A dissatisfied customer of Coinbase has recently started a petition against the company and wants them to include Ripple XRP in its cryptocurrency catalog. Sharing the customer’s dissatisfaction or wishes are twenty thousand other users, and the number is rising by the second.
Coinbase is a cryptocurrency exchange centered in San Francisco, California. Currently, they are the biggest broker exchanges of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin. They also support function in 32 countries and boasts a growing user base of over 10 million customers and counting.
While their services are top notch and their quality is best in class, the problem is that the exchange only supports the above mentioned four cryptocurrencies. The company says that prefer putting more effort and focus on improving and perfecting the services they offer relative to the services it already has. And so people who adore the platform, but hates its decision not include Ripple XRP, are speaking their mind through this petition.
Now this petition to start Ripple XRP trading on Coinbase isn’t anything new but has been going on for a while now, since 2017. Just last month on Jan 5th, Coinbase again stated that it wouldn’t be offering to trade in Ripple XRP which caused the coin to lose about 25% of its value. The cryptocurrency exchange further stated that “As of the date of this statement, we have not decided to add additional assets to either GDAX or Coinbase. Any statement to the contrary is untrue and not authorized by the company.”
In all regards, it is queer some of why Ripple XRP is neglected by Coinbase, even though it ranks third in terms of market capital which estimates over $36 billion. Currently, the price of one XRP coin is set at $0.94.
Also, mostly all other cryptocurrency traders and exchanges make several hundred cryptocurrencies available to their customers so that they are free to choose the digital currency of their choice. Coinbase being a leading cryptocurrency exchange in the U.S. should be able to make room for at least one, especially given its huge market share.