It’s no secret that Coinbase, one of the world’s most popular cryptocurrency exchanges, is often criticized for its lack of altcoin support. While Coinbase has expressed interest in adding new coins in the past, it has yet to add any major altcoins to its platform.
This has led many to speculate as to when – or if – Coinbase will add support for Ripple’s XRP token.
Ripple is currently the third largest cryptocurrency by market cap, behind only Bitcoin and Ethereum. XRP has seen explosive growth in recent months, and is now one of the most widely-traded cryptocurrencies.
With its growing popularity, many have been wondering if Coinbase will add XRP to its platform.
NOTE: Warning: Coinbase does not currently support Ripple Alpha. Buying Ripple Alpha on Coinbase is not possible at this time. It is important to research any cryptocurrency you are considering buying to confirm that it is supported by Coinbase before making a purchase.
Coinbase has been tight-lipped about its plans for altcoin listings, but it seems unlikely that XRP will be added anytime soon. For one, Coinbase has stated that it will only list “assets that we believe have a future as part of the crypto economy.
” This suggests that Coinbase is not interested in listing coins that it believes are mere speculation.
Furthermore, Coinbase has also said that it will only list “assets […] listed on a major exchange.” Ripple’s XRP is not currently listed on any major exchanges, which further reduces the chances of Coinbase adding support for the token.
Of course, this could all change in the future. If Ripple’s XRP continues to grow in popularity and is listed on a major exchange, Coinbase may reconsider its position.
For now, however, it seems unlikely that XRP will be added to Coinbase any time soon.
9 Related Question Answers Found
As of right now, Coinbase does not support Ripple. This is because Ripple is not a decentralized currency, and Coinbase only supports decentralized currencies. Ripple is a centralized currency, which means that it is controlled by a central authority.
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It’s been a little over a year since Ripple (XRP) was first added to Coinbase Pro, and since then, it’s been one of the most popular assets on the platform. But for some reason, Coinbase has still not made XRP available to buy or sell on its main Coinbase platform. So why can’t you buy Ripple on Coinbase?
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