XRP Looked Cheaper on Coinbase—Until One Currency Conversion Erased the Gap

USDT Conversion Puts XRP’s Calculated Coinbase Gap at 0.006%

Comparing the Nov. 2 XRP closing prices without converting their quote currencies produced an apparent 0.168% Coinbase discount.

XRP Coinbase Discount Shrinks After USDT Conversion

An analysis shows XRP's apparent discount on Coinbase narrowed significantly when Binance's USDT quote was converted to dollars, challenging claims of weaker demand. Read the original on XRP Coinbase Discount Shrinks to 0.006% After USDT Conversion. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

XRP Looked Cheaper on Coinbase—Until One Currency Conversion Erased the Gap

XRP appeared to trade at a notable Coinbase discount on November 2, but converting Binance's USDT quote into dollars reduced the gap from 0.168% to just 0.006%.

Coinbase XRP looked cheap on Nov. 2 despite identical market value

At the November 2 close, an independent comparison narrows XRP’s Coinbase discount from 0.168% to 0.006% after converting USDT into dollars. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox