Stellar Lumens is launching on Coinbase Pro

13 Mar, 2019 | Updated: 13 Mar, 2019
by Joeri Cant
Exchange
Stellar Lumens is launching on Coinbase Pro

According to the Coinbase blog, Stellar Lumens (XLM), will soon be available for trading on its advanced trading platform Coinbase Pro.

Support for XLM will be immediately available for Coinbase Pro users in Coinbase’s supported jurisdictions, with the exception of New York State.

The blog adds that additional jurisdictions may be added at a later date.

Beginning Mar. 13th, 13:00 PT, Coinbase will begin accepting inbound transfers of XLM to Coinbase Pro. Deposits will be available approximately 12 hours prior to full trading.

The move follows the exchange’s full listing of Ripple’s XRP on Coinbase.com.

The blog further points out that XLM is not yet available on Coinbase.com or via their mobile apps. However, they will make a separate announcement when that occurs.

The blog concludes by saying that one of the most common requests they receive from customers is to be able to trade more assets on our platform. 'Per the terms of our listing process, we anticipate supporting more assets that meet our standards over time.'

Read more: It is official! XRP is launching on Coinbase Pro

Stellar.org tweets that Coinbase is by far the most reputable exchange in the industry and that the launch on Coinbase Pro is a huge step for the Stellar network.

The reactions to Stellar's launch on Coinbase Pro are mostly positive.

Some point out that a bump in XLM's price can be expected.

While others claim the Coinbase listing won't have a huge effect on XLM's price.

Follow Chepicap now on Twitter, YouTubeTelegram and Facebook!

Chepicap is here for you 24/7 to keep you informed on everything crypto. Like what we do? Tip us some Satoshi with the exciting new Lightning Network Tippin.me tool!

 

Read more: How to tip and receive Bitcoin via the Lightning Network with Tippin.me

Poll

Can XLM take a real lead?

(6 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage