This news update is for the crypto fanatics. The long awaited moment is finally here, as Coinbase has decided to add Ripple’s XRP to Coinbase Pro(the professional trading platform available to expert traders).
Per the announcement Coinbase Pro will now accept deposits of XRP for a minimum of 12 hours before enabling full trading. Coinbase notes that it will first establish sufficient liquidity on the platform, opening trading pairs in U.S. dollars, euro and Bitcoin (BTC) in phases.
Full trading of XRP will be available to customers in the U.S., Canada, the European Union, the United Kingdom, Singapore and Australia. Coinbase may expand its services to other countries at a later time.
The addition of XRP to Coinbase has been long-awaited by the crypto community. In January 2018, Coinbase CEO Brian Armstrong quashed rumors that the exchange was added support for XRP in the short term. Following Armstrong’s announcement, the market value of XRP crashed from from over $148 billion to $126 billion.
At press time, the token is trading at $0.338, up over 11 percent on the day and 5.4 percent on the week according to data from CoinMarketCap.