The Ripple and XRP community have yet another reason to jump for joy today. Another one of their dreams comes true, and Coinbase Pro lists their favorite token on the platform.
XRP gets listed on Coinbase Pro
Coinbase revealed that XRP would be listed on Coinbase Pro and this announcement brought a tone of excitement among the members of the community.
According to Coinbase, the launch would first reach the users located in the US, UK, Canada, Singapore, Australia and the supported nations in the European Union.
“After 10 am on February 25, 2019, we will begin accepting inbound transfers of XRP to Coinbase Pro. We will accept deposits for a minimum of 12 hours before enabling full trading,” Coinbase announced.
They continued and told users: “Please note that inbound transfers require the specification of an XRP destination tag. Once sufficient supply of XRP is established on the platform, trading on the XRP/USD, XRP/EUR, and XRP/BTC order books will start in phases, beginning with post-only mode and proceeding to full trading should our metrics for a healthy market be met.”
Ripple’s market cap heads to the moon
The news that Coinbase Pro is listing XRP triggered a massive surge in the coin’s price. In the first hours after the grand announcement has been made, XRP’s market cap surges with $1 billion, reports CryptoBriefing.
“Data collected by CoinMarketCap shows that XRP’s market cap has surged upwards by more than $2bn by press time. So far the coin’s total value has increased from $12.8bn to $13.9bn in the past hour, a rise of more than $1.1bn,” according to the online publication.
Coil supports XRP adoption
Ripple has been in the spotlight again recently with great news regarding XRP adoption. Coil makes sure to boost Ripple’s XRP adoption even more with their latest achievement.
This will make content creators and XRP enthusiasts really happy. Coil just announced that they plan to launch a brand new live video streaming platform – Cinnamon.
Content creators will have the ability to monetize their content with XRP.