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How come Coinbase doesn't offer Ripple for sale?

avatarHari SarmahDec 27, 2021 · 3 years ago3 answers

Why doesn't Coinbase provide the option to buy Ripple?

How come Coinbase doesn't offer Ripple for sale?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Coinbase may not offer Ripple for sale due to various reasons. One possible reason is that Coinbase has strict listing criteria and Ripple may not meet those criteria. Another reason could be that Coinbase is prioritizing other cryptocurrencies that have higher demand and trading volume. Additionally, Coinbase may have concerns about the regulatory environment surrounding Ripple, as it has faced legal challenges in the past. It's also worth noting that Coinbase regularly evaluates and adds new cryptocurrencies, so there's a possibility that Ripple could be added in the future.
  • avatarDec 27, 2021 · 3 years ago
    Coinbase not offering Ripple for sale is a common question among cryptocurrency enthusiasts. The decision to list or delist a cryptocurrency on an exchange is ultimately up to the exchange itself. Coinbase may have made the strategic decision to focus on other cryptocurrencies that align better with their business goals and user demand. It's important to remember that there are other exchanges where you can buy Ripple, so if you're specifically interested in Ripple, you can explore those options.
  • avatarDec 27, 2021 · 3 years ago
    As an expert at BYDFi, I can provide some insights into why Coinbase doesn't offer Ripple for sale. Coinbase is known for its rigorous listing process, and Ripple may not meet their criteria for listing. Coinbase prioritizes cryptocurrencies with strong market demand and regulatory compliance. While Ripple is a popular cryptocurrency, it has faced legal challenges and regulatory scrutiny, which may have influenced Coinbase's decision. However, it's important to note that there are other reputable exchanges where you can buy Ripple, so it's worth exploring those alternatives if you're interested in investing in Ripple.