Coinbase adds support for Stellar Lumens (XLM) and LINK token in New York

Cryptocurrency exchange Coinbase has announced that New York-based customers now have access to both Stellar Lumens (XLM) and Chainlink’s LINK token, CoinDesk reported.

Stellar Lumens (XLM) is now available to Coinbase users who are New York residents. New Yorkers can now log in to buy, sell, convert, send, receive, or store XLM on https://t.co/bCG11KMQ6s or using our iOS and Android apps. https://t.co/gArFJPP6K7 pic.twitter.com/eTtVaH9JdT

— Coinbase (@coinbase) September 25, 2019

Chainlink (LINK) is now available to Coinbase users who are New York residents. New Yorkers can now log in to buy, sell, convert, send, receive, or store LINK on https://t.co/bCG11KMQ6s or using our iOS and Android apps. https://t.co/v3lCq5I3im pic.twitter.com/qLovRSJhzr

— Coinbase (@coinbase) September 25, 2019

While Coinbase added support for these two tokens months ago in other jurisdictions – XLM in March and LINK in June, it excluded New York probably due to stringent regulatory requirements in the state.

However, New Yorkers can now hold, buy, sell, send and receive both XLM and LINK token. The tokens are available on Coinbase.com and the exchange’s iOS and Android apps.

Just recently, Coinbase announced that it was considering listing 17 new digital assets including Avalanche, Celo, Chia, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid, Polkadot, Solana, Spacemesh, and Telegram.

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