Coinbase Pro adds trading pairs for three cryptocurrencies: EOS (EOS), Augur (REP), and Maker (MKR).

The cryptocurrency ecosystem is all about constant evolution. If you stay pat, you get left behind. Bitcoin is a good example. The oldest virtual currency has seen tremendous strides in base fundamentals over the last few years, such as the increasing use of the Lightning Network. Business is much the same as those who don’t change with the times eventually wither and die. Coinbase Pro is taking this ever-evolving attitude to heart by adding new trading pairs to the platform. Today, it was announced the service is launching trading pairs for three cryptocurrencies: EOS (EOS), Augur (REP), and Maker (MKR).

New Trading Pairs Launching Today

Coinbase Pro began accepting inbound transfers of the three cryptocurrencies earlier today. At least 12 hours will need to pass before trading can actually begin, which puts the earliest trading time at midnight PST.

Trading of EOS and REP will be available in all jurisdictions supported by Coinbase Pro, with the exception of New York State. MKR will be available in all Coinbase Pro-supported jurisdictions outside the US. — Coinbase Pro (@CoinbasePro) April 8, 2019

Once sufficient liquidity has been established, the following trading pairs will go into effect:

EOS-USD, EOS-EUR, EOS-BTC (all Coinbase-supported regions excluding NY)

REP-USD, REP-EUR, REP-BTC (all Coinbase-supported regions excluding NY)

MKR-BTC, MKR-USDC (all Coinbase-supported regions outside the U.S.)

Of the three coins, EOS is the most popular. It is currently the sixth-ranked cryptocurrency, trading at $5.47 with a market cap of $4.962 billion. Maker (MKR) is the 19th-ranked cryptocurrency and is trading at $718.84 with a market cap of $718 million. Coming in last place is Augur (REP), being the 35th-ranked virtual currency and trading at $21.40 with a market cap of $235 million.

Multiple Stages for Trading Pairs Launch

Coinbase Pro notes that there are four distinct stages to the launch of the new trading pairs. The four stages are:

Transfer-only . After 12pm PT on Monday April 8, customers will be able to transfer EOS, REP, and MKR into their Coinbase Pro accounts. Customers will not yet be able to place orders and no orders will be filled on these order books. Order books will be in transfer-only mode for at least 12 hours.

. After 12pm PT on Monday April 8, customers will be able to transfer EOS, REP, and MKR into their Coinbase Pro accounts. Customers will not yet be able to place orders and no orders will be filled on these order books. Order books will be in transfer-only mode for at least 12 hours. Post-only . In the second stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of one minute.

. In the second stage, customers can post limit orders but there will be no matches (completed orders). Order books will be in post-only mode for a minimum of one minute. Limit-only . In the third stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in limit-only mode for a minimum of ten minutes.

. In the third stage, limit orders will start matching but customers are unable to submit market orders. Order books will be in limit-only mode for a minimum of ten minutes. Full trading. In the final stage, full trading services will be available, including limit, market, and stop orders.

Inbound transfers for EOS, MKR and REP are now available in the regions where trading is supported. Traders cannot place orders and no orders will be filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/pUlU8fppAd — Coinbase Pro (@CoinbasePro) April 8, 2019

The addition of new cryptocurrency trading pairs is always a good thing. Coinbase Pro plans on adding additional coins to the platform, depending upon customer demand. Sadly, it appears that the licensing restrictions found in New York are keeping customers there from actively trading these recently added cryptocurrencies. (It goes without saying that Maker (MKR) is not available for trading within the United States at the current time.)

Images courtesy of Twitter/@CoinbasePro and EOS.