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The cryptocurrency Zetachain (ZETA) will be listed on the popular cryptocurrency exchange Coinbase, to trade on the Ethereum network. According to the announced information from Coinbase, ZETA trading will begin later today, when the necessary liquidity conditions are met.
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Zetachain is a foundational, public blockchain that provides smart contract and data transfer between blockchains. Aiming to solve cross-chain and multi-chain problems, Zetachain aims to open the crypto and financial ecosystem to everyone. It is a Layer 1 blockchain platform built on Cosmos SDK and Tendermint Consensus, through which users and developers can easily switch between chains thanks to Proof of Stake (PoS) technology.
ZETA is the native token of the ecosystem, used to pay transaction fees for Zetachain smart contracts and also used to secure the PoS blockchain through the binding/staking/slashing method. ZETA is at the heart of Zetachain’s cross-chain transfers, security, data transfer, and transactions.