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The conversation and speculation of Coinbase that finally lists XRP has been a topic of discussion in the crypto-verses since December 2017, when the crypto-markets were literally shooting at all the cylinders. This talk about adding XRP to Coinbase made the second most popular digital resource, which peaked at around $ 3.80, but only fell in value to the current $ 0.43 level.
But things are looking for the digital well that is the favorite of many HODL fans. Coinbase, through its Custody Service, announced plans to support XRP and 36 other digital resources. The Coinbase custody service is designed to be a secure storage service for institutional investors and high-level individuals who wish to store their large amounts of digital assets in a secure location that has the comforts of a bank vault.
Coinbase announced the following regarding the new support of the 37 digital resources to its archiving service:
"Coinbase Custody is exploring the addition of many existing and future cryptographic resources only for and will work to add them as quickly and securely as possible.We currently have not considered these assets for trading.We are making this announcement internally to Coinbase and to the public at the same time to remain transparent with our customers on support for future resources. "
The 37 digital resources are as follows:
- Cardano (ADA)
- ZCash (ZEC)
- Stellar (XLM)
- XRP
- EOS
- Monero (XMR )
- VeChain (VEN)
- Tezos (XTZ)
- Qtum (QTUM)
- Bytecoin (BCN)
- Bitcoin Gold (BTG)
- Decred (DCR)
- Bithsares (BTS )
- ICON (ICX)
- Ontology (ONT)
- STEEM [19659008] Dogecoin (DOGE)
- SiaCoin (SC)
- Wanchain (WAN)
- Nano (NANO)
- Telegram
- Filecoin
- TaTaTu
- Dfinity
- Blockstack
- Basis
- NEO
- DASH
- NEM (XEM)
- TrustToken
- Hedera HashGraph
- TokenCard
- Polkadot
- Kik
- Props
- Origin
- Foam [19659044] With this news, Coinbase's cryptocurrency exchange has more or less opened its doors to finally list XRP and the previous 36 other digital resources on its encrypted exchange. This is due to the fact that their high net customers will want an easily accessible exchange to exchange their blocked digital assets in the custody service. What better way to integrate into a cryptographic exchange?
In conclusion, and also with a bear market, the signals and signals coming from all the crypto-verso indicate an increase in interest from institutional investors to enter the encrypted industry with both feet. It is tempting to predict that, in the same period of the next year, crypto-markets would have exceeded the total market capitalization of $ 1 trillion. But let's stay in the present and think of ways to stock up on relatively inexpensive digital resources before everyone is looking at the Moon.
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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and / or its affiliates, employees, writers and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own in-depth research before investing in any cryptocurrency and read our full disclaimer
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