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Cryptocurrency News Articles

US Crypto Exchange Coinbase Abruptly Adds Support for BLOCKLORDS (LRDS) Token

Jul 26, 2024 at 06:01 am

Top US-based crypto exchange platform Coinbase is abruptly adding support for BLOCKLORDS (LRDS), the native token of a blockchain-based strategy game.

US Crypto Exchange Coinbase Abruptly Adds Support for BLOCKLORDS (LRDS) Token

Major United States-based crypto exchange Coinbase is quickly adding support for BLOCKLORDS (LRDS), the native token of a blockchain-based strategy game.

In a new announcement on social media platform X, Coinbase is adding LRDS with an Experimental label, indicating that the token is either new to the platform or has low trading volume compared to the broader digital assets industry.

“Coinbase customers can now buy, sell, convert, send, receive, and store BLOCKLORDS (LRDS) on Coinbase.com and in the Coinbase iOS and Android apps. LRDS is now available in the majority of regions where Coinbase is supported, with a few exceptions.”

Coinbase began using the Experimental label in March 2023 for select digital assets that are either new to the platform or have low liquidity compared to other crypto assets. The exchange adds that these assets may experience higher price volatility.

LRDS is the native token of BLOCKLORDS, a free-to-play, medieval-themed, massively multiplayer online (MMO) strategy game. Similar to the Age of Empires and Command and Conquer franchises, BLOCKLORDS is a real-time strategy game where players' decisions and skills shape the game's world and narrative.

According to initial coin offering (ICO) data-tracker ICO Drops, the LRDS token began trading on Monday, July 24th. The game itself, however, launched in 2023. BLOCKLORDS is currently available on the Epic Games store and is slated to launch via Steam sometime in 2025.

According to BLOCKLORDS’ official website, the game will also be utilizing non-fungible tokens (NFTs) and is compatible with Ethereum (ETH) layer-2 scaling solutions ImmutableX (IMX) and Polygon (MATIC).

LRDS is trading for $1.74 at time of writing, according to CoinGecko, down 5.3% over the last 24 hours.

News source:dailyhodl.com

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