Connect with us

Blogs

Here Is How the Listing of Stellar (XLM) on Coinbase Will Pave The Way for an XRP Listing

Published

on

XRP
READ LATER - DOWNLOAD THIS POST AS PDF

Popular cryptocurrency exchange of Coinbase announced that it is currently looking into listing the following 5 digital assets on its platform: Cardano (ADA), Stellar (XLM), Ox (ZRX), Basic Attention Token (BAT) and ZCash (ZEC). The announcement was made via Twitter, as well as on the Coinbase blog, and it stated that:

“We are making this announcement [of the 5 cryptocurrencies] internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.”

The team at Coinbase also expressed their concerns about listing the new assets:

“We are making this announcement internally at Coinbase and to the public at the same time to remain transparent with our customers about support for future assets.”

So how will the listing of Stellar pave the way for XRP onto Coinbase?

Looking at the second statement by the team at Coinbase, their willingness to list digital assets outside their comfort zones of Bitcoin and Ethereum based protocols means that they probably have a new team of developers at the exchange. These developers are probably hard at work trying to integrate the blockchain platforms of these 5 digital assets to those of the Coinbase exchange. This could, in turn, mean that listing XRP in the future on Coinbase will be as easy as using a warm knife on butter; since they will have the experience of adding new assets on the platform.

The second reason why the listing of XLM will pave the way for XRP being listed on Coinbase is the background both coins have with having one Co-Founder, Jed McCaleb. Knowing how the professional networks work in technology, someone somewhere will pitch the idea of listing XRP once XLM is added on Coinbase. Another question to ask is if the code behind the two digital assets is similar given McCaleb co-created both. If this is the case, adding XRP on Coinbase will be as easy as charging a mobile phone: plug and play.

A third reason is that the guys at Ripple will probably note that XLM is being listed on Coinbase for the Stellar platform is more decentralized than that of XRP. The team at Ripple will, therefore, accelerate decentralization on the ledger by adding additional validators on the network. We all know the effect of competition and seeing what your neighbor has achieved. In the case of Ripple, they will feel motivated to get XRP listed once XLM succeeds in doing so at Coinbase.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

Blogs

How Can Foreigners Get Loans in Singapore

Published

on

loans for foreigners in Singapore
READ LATER - DOWNLOAD THIS POST AS PDF

Foreigners who are residing in Singapore and looking for financing could do so in the form of a payday loan. It is good to find out that you can borrow the money from a reputable lender and that the interest rates are low enough for it to be a viable option. Online lenders that specialize in doing business in the country can certainly help one. These online companies are not only reliable, but their service is fast.

At the same time, many cannot afford a high standard of living. Many individuals cannot afford essentials, such as a car or a house. It can be difficult for the majority of the working class to scrape through on their basic salary. 

What defines a foreigner in Singapore? 

A foreigner in Singapore means that you are not a permanent or natural citizen there. As a foreigner, you will not be holding a Singaporean passport. The rules can differ a little for foreigners and residents. Singapore, being a multinational hub, houses many foreigners within the city. Foreigners come to Singapore for the many attractions it offers. Many people come to Singapore for Work-related purposes. A lot many also come for vacations or to visit a friend or a relative. Some foreigners come with a plan to move to Singapore permanently, attracted by their lavish lifestyle. Singapore also…

Continue Reading

Altcoins

Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

Published

on

Aluna.Social
READ LATER - DOWNLOAD THIS POST AS PDF

When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

Continue Reading

Altcoins

CoinFlip Scores Big with BRD Wallet Partnership

Published

on

CoinFlip
READ LATER - DOWNLOAD THIS POST AS PDF

As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

Continue Reading

Press Release