XRP (XRP) Rallies 11% After Coinbase Announces Long-Awaited Listing

via QuoteInspector.com

The XRP Army can finally rejoice as Coinbase has made the decision to list Ripple’s digital currency (XRP), starting with Coinbase Pro, the exchange’s professional trading platform.

According to the announcement, XRP/USD, XRP/EUR, and XRP/BTC trading pairs will be made available to investors once order books open. Starting today, investors can begin depositing funds. Order books will be transfer-only for the first 12 hours and, once a critical amount of XRP is reached, Coinbase will open the platform for trading.

As with previous asset listings, Coinbase does not have a timeline for XRP to arrive on the retail trading platform. Coinbase Pro users in the U.S. (excluding New York), U.K., supported E.U. member nations, Canada, Singapore and Australia will be able to trade XRP once live.

XRP/USD (CoinCodex)

Following the news, XRP has rallied 11% on the day to $0.334382, giving the coin a $13.83 billion market cap.

More: XRP Is launching on Coinbase Pro
Similar: ChainFront Adds Support for Ripple (XRP) and Ethereum (ETH)

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.

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