XRP, Bitcoin Cash, and Ethereum Classic are Delisted from the Coinbase Wallet

Tradingnewspaper.com – XRP, Bitcoin Cash, and Ethereum Classic are Delisted From Coinbase. Ethereum Classic, Bitcoin Cash, and XRP are removed from the Coinbase wallet. Due to less interest from users, the largest cryptocurrency exchange in the United States took some assets off of its self-custody smartphone app.

Today, Coinbase removed a number of important cryptocurrencies from its wallet app, including XRP from Ripple, which is the seventh-largest cryptocurrency by market capitalization.

America’s largest exchange announced on Tuesday that starting on January 23, it would stop supporting Coinbase Wallet for Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP), and Stellar (XLM).

According to Coinbase, the change was made “due to poor usage” of the platform’s assets. Coinbase Wallet is a self-custody mobile app that works like other software wallets like MetaMask, but it has a wider range of features for crypto assets.

According to Coinbase’s announcement today, customers won’t be able to purchase, trade, send, or receive assets through this app starting in 2019.
However, users will still be able to use its exchange to access the coins and tokens.

Even though the assets were taken out of Coinbase’s wallet product, users could still get them back by following their recovery steps.

A hard fork occurs when some contributors to a network decide they want to fork a blockchain in a different direction from the other participants who are working on it. BCH is the 29th largest digital asset and is a spin-off of Bitcoin.

According to its community, its main selling point is that it allows for faster payments than the first and most popular cryptocurrency, Bitcoin.

Another offshoot is ETC, which is the coin that powers the Ethereum Classic blockchain and enables network expansion. According to market cap, it is the 25th largest digital asset.
The XRP Ledger’s underlying coin, XRP, was first known as Ripple, after the cryptocurrency payments business that XRP’s developers launched. The

A blockchain called XRP Ledger was created to assist banks and other financial organizations in moving money quickly and cost-free. The market capitalization of XRP is currently $19.6 billion.

A sort of spinoff of XRP, XLP is a token that is used on the Stellar blockchain and payment network. A co-founder of Ripple developed Stellar to make international money transfers more cost-effective. The market capitalization of XLP is currently $2.2 billion.

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