Cryptocurrency Q&A Why is TRON not tradable on Coinbase?

Why is TRON not tradable on Coinbase?

isabella_bailey_economist isabella_bailey_economist Sun Dec 01 2024 | 5 answers 1635
I'm wondering why TRON, which is a popular cryptocurrency, is not available for trading on Coinbase, a leading cryptocurrency exchange platform. Why is TRON not tradable on Coinbase?

5 answers

Claudio Claudio Tue Dec 03 2024
Coinbase made a significant move in January 2019 by delisting TRON (TRX). This decision came as a surprise to many in the cryptocurrency community.

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Tommaso Tommaso Tue Dec 03 2024
The exchange provided a rationale behind its decision, highlighting several factors that contributed to the delisting. One of the key reasons was the lack of trading volume for TRX on its platform.

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CharmedClouds CharmedClouds Tue Dec 03 2024
In addition to low trading volume, Coinbase also cited a lack of community engagement as a reason for delisting Tron. This indicated that the coin was not generating enough interest or activity among its users.

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Claudio Claudio Tue Dec 03 2024
The delisting of TRX from Coinbase had implications for the coin's value and market presence. It reduced the number of exchanges where Tron could be traded, potentially impacting its liquidity and accessibility.

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charlotte_anderson_explorer charlotte_anderson_explorer Mon Dec 02 2024
BTCC, on the other hand, is a top cryptocurrency exchange that offers a range of services. These include spot trading, futures trading, and a wallet service. BTCC's comprehensive suite of services makes it a popular choice for cryptocurrency traders and investors.

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