representing a decrease of nearly 2% in the last 24 hours. In addition to being listed on Coinbase, Core has also been added to the South Korean-based cryptocurrency exchange Bithumb.

On June 24th, Core will be added to the won market on Bithumb, with support for the Korean Won Market and Core DAO network. Deposits will start on June 24th at 03:00 p.m., with transactions and withdrawals beginning at 05:00 p.m. The base price for Core will be 1,840 won, with a requirement of 60 deposit confirmations.

To stay updated on the latest cryptocurrency news and developments, subscribe to receive email alerts directly to your inbox and follow The Daily Hodl on X, Facebook, and Telegram. As always, it’s important for investors to conduct their due diligence before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets, as transfers and trades are at their own risk. The Daily Hodl does not provide investment advice and does not recommend the buying or selling of any cryptocurrencies or digital assets. Please note that The Daily Hodl participates in affiliate marketing.