How to buy XRP on Coinbase 2022:Unable to Buy or Sell? , When will it Return?

Want to know how to buy XRP on Coinbase in 2022 when you can’t buy or trade it, why it’s not working, and when it will return?

What exactly is Ripple?

Numerous digital currencies, such as Dogecoin and Ethereum, offer investors attractive returns in 2022. Bitcoin is not the only cryptocurrency worth investing in at this time.

Ripple, often known by its ticker code XRP, is another cryptocurrency, however, it is the polar opposite of Bitcoin in terms of privacy and decentralization.

Ripple Labs developed XRP in 2022 as a method for banks, FX investors, and other financial organizations to quickly move funds.

Unlike other Crypto, this one functions more like SWIFT, a currency built for international fund transfers.

Buying XRP on Coinbase in 2022

  • Coinbase is one of the simplest, most secure, and easiest ways to exchange cryptocurrencies.
  • Coinbase is accessible as both a website and mobile app.
  • If you are a mobile phone user, you can download Coinbase from app stores on your Android or iOS device.
  • Obviously, you must register a Coinbase account before doing anything else.
  • After a successful account setup, you are ready to trade in cryptocurrencies.
  • However, it is not possible to trade XRP on Coinbase.
  • That implies you cannot exchange it for anything.
  • It is not possible at this time.
  • Both Coinbase and Coinbase Pro display XRP there, but you can only view the price chart there.
  • After the SEC’s recent action against Ripple, XRP trading has been suspended in the US, New York, the European Union, the United Kingdom, and Canada/Singapore.
  • It applies to Coinbase as well as Coinbase pro.
  • There is additional information available on the Coinbase help website.

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Selling XRP on Coinbase

  • Following the SEC’s action against ripple, XRP trading has been banned as of the 19th of January 2021.
  • This means that Ripple cannot be traded on Coinbase.com, Coinbase.com Pro, or its mobile application.
  • Users who still have XRP in their accounts can still examine their balance, deposit XRP, and send XRP to other users.
  • If you have abundant opportunities to sell XRP for a profit, or if you no longer wish to store it in your Coinbase account, you can transfer it to another wallet.
  • Coinbase also offers airdrops of sparks tokens to XRP holders who qualify.

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Why am I unable to buy XRP on Coinbase?

Due to the Ripple SEC Lawsuit, ripple is currently available on Coinbase for purchase and sale.

The trade has been paused in all Coinbase-supported areas.

According to the material on help.coinbase.com, it cannot be purchased, sold, or converted.

This suspension affects only Coinbase and Coinbase Pro; Coinbase custody and the Coinbase wallet are currently unaffected.

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When Will XRP Return to Coinbase?

The only information provided on the official Coinbase website is that XRP trading has been suspended till further notice.

At the time of writing this entry, it is unclear when the lawsuit will be concluded and what the court’s ruling will be.

Therefore, we do not know when XRP will return to Coinbase, at least for the time being.

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