On Tuesday, Coinbase announced that XRP will be the latest cryptocurrency to hit its pro-level trading platform. Coinbase Pro will allow users to transfer XRP to the platform right away (“After 10am on February 25”) but there will be at least a 12-hour delay before trading is enabled.
Support for XRP will be available for users in the U.S. (though not those in New York state), the U.K., Canada, Singapore, Australia and the EU. As one of the most controversial cryptocurrencies around, the addition of Ripple’s XRP is sure to stir up the institutional banking coin’s hot-blooded armies of supporters and detractors. The cryptocurrency has faced ongoing criticism for its centralized nature and its perceived lack of use beyond cross-border payments by financial institutions. [ Tech Crunch ]