Crypto exchange Coinbase hits our cryptocurrency news again today for finally confirming that it is looking to provide support for the number two cryptocurrency-Ripple on its platform.
After many months of waiting, investors can finally take a break and enjoy the moment. The San Francisco based exchange announced that they are likely to provide support for more crypto assets-about 30 including Cardano, EOS, NEO and Ripple.
Many of the XRP investors have been waiting for Coinbase to finally list Ripple on their platform and complained for a long time because the exchange giant has listed many other smaller cryptocurrencies that were even controversial such as zcash and 0x.
The announcement comes right after Coinbase decided to restore its listing process and by doing so, the company will aim to provide support for a larger range of cryptocurrencies but still, some won’t be listed in all jurisdictions around the world due to local regulation.
Coinbase noted:
“Adding new assets requires significant exploratory work from both a technical and compliance standpoint, and we cannot guarantee that all the assets we are evaluating will ultimately be listed for trading. Furthermore, our listing process may result in some of these assets being listed solely for customers to buy and sell, without the ability to send or receive using a local wallet.”
However, considering to list Ripple and actually listing it is not the same thing. The company made clear that they cannot guarantee that each cryptocurrency named in the list in the announcement will 100% find itself on Coinbase Pro and Coinbase.com.
But it is still major news that Coinbase is even considering adding XRP to its platform.
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