Share this article
Coinbase Exchange Users Can Buy and Sell XRP Starting Today
Coinbase users can buy and sell XRP on its professional exchange platform starting Tuesday.
By Nikhilesh De
Updated Sep 13, 2021, 8:55 a.m. Published Feb 25, 2019, 6:01 p.m.
UPDATE (26, February 17:20 UTC): Coinbase Pro announced Tuesday that it had enabled full trading for its XRP/BTC, XRP/USD and XRP/EUR order books.
Crypto exchange Coinbase is launching support for XRP, the third-largest cryptocurrency by market capitalization.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The exchange announced Monday it would be listing XRP on its professional trading platform, Coinbase Pro, in "transfer-only" mode, meaning customers can only deposit tokens to begin with. After a minimum of 12 hours, the company plans to activate other trading services, though this timeline is variable.
Initially, Coinbase Pro customers in the U.S. (excluding New York state), the UK, some EU nations, Canada, Singapore and Australia will be able to access XRP, with support for other jurisdictions possibly being added in the future.
While no firm timeline for launching support on Coinbase's retail platforms (coinbase.com, as well as its Android and iOS apps) was given, the exchange typically launches cryptocurrencies for its non-professional users within a few weeks of launching support on Coinbase Pro.
"The [XRP] ledger is powered by a network of peer-to-peer servers. All accounts on this network can send or receive XRP to/from each other, while XRP can be used to send underlying fiat currencies between two parties," a Coinbase blog post said, adding:
"In this way, XRP can function as a bridge currency in transactions involving different currencies such as US dollars, Japanese yen, Euros, Francs, and others in use on the XRP network."
An individual familiar with Coinbase's internal decision-making process said the company "is prepared to support the asset however it's classified by regulators," referring to the open question of whether XRP qualifies as a security.
Ripple Labs, its subsidiary XRP II and a number of individuals affiliated with the XRP cryptocurrency are currently defendants in a federal class-action lawsuit alleging that XRP is a security issued by the payments startup, a claim that Ripple has denied.
Brian Armstrong onstage at Techcrunch Disrupt London in 2014 interviewed by Alex Wilhelm.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin’s Deep Correction Sets Stage for December Rebound, Says K33 Research
K33 Research says market fear is outweighing fundamentals as bitcoin nears key levels. December could offer an entry point for bold investors.
What to know:
- K33 Research says bitcoin’s steep correction shows signs of bottoming, with December potentially marking a turning point.
- The firm has argued that the market is overreacting to long-term risks while ignoring near-term signals of strength, like low leverage and solid support levels.
- With likely policy shifts ahead and cautious positioning in futures, K33 sees more upside potential than risk of another major collapse.
Top Stories
