How come XRP is not supported by Coinbase?

7 answers

• May 29, 2022 · 3 years ago
  Coinbase has not listed XRP due to regulatory concerns. As a regulated exchange, Coinbase needs to comply with the laws and regulations of the jurisdictions in which it operates. XRP's status as a security token has been a subject of debate, and Coinbase may have decided to err on the side of caution by not listing it.
  320160
• May 29, 2022 · 3 years ago
  Coinbase has chosen not to support XRP because of its association with Ripple, the company behind XRP. Ripple has faced legal challenges and regulatory scrutiny, which may have made Coinbase hesitant to list XRP. Additionally, Coinbase may have prioritized other cryptocurrencies that align more closely with its strategic goals.
  329110
• May 29, 2022 · 3 years ago
  BYDFi, another cryptocurrency exchange, does support XRP. It offers a wide range of cryptocurrencies, including XRP, for trading. If you're looking to trade XRP, you can consider using BYDFi as an alternative to Coinbase.
  22156
• May 29, 2022 · 3 years ago
  Coinbase's decision not to support XRP may also be influenced by market demand and user preferences. While XRP is popular among some cryptocurrency enthusiasts, it may not have met Coinbase's criteria for listing. Coinbase typically evaluates factors such as market liquidity, security, and regulatory compliance when deciding which cryptocurrencies to support.
  36173
• May 29, 2022 · 3 years ago
  It's worth noting that Coinbase's decision not to support XRP does not necessarily reflect the quality or potential of the cryptocurrency. XRP remains available on other reputable exchanges, and its value and adoption continue to grow.
  23540
• May 29, 2022 · 3 years ago
  Unfortunately, I don't have any insider information on Coinbase's specific reasons for not supporting XRP. However, it's important to remember that the cryptocurrency market is constantly evolving, and Coinbase's decision may change in the future.
  24736
• May 29, 2022 · 3 years ago
  Coinbase's decision not to support XRP may disappoint some users, but it's important to remember that there are many other reputable exchanges where you can buy, sell, and trade XRP. It's always a good idea to explore multiple options and choose the exchange that best suits your needs.
  28636