Coinbase, Exchanges

Does Coinbase Support Ripple?

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. This central authority is the Ripple company.

NOTE: WARNING: Coinbase does not support Ripple at this time. While Coinbase may decide to support Ripple in the future, there is currently no indication that this will occur. If you are considering buying or trading Ripple, please be aware that Coinbase will not provide any services related to it.

The Ripple company has control over the supply of Ripple, and they can also freeze or reverse transactions. This makes Ripple less secure and less trustworthy than a decentralized currency like Bitcoin.

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