Coinbase Wallet is delisting four cryptocurrencies, including XRP, later this year.
According to Coinbase’s statement Bitcoin Cash (BCH), Ethereum Classic (ETC), Stellar (XLM) and XRP as of Dec. It will no longer be supported on Coinbase Wallet from now on.
Users who hold these cryptocurrencies in their Coinbase Wallet account, even after transactions are closed. keep withdrawing their money for a while they can.
In a statement about why these cryptocurrencies were removed from the Wallet application, Coinbase stated that they “low level of use” gave reasons.
With a market cap of $19.6 billion, according to CoinGecko data, XRP is the seventh largest cryptocurrency in the market.