New York Residents can now Access XRP Services on Coinbase.com
Coinbase has announced that its New York customers who have been restricted from buying, selling or storing XRP can now access such services on Coinbase.com or through the Android or iOS mobile apps. Coinbase announced this today through a post on its Twitter handle.
XRP (XRP) is now available to Coinbase users who are New York residents. New Yorkers can now log in to buy, sell, convert, send, receive, or store XRP on https://t.co/bCG11KMQ6s or using our iOS and Android apps.https://t.co/5VE1WklrWo pic.twitter.com/Zp5odgaoHs
— Coinbase (@coinbase) May 13, 2019
Coinbase had earlier listed XRP on Coinbase.com and the mobile apps for both Android and iOS apps. However, at the time, access was restricted to users who reside in New York due to the specification of an XRP destination tag which is required to make XRP transfers.
Users in the United Kingdom and New York were not allowed access to the services, but New York residents can now access buying, selling, conversion and storage services for the asset.
XRP is the native token used by Ripple to provide liquidity for its international fund transfers which it claims has attracted over 200 clients. Ripple has grown to be a popular choice when it comes to cross-border payments across the globe. This has also made the third largest cryptocurrency quite famous as well.
The asset just got listed as an exchange-traded note on a German stock exchange Börse Stuttgart alongside Litecoin (LTC). XRP which was already listed on the exchange since April has just been listed for investors to monitor its future performance on the exchange.
The listing will bring XRP to both German and Swedish customers of Börse Stuttgart as XBT Provider provides 4 security tokens for XRP and Litecoin to be traded against the Swedish Krona and Euro.
As restriction has been lifted for New York residents, should UK customers also expect same soon? Coinbase promises to add more assets as users’ request determine which asset they need and as suitable assets are found, in order to ensure maximum satisfaction for its teeming customers.