Coinbase is the world’s largest cryptocurrency exchange, and it has been a go-to platform for buying and selling Bitcoin, Ethereum, and other digital assets since its launch in 2012. Recently, Coinbase made headlines when it announced that it would be listing Terra Luna, a new cryptocurrency, on its platform.
However, as of writing, Terra Luna is not yet available on Coinbase. So, what gives?.
There are a few possible explanations for why Terra Luna is not yet listed on Coinbase. One possibility is that Coinbase is still in the process of verifying and approving Terra Luna for listing on its platform.
Given that Coinbase is one of the most popular exchanges in the world, it likely has a very high volume of requests for new listings. As such, it can take some time for Coinbase to get around to approving all of the new assets that are submitted for listing.
Another possibility is that there may be some technical issues with integrating Terra Luna into Coinbase’s system. This is not uncommon when new assets are added to exchanges, as there can sometimes be unforeseen challenges that need to be addressed before trading can begin.
Again, given Coinbase’s popularity, it is likely that they are working diligently to resolve any technical issues so that Terra Luna can be listed as soon as possible.
The last possibility is that there may be some regulatory hurdles that Coinbase needs to clear before it can list Terra Luna. Cryptocurrencies are still largely unregulated in many jurisdictions, and so exchanges need to be very careful about which assets they list in order to avoid running afoul of the law.
It’s possible that Coinbase is still working through the necessary compliance procedures before it can list Terra Luna.
Whatever the reason may be, it’s clear that Coinbase is taking its time in listing Terra Luna on its platform. However, given the popularity of both Coinbase and Terra Luna, it’s likely only a matter of time before the two come together.