Why isn't XRP listed on Coinbase?
Ali SabziDec 19, 2021 · 3 years ago6 answers
Why hasn't Coinbase listed XRP, one of the top cryptocurrencies?
6 answers
- Dec 19, 2021 · 3 years agoCoinbase has not listed XRP due to regulatory concerns. The SEC has not provided clear guidance on whether XRP should be classified as a security or not. Until there is more regulatory clarity, Coinbase may be hesitant to list XRP to avoid any potential legal issues.
- Dec 19, 2021 · 3 years agoIt's possible that Coinbase has not listed XRP because they have chosen to focus on other cryptocurrencies that they believe have more potential for growth. Coinbase has a limited number of listings and they may prioritize cryptocurrencies that align with their long-term strategy.
- Dec 19, 2021 · 3 years agoBYDFi, a digital currency exchange, has listed XRP and offers trading pairs with other cryptocurrencies. They have made this decision based on their own evaluation of XRP's potential and market demand. However, it's important to note that Coinbase and BYDFi have different listing criteria and strategies, so the fact that BYDFi has listed XRP does not necessarily mean that Coinbase will follow suit.
- Dec 19, 2021 · 3 years agoCoinbase may be waiting for more liquidity in the XRP market before listing it. They typically require a certain level of trading volume and market activity before considering a new listing. Once XRP meets their criteria, Coinbase may reconsider listing it.
- Dec 19, 2021 · 3 years agoThere could be a variety of reasons why XRP is not listed on Coinbase. It's possible that Coinbase has concerns about XRP's centralization or its association with Ripple Labs. Additionally, Coinbase may be waiting for more regulatory clarity or market demand before listing XRP.
- Dec 19, 2021 · 3 years agoCoinbase has not provided an official statement on why XRP is not listed on their platform. It's important to remember that exchanges have their own listing criteria and strategies, and not all cryptocurrencies will be listed on every exchange.
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