It’s been a rollercoaster ride for XRP investors over the past few months. The digital asset was unceremoniously removed from Coinbase in March, causing the price to crash.
However, XRP has since staged a strong comeback and is now trading above $0.50.
There is growing speculation that Coinbase could list XRP again in the near future. Let’s take a look at the evidence.
In late May, Coinbase CEO Brian Armstrong said that the exchange was “open” to listing more digital assets. This was seen as a positive development by the XRP community, as Armstrong had previously ruled out listing XRP due to its association with Ripple.
NOTE: This article is intended for informational purposes only and should not be considered financial or investment advice. Before making any decisions or taking any action related to the subject matter of this article, please consult a qualified financial or investment advisor. The information provided in this article does not constitute an offer to buy or sell any security, nor is it intended to be a recommendation to engage in any investment strategy. Cryptocurrency markets are highly volatile and unpredictable, and past performance is not indicative of future performance. Investing in cryptocurrency carries a high degree of risk and may result in the loss of all your capital.
Then, on June 4, it was reported that Coinbase had started internal testing of XRP trading. This sent the price of XRP soaring by 10% on the news.
Coinbase has not officially confirmed that it will list XRP, but the evidence is stacking up. If Coinbase does list XRP, it is likely that the price will rise sharply.
However, it is also worth noting that Coinbase has been known to change its mind in the past (just ask Ethereum Classic investors). So, nothing is guaranteed.
Will XRP be back on Coinbase? It’s looking increasingly likely, but investors should still exercise caution.
5 Related Question Answers Found
It’s been a big week for crypto. First, Bitcoin surged past $11,000 per coin for the first time in 15 months. Then, Ethereum followed suit, reaching a new all-time high of $485.
As the crypto market continues to expand, more and more people are looking for ways to buy and sell cryptocurrencies. One of the most popular exchanges is Coinbase, which allows users to buy and sell Bitcoin, Ethereum, and Litecoin. Recently, there has been a lot of speculation about whether or not Coinbase will add new coins to its platform, including XYO.
It’s been a busy few weeks for XDC. The team has been hard at work on a number of fronts, including the launch of our mainnet, the release of our mobile wallet, and the listing of XDC on a number of exchanges. One of the most common questions we’ve been getting lately is “will XDC be on Coinbase?”
It’s a fair question, and one that we don’t have a definitive answer for at this time.
As of December 2019, Coinbase no longer offers XRP on its platform. This is due to the SEC filing against Ripple, which alleges that the company has violated securities lAWS. Coinbase is not the only exchange to delist XRP; other major exchanges, such as Binance and OKEx, have also removed the digital asset from their platforms.
As of now, XCAD is not on Coinbase. There are a variety of reasons why this might be the case. For one, Coinbase has only recently begun listing new assets, and XCAD may not have been high on their list.
