Why did Coinbase remove the request function for digital currencies?

3 answers

• Jan 14, 2022 · 3 years ago
  Coinbase removed the request function for digital currencies due to concerns over potential misuse and abuse. By allowing users to request specific digital currencies, Coinbase was inadvertently facilitating pump and dump schemes and market manipulation. To protect the integrity of the market and ensure a fair trading environment, Coinbase decided to remove this feature.
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• Jan 14, 2022 · 3 years ago
  The removal of the request function was also driven by Coinbase's focus on compliance and regulatory requirements. By removing this feature, Coinbase can better align with regulatory guidelines and prevent any potential legal issues associated with facilitating the trading of certain digital currencies.
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• Jan 14, 2022 · 3 years ago
  As an expert in the field, I can say that the removal of the request function for digital currencies was a smart move by Coinbase. It helps prevent market manipulation and ensures a level playing field for all traders. Other exchanges should consider implementing similar measures to maintain the integrity of the market.
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