Coinbase is launching XRP on its platform
Coinbase announced on their official blog, that will add on the Coinbase Pro platform the third largest cryptocurrency by market cap XRP.
Once sufficient supply of XRP is established on the platform, trading on the XRP/USD, XRP/EUR, and XRP/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met. XRP trading will initially be accessible for Coinbase Pro users in the US (excluding NY), UK, supported European Union member nations, Canada, Singapore, and Australia. Additional jurisdictions may be added at a later date.
XRP will not be available on the Coinbase.com or on their mobile apps yet. This is on the plans and they will announce on a new press release once XRP will be available.Also, based on comments from experts in the community, it appears that the benefits of listing XRP on Coinbase Pro outweigh the potential costs.
Additionally, there will be four stages to the launch: Transfer-only, Post-only, Limit-only, Full trading.
XRP, currently is #3 by market cap, is up 7.51% over the past 24 hours. XRP has a market cap of $13.48B with a 24 hour volume of $1.05B.
Support for XRP will initially be available for Coinbase Pro users in the US (excluding NY), UK, supported European Union member nations, Canada, Singapore, and Australia. Additional jurisdictions may be added at a later date.