{"id":372670,"date":"2019-02-26T10:53:27","date_gmt":"2019-02-26T10:53:27","guid":{"rendered":"https:\/\/wncen.com\/?p=372670"},"modified":"2019-02-26T10:53:27","modified_gmt":"2019-02-26T10:53:27","slug":"why-did-major-crypto-exchange-coinbase-add-xrp","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/why-did-major-crypto-exchange-coinbase-add-xrp\/","title":{"rendered":"Why Did Major Crypto Exchange Coinbase Suddenly Add XRP?"},"content":{"rendered":"

Since the U.S. Securities and Exchange Commission (SEC) began to show aggression<\/a> towards digital asset offerings, specifically for their occasional security-esque nature, crypto service providers have kept on their toes. Listing the wrong asset, investing in a misaligned project, and participating in a certain blockchain could spell disaster for some hopefuls in this space. Although much of this\u00a0ambivalence has pertained to smaller projects, like the hundreds of (unregistered) initial coin offerings that reared their ugly heads in 2017’s rally, Ripple Labs has seen discourse regarding the nature of its go-to digital asset, XRP.<\/p>\n

Thus, American exchanges looking to stay on the good side of the SEC and similar entities\u00a0have precluded away from listing XRP, the third cryptocurrency by market capitalization. But, this changed on Monday, as the San Francisco-based Coinbase took the plunge after presumed months, if not years of internal deliberation.<\/p>\n

XRP To Trade On Coinbase Pro<\/strong><\/h2>\n

Ripple believers across the globe heaved a sigh of long-awaited satisfaction on Monday morning, as Coinbase Pro, the company’s trading platform for non-common Joes and Jills, divulged<\/a> its intention to list XRP. This was quickly reflected in the value of the asset, which rallied by 11% following Pro’s Twitter announcement.<\/p>\n

Related Reading:\u00a0Crypto Markets Climb After Volatile Weekend, XRP Surges Over 11% Due to Coinbase Listing<\/a><\/h6>\n
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When XRP?? Now! XRP\/USD, XRP\/EUR, and XRP\/BTC order books will soon enter transfer-only mode, accepting inbound transfers of XRP in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours. https:\/\/t.co\/MWUtUm4wRh<\/a><\/p>\n

— Coinbase Exchange \ud83d\udee1\ufe0f (@CoinbaseExch) February 25, 2019<\/a><\/p><\/blockquote>\n