Coinbase Activates Trading for Memecoin BLUECHIP-USD

Coinbase Exchange has activated full trading for the BLUECHIP-USD pair. The rollout began on September 16, giving users access to market, limit, and stop orders across its web platform and mobile app.

The exchange employed a structured three-stage process, starting with an auction mode lasting at least 10 minutes without any trade matches. This was followed by a limit-only phase, where users could place limit orders but not market orders. The token then transitioned to full trading status, unlocking the complete suite of order types.

BLUECHIP is a memecoin built on Base, Coinbase's layer 2 network. It has a total supply of 1 billion tokens and trades under the contract address 0xb200000000000000000000cfbdf64a8706a94a01. Prior to landing on Coinbase, BLUECHIP was primarily traded on decentralized exchanges.