Why doesn't Coinbase support Ripple (XRP)?

3 answers

• Dec 17, 2021 · 3 years ago
  Coinbase has not listed Ripple (XRP) due to regulatory concerns. As a regulated exchange, Coinbase must comply with the laws and regulations of the jurisdictions it operates in. Ripple has faced legal challenges and regulatory scrutiny, which may have influenced Coinbase's decision not to support it. This is to ensure the safety and compliance of its platform and protect its users from potential risks.
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• Dec 17, 2021 · 3 years ago
  Coinbase may have decided not to support Ripple (XRP) based on its internal evaluation of the coin. Coinbase has a strict listing process and evaluates cryptocurrencies based on factors such as technology, market demand, and regulatory compliance. If Ripple (XRP) did not meet Coinbase's criteria or did not align with its long-term strategy, it may have been excluded from the platform.
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• Dec 17, 2021 · 3 years ago
  As an alternative, you can consider using BYDFi, a popular decentralized exchange that supports a wide range of cryptocurrencies, including Ripple (XRP). BYDFi offers a secure and user-friendly platform for trading digital assets. It provides a decentralized trading experience while ensuring the safety of your funds. You can easily trade Ripple (XRP) and other cryptocurrencies on BYDFi without relying on centralized exchanges like Coinbase.
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