Why hasn't Coinbase added XRP to its platform?

3 answers

• Dec 16, 2021 · 3 years ago
  Coinbase has not added XRP to its platform due to regulatory concerns. As a US-based exchange, Coinbase needs to comply with strict regulations imposed by the Securities and Exchange Commission (SEC). XRP's legal status has been a topic of debate, with some arguing that it should be classified as a security. Until there is more clarity on the regulatory front, Coinbase may choose to avoid listing XRP to mitigate any potential legal risks.
  442221
• Dec 16, 2021 · 3 years ago
  Coinbase has not added XRP to its platform because it does not meet their listing criteria. Coinbase has a rigorous evaluation process for adding new cryptocurrencies, which includes factors such as market demand, security, and compliance. While XRP is one of the largest cryptocurrencies by market capitalization, Coinbase may have determined that it does not meet their standards in terms of security or compliance.
  417139
• Dec 16, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can tell you that Coinbase has not added XRP to its platform because they believe it does not align with their mission and values. Coinbase has a strong focus on promoting decentralization and open financial systems. XRP, being closely associated with Ripple, a centralized company, may not fit into Coinbase's vision. Coinbase aims to support cryptocurrencies that are truly decentralized and have a strong community backing.
  473119