Starting today, Coinbase supports Celo (CGLD) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store CGLD. CGLD is available in all Coinbase-supported regions.
Coinbase is listing Celo under the CGLD ticker symbol. This is temporary and does not affect the asset or participation in on-chain governance activities such as voting. You will be able to send and receive CELO or CGLD, as they are the same asset.
Celo (CGLD)
Celo (CGLD) is a cryptocurrency that acts as a utility and governance token for the Celo platform. The Celo platform is designed to make it easy for anyone with a smartphone to send, receive, and store stablecoins running on Celo (for example, the Celo Dollar) without needing a crypto wallet.
Coinbase regularly announces a new set of assets that we are continuing to explore. CGLD was included in a list of exploratory assets, published last fall. CGLD was listed for trading on Coinbase Pro last week.
One of the most common requests we hear from customers is to be able to buy and sell more cryptocurrencies on Coinbase. We announced a process for listing assets, designed in part to accelerate the addition of more cryptocurrencies. We are also investing in new tools to help people understand and explore cryptocurrencies. We launched informational asset pages (see CGLD here), as well as a new section of the Coinbase website to answer common questions about crypto.
Customers can sign up for a Coinbase account here to buy, sell, convert, send, receive, or store CGLD today.
Coinbase owns CGLD tokens as a result of a 2018 investment in Celo. Coinbase intends to maintain its investment in Celo for the foreseeable future and maintains internal policies that address the timing of permissible disposition of its digital assets, including CGLD tokens.
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