QUESTION
Is XRP available for purchase on Coinbase?
ANSWER
20
No, XRP is not available for purchase on Coinbase. The digital asset was delisted from the popular cryptocurrency exchange due to regulatory concerns surrounding Ripple, the company associated with XRP. In December 2020, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple Labs Inc., alleging that XRP was sold as an unregistered security. Consequently, Coinbase, like several other exchanges, suspended trading of XRP to comply with federal securities laws while the legal status of XRP remains unresolved. Users who had previously purchased XRP on Coinbase before the suspension can still hold it in their wallets or transfer it to other wallets but cannot buy more through Coinbase.
EXCLUSIVE OFFER
04.21.2024
DOES COINBASE SELL XRP