A recent Tweet by user @Crypto_Agent recently emerged and started several rumors about Coinbase’s alleged new plans to add support for new cryptocurrencies on its platform. The Tweet features a picture taken of the Coinbase website, as well as information stating that the platform intends to add Stratis, Dash, and Ripple to its platform.
Coinbase, however, has not yet released an official statement regarding the alleged plans, which has led many to dismiss the Tweet as nothing more but a hoax. However, several other users believe this to be a real possibility, especially considering the increased demand for Ripple.
Technically speaking, Coinbase definitely has the capability to add support for new cryptocurrencies to its platform.
Coinbase has been at the receiving end of widespread criticism from its user base, as of late. In the last few weeks, the platform has experienced several technical difficulties which caused a shutdown that lasted for hours. Coinbase was reported to struggle with an influx of traffic volume, which in turn started rumors about the platform’s liquidity.
https://twitter.com/Crypto_Agent/status/944290566942220288
This move could reflect positively for both Coinbase and the respective crytpocurrencies. While Coinbase would be able to appeal to a wider market, each cryptocurrency is also likely to benefit from a possible price increase and market cap.
Coinbase is a key player when it comes to crypto-exchanges. It’s continued technical difficulties might affect its ability to satisfy customers, which could greatly impact its user base.
To learn more about Coinbase, view our Coinbase review.
Coinbase, however, has not yet released an official statement regarding the alleged plans, which has led many to dismiss the Tweet as nothing more but a hoax. However, several other users believe this to be a real possibility, especially considering the increased demand for Ripple.
Technically speaking, Coinbase definitely has the capability to add support for new cryptocurrencies to its platform.
Coinbase has been at the receiving end of widespread criticism from its user base, as of late. In the last few weeks, the platform has experienced several technical difficulties which caused a shutdown that lasted for hours. Coinbase was reported to struggle with an influx of traffic volume, which in turn started rumors about the platform’s liquidity.
https://twitter.com/Crypto_Agent/status/944290566942220288
This move could reflect positively for both Coinbase and the respective crytpocurrencies. While Coinbase would be able to appeal to a wider market, each cryptocurrency is also likely to benefit from a possible price increase and market cap.
Coinbase is a key player when it comes to crypto-exchanges. It’s continued technical difficulties might affect its ability to satisfy customers, which could greatly impact its user base.
To learn more about Coinbase, view our Coinbase review.