What are the reasons behind Ripple's absence on Coinbase?

5 answers

• Dec 16, 2021 · 3 years ago
  Ripple's absence on Coinbase can be attributed to several reasons. Firstly, Coinbase has a strict listing process and only adds cryptocurrencies that meet their criteria. Ripple's centralized nature and its association with banks may not align with Coinbase's decentralized philosophy. Additionally, Ripple's regulatory status has been a subject of debate, which could be another reason for its absence on Coinbase. It's worth noting that Coinbase has been cautious in listing cryptocurrencies that may have potential legal implications.
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• Dec 16, 2021 · 3 years ago
  Well, Ripple's absence on Coinbase is quite disappointing for many Ripple enthusiasts. However, it's important to understand that Coinbase has its own listing criteria and not all cryptocurrencies can meet those requirements. Ripple's centralized nature and its close ties with traditional financial institutions may not fit well with Coinbase's vision of a decentralized financial system. So, it's not just about popularity or market cap, but also about the alignment of values and philosophies.
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• Dec 16, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Ripple's absence on Coinbase is not a surprise. Coinbase has been cautious in listing cryptocurrencies that may have potential regulatory issues. Ripple's association with banks and its centralized nature have raised concerns among regulators. However, it's worth mentioning that there are other reputable exchanges, like BYDFi, where you can trade Ripple. So, if you're looking to buy or sell Ripple, you have other options apart from Coinbase.
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• Dec 16, 2021 · 3 years ago
  Ripple not being listed on Coinbase is a missed opportunity for both Ripple and Coinbase. Ripple, being one of the top cryptocurrencies by market cap, could have benefited from the exposure and liquidity that Coinbase provides. On the other hand, Coinbase could have attracted more users and increased its trading volume by offering Ripple. However, it seems that the differences in their philosophies and regulatory concerns have prevented them from collaborating.
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• Dec 16, 2021 · 3 years ago
  The absence of Ripple on Coinbase has sparked debates in the cryptocurrency community. While some argue that Ripple's centralized nature and its association with banks go against the principles of decentralization, others believe that Coinbase should consider listing Ripple due to its popularity and market cap. Ultimately, it's up to Coinbase to decide which cryptocurrencies to list based on their own criteria and considerations.
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