Great Coinbase Adds BNB and Avalanche in Extended Swaps. Total Network Support Up to 4

Coinbase has added BNB Chain and Avalanche to the list of supported networks for Coinbase Wallet, providing traders with greater access to tokens not listed on the Coinbase exchange.

Coinbase Offers Thousands of Tokens

The May 24 blog post from the exchange boasts that the added functionality will provide access to “thousands of tokens” constituting a greater variety than most exchanges “Traditional focus can provide”.

The added functionality for BNB Chain (BNB) and Avalanche (AVAX) brings the total number of networks supported to four, including Ethereum (ETH) and Polygon (MATIC). Wallet users who want to trade on-chain can use its decentralized in-app exchange (DEX) across four networks. Token bridging is not yet available.

While initially only available to a small number of users, the digital currency exchange is also rolling out its Web3 wallet and browser to the mobile app. This will give itinerant traders access to the vast ecosystem of DEXs on supported networks.

The company says users can expect more functionality to be added to the wallet app this year with more token networks and bridges

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