People in New York state now have another reason to smile as Coinbase gives them the opportunity to trade XRP on their website.
Coinbase, which is based in San Franciso, gave the development on Monday. New York state users can now buy, sell, receive or store XRP even with apps on mobile phones with Android and iOS systems.
CoinMarketCap revealed that not too long after the news, XRP’s value increased by more than 20%. For the first time, XRP was valued at 39 cents. It is currently appreciating with other cryptocurrencies such as Bitcoin.
This is not the first time Coinbase is adding XRP to its website anyway. The difference this time is that New York and UK residents have been remembered.
Coinbase now has more cryptocurrencies on its list. Some of them include Ethereum, Bitcoin Cash (BCH), Bitcoin (BTC), Brave’s Basic Attention Token (BAT), Litecoin (LTC), USDC stable coin and a host of others.
To make users happier, Coinbase began a “fast and free” payments service for XRP and USDC stable coin. This promotion was also meant to educate people on the importance of using cryptocurrencies for making payments.