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If Coinbase adds XRP will YOU use it


djn121

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Ok so let’s say Coinbase actually does adopt XRP as its fourth listed coin. 

Great news for ripple

Great news for XRP

HUGE news for us :crazy::beach::banana:

 

All that aside. Does anyone plan on using it? I’ve completed a few transactions on it and all of their fee’s are through the roof compared to bitstamp. 

 

Just curious! 

 

This is my first thread, I’ve been holding and adding XRP to my stash for a little over a month and am more than thrilled with my portfolio up 30% so far. 

Whats happening behind the scenes here is clear as day, and once the masses start catching on, which they are, I believe we’ll continue to enjoy these steady gains for the rest of the year. 

XRP or bust

Edited by djn121
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If it's added to Coinbase I'll definitely use it.  My credit union is based in the US and has no SWIFT option so it's the easiest way for me to purchase crypto.  Normally just buy ETH and send to my Bitstamp account and just currency swap (25bps) ETH>BTC>XRP.  I've heard GDAX has lower fees, and should be same transfer times, I just have not had time to setup an account and link bank info.

Also feel a little more comfortable purchasing from a US based entity.  Feel like if a transaction went sideways I would have more protection.

 

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16 minutes ago, Archive said:

If it's added to Coinbase I'll definitely use it.  My credit union is based in the US and has no SWIFT option so it's the easiest way for me to purchase crypto.  Normally just buy ETH and send to my Bitstamp account and just currency swap (25bps) ETH>BTC>XRP.  I've heard GDAX has lower fees, and should be same transfer times, I just have not had time to setup an account and link bank info.

Also feel a little more comfortable purchasing from a US based entity.  Feel like if a transaction went sideways I would have more protection.

 

Yeah it seems you have to jump over a few extra hurdles to get your money to it’s destination than I do. And I agree a US backed entity is huge.

14 minutes ago, RegalChicken said:

Immediately I'd transfer xrp to coinbase. Immediately. 

 

However it wouldn't be the fourth coin. They are already working to support the btc forks.

I agree, because I don’t day trade at all, it would just be the one time transfer fee to hold. Sweet. I’ll be right there with you. 

And thanks for the correction — I really just meant if they add it in general. 

16 minutes ago, Nymdok said:

I'd consider it, but Im pretty happy with Bitstamp. They'd have to win by a knockout.

I agree with you, I’m also happy with bitstamp. ...  my funds make it there over night and trades are INSANE cheap. BUT the only thing I don’t like doing is sending my money to some random bank in Slovenia. Coinbase would solve that problem

14 minutes ago, RegalChicken said:

I just trust coinbase more than anyone else. Plus I believe they carry insurance. Iirc

It definitely seems to be the most trustworthy platform.... Coinbase it is. 

 

 

Thank you you all for the input 

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Maybe. I have been looking at gdax recently for btc exchanges. But the whole beauty for me with XRP is you don’t need an exchange. I feel much safer just trading on the XRP ledger itself. At least that way my XRP can’t be lost if an exchange pulls a scam. 

-Matt

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Currently I ACH USD to coinbase, then buy litecoin and transfer to bitstamp, then swap for XRP.

Getting XRP direct from coinbase would be really nice. Plus my most recent attempt to move money resulted in me holding my litecoin as the prices surged. Great I made some easy profit, but I really wanted XRP and would have made the same or more in profit had I not had to hold the litecoin even for a short amount of time.

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58 minutes ago, JA8 said:

I think it's unlikely that Coinbase will add XRP as Brian Armstrong is very ideologically aligned with the libertarian aspects of cryptocurrency.

XRP is one of the most libertarian coins, especially in combination with ILP and Corda, provided that the promise of full decentralization in 2018 is fulfilled. XRP provides more freedom, because a user of the system is free to choose his own validators.

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He is not likely to consider XRP as a libertarian coin, due to its connection with banks. XRP helps banks to remain competitive and survive, and this is anathema for anyone who wants to see the banking system die.

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If Coinbase adds XRP my guess is that XRP will be worth 1$

* I will not use coinbase, because I am happy with Kraken and others.

Edited by Guest
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