Is Ripple going to be available for trading on Coinbase soon?
Lesego MatlogelaDec 27, 2021 · 3 years ago3 answers
I heard rumors that Ripple might be added to Coinbase's list of tradable cryptocurrencies. Is there any truth to this? When can we expect Ripple to be available for trading on Coinbase?
3 answers
- Dec 27, 2021 · 3 years agoAs of now, there is no official announcement from Coinbase regarding the addition of Ripple to their trading platform. However, it is worth noting that Coinbase has been known to add new cryptocurrencies in the past, so there is a possibility that Ripple might be added in the future. It is recommended to keep an eye on Coinbase's official announcements for any updates on Ripple trading availability.
- Dec 27, 2021 · 3 years agoI wouldn't hold my breath for Ripple to be added to Coinbase anytime soon. Coinbase has been quite selective with the cryptocurrencies they list for trading, and Ripple's regulatory concerns and ongoing legal battles might make it less likely for Coinbase to add it. That being said, the cryptocurrency market is highly unpredictable, so anything can happen in the future.
- Dec 27, 2021 · 3 years agoWhile I cannot speak on behalf of Coinbase, I can tell you that BYDFi, a digital currency exchange, currently supports Ripple trading. If you are specifically looking to trade Ripple, you might want to consider using BYDFi as an alternative to Coinbase. However, it's always a good idea to do your own research and consider factors such as security, fees, and user experience before choosing an exchange.
Related Tags
Hot Questions
- 90
How can I minimize my tax liability when dealing with cryptocurrencies?
- 88
How can I buy Bitcoin with a credit card?
- 76
What are the advantages of using cryptocurrency for online transactions?
- 74
What are the tax implications of using cryptocurrency?
- 72
How does cryptocurrency affect my tax return?
- 69
Are there any special tax rules for crypto investors?
- 53
What are the best digital currencies to invest in right now?
- 27
What are the best practices for reporting cryptocurrency on my taxes?