Crypto Exchange Coinbase "Exploring" Support for Ripple (XRP)

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Ripple xrp

After months of waiting, investors' hopes and dreams of ripples (XRP) can finally be realized – at some point in the near future, however. Yes, XRP fans, the cryptographic exchange Coinbase has confirmed that it is exploring the addition of support for the second biggest cryptocurrency to its platform.

The San Francisco Coinbase announced Friday's move when it revealed its additional support for a "wide range of assets" – more than 30 were explicitly named – including other market heavyweights including Cardan (ADA), EOS , NEO and tezos (XTZ).

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Source: Coinbase

XRP investors have long complained that the ripple was not listed on Coinbase, the most popular cryptographic exchange for buyers for the first time in the US and many other jurisdictions, even though the company listed smaller cryptocurrencies like 0x and apparently more controversies like zcash – which can be used to carry out anonymous transactions.

The announcement follows Coinbase's decision to renew its listing process, which the company said would allow it to provide support for a much wider range of cryptocurrency assets, although some would not be listed in all jurisdictions due to local regulations.

Obviously, "exploring" is not the same as "list", and Coinbase has emphasized that the company "can not guarantee" that every cryptocurrency named in the announcement will make its way onto Coinbase Pro and Coinbase.com. Furthermore, some cryptocurrencies may only receive limited support.

From the post:

"The addition of new resources requires significant exploration work both from a technical and a compliance point of view, and we He can not guarantee that all the activities we are currently evaluating will be listed for negotiation. Furthermore, our listing process may result in listing some of these activities exclusively to customers for buying and selling, without the ability to send or receive using a local portfolio. "

Even so, the confirmation that Coinbase is evaluating at least the addition of XRP to its platform is a sharp departure from the start of this year when company executives suggested that the company had listed all the goods for which he believed there was normative clarity. XRP, like many other cryptocurrencies, has been plagued by the allegations that the token is a security and that the startup blockchain Ripple – with which it is closely associated – has issued through an illegal supply of securities. Ripple denies those accusations.

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