Coinbase Pro, the company’s professional trading platform, has extended support for three major altcoins to investors based in New York.
According to a recent flurry of announcements, Algorand (ALGO), Chainlink (LINK) and Stellar (XLM) are now available to NY users. Coinbase Pro originally added support for the altcoins on August 14, June 26 and March 13, respectively.
Given that the current market is largely driven by the volatile behavior of Bitcoin (BTC), the addition of New York support on one of the larger exchanges in the world has not had a notable effect on any of the altcoins as of this writing.
Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.