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Coinbase Wallet App Supports XRP

coinbase xrp ripple wallet

Coinbase might finally be coming around.  Let’s revisit the sequence of events:

  1. Coinbase Pro List XRP
  2. Coinbase List XRP
  3. Coinbase Wallet now supports XRP

What’s next is the question? Coinbase becomes a Xrpaid partner?  That’s a longshot in our opinion but hey you never know.  It almost seems as if Coinbase is tiring to keep up with binance, doesn’t it?

So what is the Coinbase wallet and why is this kinda a big deal.  The Coinbase wallet is a user-custodied digital currency wallet and DApp browser. This means that with Wallet, the private keys (that represent ownership of the cryptocurrency) are stored directly on your device and not with a centralized exchange like Coinbase Consumer. You do not need a Coinbase Consumer account to use Wallet and you can download Wallet from anywhere in the world.

So Coinbase adds support for XRP on their wallet just 3 days after Binance Trust Wallet Adds Support for XRP.  Listen if I was Coinbase I would do everything that Binance was doing.  Binance can’t do any wrong at this moment.  CZ sure knows how to run a business and he gives the community what they want and when they want it.  Coinbase, on the other hand, should have listed XRP 2 years ago and added support for XRP on there wallet around the same time.

Coinbase Wallet is the #1 mobile crypto wallet and Web 3 DApp browser. Wallet makes it easy for you to securely store, send and receive Bitcoin (BTC), Bitcoin Cash (BCH), Ether (ETH), Ether Classic (ETC), Litecoin (LTC), XRP, and Ethereum-based ERC20 tokens.

Time will tell if Coinbase is matching Binance move for move, but it sure does look like it.

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