▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
Coinbase announced Monday that it will suspend trading in XRP globally next month, nearly a week after the U.S. Securities and Exchange Commission hit Ripple with a lawsuit.
The firm announced the move in a blog post shared with The Block.
Coinbase said that XRP trading will transition to limit-only beginning immediately on December 28 and will suspend fully on January 19 at 10 AM Pacific. The suspension will not affect the firm’s clients’ ability to access wallets with XRP.
“Further, customers will remain eligible for the previously announced Spark airdrop(subject to approval in certain jurisdictions), and we will continue to support XRP on Coinbase Custody and Coinbase Wallet,” the blog post reads.
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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.
▶ Coinbase Website: Coinbase.com
▶ CEX Website: cex.io
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