Crypto exchange Coinbase adds support for Augur’s Reputation token

Cryptocurrency exchange Coinbase has announced that it has added support for Augur (REP) on Coinbase.com as well as its Android and iOS apps.

In an online post dated April 18, Coinbase said that customers can now start buying, selling, converting, sending, receiving, or storing REP using its platform.

Currently among the top 50 cryptocurrencies by market cap, Augur’s Reputation token (REP) is an Ethereum token designed for reporting and disputing the outcome of events on online prediction markets. Reporters are rewarded for reporting the outcome of events correctly.

Coinbase said that REP will be available for customers in most jurisdictions, but will not initially be available for residents of the state of New York.

Since the announcement of its new listing process last year, Coinbase has added support for a number of cryptocurrencies including Stellar Lumens (XLM), XRP, and others.

Earlier this month, Coinbase announced support for EOS (EOS), Augur (REP), and Maker (MKR) on Coinbase Pro.

“We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see REP here), as well as a new section of the Coinbase website to answer common questions about crypto,” it said.

More recently, Coinbase announced the expansion of crypto-to-crypto support to 11 more countries across Latin America and Southeast Asia.