Will Ox (ZRX) And Ripple (XRP) Be Added To The List Of Tradeable Digital Currencies On Coinbase?
It is the goal of every digital currency to get featured on as many digital currency trading platforms as possible, and Coinbase is one of the top digital currency trading platforms every digital currency would want to be listed on. By being featured on a trading platform, a digital currency would get lots of benefits, and its exposure will also increase.
This is as well the goal for Ox (ZRX) and ripple, although their possibilities of being featured on Coinbase are not as high as what their supporters are expecting. The investors and fans of Ox (ZRX) and Ripple (XRP) are waiting for the announcement that they are being featured on Coinbase every single day. But the announcement is yet to come, probably for some reasons.
Why Coinbase Will Not Accept XRP
The digital currency trading platform newly announced that it’ll add Ethereum Classic to its list of tradeable digital currencies, and this was a big surprise for the fans of Ripple. Considering the fact that Ripple (XRP) is the third most valuable digital currency in the world, the fans of Ripple were confused with this choice, now that the trading platform decided to list new digital currencies.
The reason why Coinbase won't add Ripple (XRP) to its trading platform include legal issues and several pending cases. As a result of this, the digital currency does not meet the fundamental requirements of the trading platform.
What’s the Issue with Ox (ZRX)?
Ox (ZRX) is quite different from Ripple, and it lets users to trading ERC20 tokens through its ZRX token. The popularity of the coin increased lately, and this made its fans to believe that the con has the potential to be listed on Coinbase.
Seemly, the digital currency actually meets all the fundamental requirements that are needed for it to be featured by a trading platform. It complies with regulations and laws, it has economic freedom, and it is decentralized.
The issue lies in the new developments regarding the platform of Coinbase. The trading platform has announced that it’s trying to get regulatory permission to add crypto and blockchain security assets. This is why Ox doesn’t really have a chance of being listed on Coinbase.
Posted from my blog with SteemPress : https://smartereum.com/20128/will-ox-zrx-and-ripple-xrp-be-added-to-the-list-of-tradeable-digital-currencies-on-coinbase/
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