Gemini, one of the world's oldest and most reputable cryptocurrency exchanges, has announced the listing of XRP for the first time in its history. This move marks a significant milestone for XRP enthusiasts and the broader crypto community.
Gemini Embraces XRP After Legal Clarity
"We have exciting news! XRP is now available for deposits on Gemini. Trading support will follow extra soon."
— Gemini (@Gemini)
Founded in 2014, Gemini is a leading U.S.-based exchange known for its strict compliance standards. The decision to list XRP follows the landmark legal victory of Ripple Labs against the U.S. Securities and Exchange Commission (SEC), which confirmed XRP's status as a non-security asset.
This regulatory clarity prompted major exchanges like Coinbase to relist XRP, and Gemini has now joined the trend.
Why This Listing Matters
- First-Time Inclusion: Despite XRP's prominence, Gemini had never previously listed it.
- Regulatory Confidence: The exchange's move signals trust in XRP's compliance after the SEC case resolution.
- Market Expansion: XRP gains access to Gemini's institutional and retail user base.
The Road to Listing: Teasing the Community
Gemini ignited speculation earlier this week with a cryptic XRP-focused teaser on X (formerly Twitter):
"xpressing xcitement about xrp."
The post, reported by The Crypto Basic, fueled anticipation. Within 24 hours, Gemini confirmed the listing, opening deposits ahead of trading.
👉 Discover how XRP's legal win reshaped crypto regulations
Key Details
- Deposits: Already live on Gemini.
- Trading: Expected to launch imminently (check Gemini's official updates).
FAQs About Gemini's XRP Listing
Q: Why did Gemini delay listing XRP until now?
A: Gemini prioritized regulatory compliance. The SEC lawsuit's outcome provided the clarity needed to proceed.
Q: Will XRP trading be available globally on Gemini?
A: Initially for U.S. customers, with potential expansion based on local regulations.
Q: How does this impact XRP's market liquidity?
A: Gemini's inclusion boosts liquidity and accessibility for institutional investors.
Q: Are there fees for XRP deposits on Gemini?
A: Refer to Gemini's fee schedule; deposits may be free, but trading incurs standard fees.
Looking Ahead
Gemini's XRP listing underscores the asset's rehabilitated reputation post-SEC case. As more exchanges follow suit, XRP's adoption curve may steepen.
👉 Explore XRP's utility in cross-border payments
Disclaimer: This article is for informational purposes only and not financial advice. Conduct independent research before investing. The Crypto Basic disclaims liability for financial losses.
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