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What are the reasons for Luna's absence on Coinbase?

avatarbg seenivasababuDec 27, 2021 · 3 years ago3 answers

Why is Luna not listed on Coinbase? What are the factors contributing to Luna's absence from Coinbase's platform?

What are the reasons for Luna's absence on Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    Luna is not listed on Coinbase due to several reasons. Firstly, Coinbase has a strict listing process and only adds cryptocurrencies that meet their criteria. Luna might not have met these criteria, such as having a strong community, a well-established development team, and a proven track record of security. Additionally, Coinbase might have concerns about the regulatory compliance of Luna or its underlying technology. It's also possible that Coinbase simply hasn't had the opportunity to evaluate Luna for listing yet.
  • avatarDec 27, 2021 · 3 years ago
    Well, the reason why you won't find Luna on Coinbase is that Coinbase has its own listing standards. They carefully select cryptocurrencies that meet their requirements. Luna might not have made the cut because it didn't meet Coinbase's criteria. It could be due to factors like market demand, regulatory concerns, or even technical compatibility. So, don't worry, Luna's absence on Coinbase doesn't necessarily reflect its value or potential.
  • avatarDec 27, 2021 · 3 years ago
    As an expert from BYDFi, I can tell you that Luna's absence on Coinbase is not a reflection of its quality or potential. Coinbase has its own listing process and criteria, and Luna might not have met them. However, Luna is available on other reputable exchanges, where it has gained significant traction and liquidity. So, if you're interested in Luna, you can still trade it on other platforms and benefit from its unique features.