The Ripple community has hounded Coinbase on when it would add XRP to its trading platform.
There is speculation that Coinbase delayed the listing due to potential securities classification of the cryptocurrency.
Today, Coinbase finally made the plunge and announced it is opening XRP trading on Pro.
Beginning Feb. 25th at 10:00 PST Coinbase will begin accepting inbound transfers of XRP to Coinbase Pro.
Once a sufficient supply of XRP is established, the exchange will open trading pairs for XRP/USD, XRP/EUR, and XRP/BTC in incremental phases, as described in Coinbase's blog post.
Trading for XRP will be available on Coinbase in the US, the UK, select jurisdiction in the EU, Canada, Singapore, and Australia.
There is substantial speculation as to why Coinbase waited until now to list XRP. One of the most circulated rumors concerns XRP's potential securities classification with its associated company, Ripple.
Seemingly, Coinbase and other entities wishing to list XRP may be hesitant to do so because of the potential classification.
The only reasonable inference is that Coinbase believes the benefits outweigh the costs.
Based on comments from experts in the community, it appears that the benefits of listing XRP on Coinbase Pro outweigh the potential costs.
When XRP? Coinbase Pro Now Adds Ripple XRP
pubblicato su Feb 25, 2019
by Cryptoslate | pubblicato su Coinage
Coinage
Menzionato in questo articolo
Notizie recenti
Vedi tutti
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.