XRP (XRP) Rallies 11% After Coinbase Announces Long-Awaited Listing
When XRP?? Now! XRP/USD, XRP/EUR, and XRP/BTC order books will soon enter transfer-only mode, accepting inbound transfers of XRP in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours. https://t.co/MWUtUm4wRh
— Coinbase Pro (@CoinbasePro) February 25, 2019
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.
Following the news, XRP has rallied 11% on the day to $0.334382, giving the coin a $13.83 billion market cap.
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.