Altcoin News, Blockchain News, Business, Cryptocurrency News, Top Stories

Coinbase Pro Now Supports Ripple [XRP].

In line with an official ‘web-blog‘ post by Coinbase, Coinbase Pro, the skilled offering of U.S. based cryptocurrency trading platform and digital wallet service provider ‘Coinbase’, is adding support for Ripple [XRP] token.

As per the announcement, Coinbase Pro will be accepting deposits of Ripple [XRP] for a min of 12 hours before enabling full trading. Coinbase added that it’ll 1st establish ample liquidity on the platform, listing pairs in U.S. dollars, Euro and Bitcoin [BTC] in phases.

Full trading of Ripple [XRP] will be available to consumers within the U.S., Canada, the European Union, U.K., Singapore and Australia. Coinbase might ‘expand‘ its services to alternative countries lately.

Ripple [XRP] trading can undergo four stages, that embody “transfer-only,” “post-only,” “limit-only,” and “full trading”. The primary 2 stages can enable users to transfer Ripple [XRP] to Coinbase Pro accounts and post limit orders, the following two would enable customers to match limit orders and totally trade with Ripple [XRP].

Earlier last year, Coinbase Pro has been actively extending its catalogue of tokens listed on the ‘platform‘. Earlier in Aug. 2018, it additionally added  support for Ethereum Classic [ETC], Bitcoin SV [BSV] followed the Basic Attention Token [BAT] and privacy altcoin’s Zcash [ZEC] in Nov. Support for the above tokens was later extended to ‘Coinbase’s‘ retail platform Coinbase.com and its mobile application.

The new listing of Ripple [XRP] to Coinbase has been long-awaited by the crypto community. Earlier in Jan. last year, Coinbase chief operating officer ‘Brian Armstrong’ revoked rumors that the exchange would add support for Ripple [XRP] within short term. Following Armstrong’s announcement, the worth of XRP crashed from from over $148 Bln to $126 Bln.

However, at the reporting time, Ripple [XRP] is presently trading at a price around ‘$0.3212 USD‘ which is 5.22% higher than yesterday.

Coinbase Pro Now Supports Ripple [XRP].Even ‘reported‘ earlier this month, OKEx, the ‘3rd‘ major cryptocurrency trading market by daily mercantilism volumes at the reporting time, presently permits its users to purchase or sell Ripple [XRP] and Bitcoin Cash [BCH] with 5 supported standard fiat currencies: GBP [British pound], CNY [Chinese renminbi], VND [Vietnamese dong], RUB [Russian ruble] and THB [Thai baht] on the OKEx C2C platform.

Leave a Comment

Your email address will not be published. Required fields are marked *