Tuesday, January 2, 2018

Ripple Coming to Coinbase? What Move Would Mean for Surging Cryptocurrency (inverse)


By Alasdair Wilkins on January 2, 2018
Filed Under Bitcoin
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While no cryptocurrency is yet ready to rival bitcoin, a surprise contender has popped up in the race for the silver medal. Originally designed in 2012 to ease bank-to-bank transfers, Ripple now has the biggest market cap of any non-bitcoin cryptocurrency, and there’s still one obvious thing holding back its potential: It’s not yet on Coinbase, the world’s most popular cryptocurrency exchange.


The big questions then for those intrigued in the cryptocurrency’s long-term potential are when it will make its debut on the exchange, and what effect that would have on its price.

Adding Ripple to Coinbase would make it vastly easier for more casual cryptocurrency users to gain access to its XRP tokens, which for now are only available on less user-friendly exchanges like Bitstamp](https://www.bitstamp.net), Bittrex, Kraken, and GateHub. Buying XRP tokens is certainly doable, but it requires more steps than Coinbase’s simple interface would enable.
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