Can someone explain to my why? - page 2.

martina14

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Quote from: voltesbazooka on August 05, 2018, 02:41:22 AM

Coinbase would be including XRP but only for storage purposes and not for trading. Can someone tell me why?

Coinbase will add more coin especially ERC-20 backed up.
though what they are offering is wallet to store tokens.
But i am thinking what is the purpose for that?

blacknight789

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Basically they haven't come to a decision yet about the trading of new coins that will be added to their database very soon. But according to them, all these assets will be approved for trading on Coinbase sooner or later given that they pass the requirements of the Coinbase Digital Asset Framework.

btcmaster999

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They (XRP) are still not officially trading news coins, but news will come on it soon. But if they pass they framework, they are assuring to be approved at Coinbase for trading very soon.

cryptofan999

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This is basically like a wallet. Given coinbase has always struggled with what they want be, whether they are a wallet or an exchange, this may be their new identity, finally.

Pet240

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Well, this might be in preparation for future trading,but for now, i think its just for the purpose of storage.

ylnar123

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Quote from: voltesbazooka on August 05, 2018, 02:41:22 AM

Coinbase would be including XRP but only for storage purposes and not for trading. Can someone tell me why?

Maybe it good for xrp to be included in coinbase so as the other new cryptocurrencies. But claims that coinbase will be a storage for xrp and not for trading, I don't know if its true or not. Let's just wait for the progress of this news.

Nalbo

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Storage means they'll support an online wallet for the currency but not exchange. They have officially announced it not only for Ripple but many more coins https://blog.coinbase.com/coinbase-custody-is-exploring-a-range-of-new-assets-e700496844be

"Coinbase Custody is exploring the addition of many existing and forthcoming crypto assets for storage only, and will be working to add them as quickly and safely as possible. At this time, we have not yet considered these assets for trading. We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets."

abanansah

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www.daxico.com

Maybe trading XRP won't be profitable for them and it is rational for them to exempt it but the best response can be from their customer service.find out from them.

Aniwura

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This simply is just a storage medium, but i think you can make more enquiries on thin on their website.

yinoye

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This sounds kinda twisted. If xrp will be added to coinbase for storage only, does this mean that coinbase users can only send xrp from another exchange or wallet to their coinbase wallet but will not be able to buy xrp directly from coinbase with btc or eth? Or maybe users can buy at instant quoted price.

tabas

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Top Crypto Casino

Is this real that they will be including XRP? I thought that Coinbase won't add them to the platform and this is why many has been bitter with Coinbase.

IVEXO

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Quote from: Mishgan27 on August 05, 2018, 03:03:47 AM

Coinbase is considering adding 37 new assets to its Coinbase storage service. New cryptocurrencies will not be added to other Coinbase products. To do this, they must first pass the Coinbase digital asset platform. This process includes consideration by an internal Committee of experts whose responsibility it is to verify that the crypto asset meets the criteria established in the framework.

t

I think this is a very good move
Not making them traceable on coinbase leaves the coinbase even more unique as there won’t be any form or losses on their hands
Hopefully Etherum classic leads the way in a good manner by having a storage on coinbase e

markluis

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"In an article I found that XRP is traded a lot with USD by people who are new to crypto. And also Their goal is to gain $ and not BTC. But i’ve not enough idea about coinbase XRP."

markluis

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"I heard that coinbase custody is exploring the addition of many existing and forthcoming crypto assets for storage only, and will be working to add them as quickly and safely as possible."

Tipstar

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They are offering wallets. Like blockchain.info for bitcoin but are not making it available for trade like binance.
Coinbase has always been on dilemma whether it's a wallet or exchange. GDAX was supposed to be the exchange now coinbase pro but still the wallet supports the same.

Mishgan27

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Coinbase is considering adding 37 new assets to its Coinbase storage service. New cryptocurrencies will not be added to other Coinbase products. To do this, they must first pass the Coinbase digital asset platform. This process includes consideration by an internal Committee of experts whose responsibility it is to verify that the crypto asset meets the criteria established in the framework.

voltesbazooka

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Coinbase would be including XRP but only for storage purposes and not for trading. Can someone tell me why?

Topic: Can someone explain to my why? - page 2. (Read 280 times)