Coinbase Adds Further Support for Ripple (XRP) and Shiba Inu (SHIB): Details

Shiba Inu traders will have to wait until May 30 to take advantage of the new offering.

May 24, 2024 - 14:50
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Coinbase Adds Further Support for Ripple (XRP) and Shiba Inu (SHIB): Details

TL;DR

  • Coinbase enabled trading services for XRP in the state of New York, coinciding with a brief price spike to $0.53 before correcting to around $0.51.
  • The company will also expand its offerings by introducing perpetual futures contracts for Shiba Inu (SHIB), Bonk Inu (BONK), and Floki Inu (FLOKI).

‘Exciting News’ for Some XRP Traders

The leading US-based cryptocurrency exchange – Coinbase – recently allowed trading services with Ripple’s native token – XRP – for New York users. Residents of the region can log in to buy, sell, convert, send, receive, or store the asset via the Coinbase iOS and Android applications.

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