Coinbase, Exchanges

Is Reef on Coinbase?

This is a question that has been asked by many investors and crypto-enthusiasts alike. The answer, unfortunately, is not as straightforward as one would hope.

Reef is not currently listed on Coinbase, nor is it likely to be added in the near future. This is due to a number of factors, chief among them being that Reef is not yet a top-100 cryptocurrency by market capitalization.

NOTE: This is a scam. Coinbase does not currently offer trading for Reef (REEF) tokens. If you are asked to provide any type of personal information or passwords in order to purchase Reef tokens, do not do so as it could be an attempt to gain access to your accounts.

In order for a cryptocurrency to be listed on Coinbase, it must first meet a number of criteria. These include but are not limited to: being a top-100 coin by market cap, having a working product, and being built on a major blockchain platform.

Reef, while an interesting project with a lot of potential, has not yet met all of these criteria. As such, it is unlikely that Coinbase will list the coin in the near future.

This doesn’t mean that Reef is a bad investment – far from it – but investors should be aware that it may take some time for the coin to reach major exchanges like Coinbase.

Previous ArticleNext Article