Amidst Allegations: Coinbase Adds XRP to Retail Trading Platform
Osato Avan-Nomayo's original article for blockonomi.com reduced by 40%
Coinbase has followed up the XRP listing on its institutional service 'Coinbase Pro' by launching support for the token on its retail trading platform. Allegations continue to spread on social media of insider trading and bribes concerning the XRP listing on the San Francisco-based Coinbase. "Starting today, Coinbase supports XRP at Coinbase.com and in the Coinbase Android and iOS apps.
Coinbase customers can now buy, sell, convert, send, receive, or store XRP. Please note that inbound transfers and many sends require the specification of an XRP destination tag." Allegations of insider information continue to trail the XRP listing on Coinbase. Trading data from Monday - the day of the XRP listing on Coinbase Pro shows the usual price spike that such an announcement would cause.
The situation surrounding the Coinbase XRP listing isn't the first instance of alleged insider trading. Apart from insider trading rumors also persist of possible incentives paid by Ripple to get the XRP token listed on Coinbase.
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Summarised crypto news.