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In a tweet no more than 8 hours ago, the CoinField Exchange, Canada's most advanced trading platform, announced that it was considering adding XRP as the base currency. The tweet continued to mention that XRP will have the possibility to be combined with 30 other cryptocurrencies and numerous other international currencies.
The tweet continued to mention the plans for the global expansion exchange as follows :
We evaluated the possibility of adding
#XRP as a currency of basis for 30 cryptographic pairs direct together with USD, CAD, EUR, GBP, JPY and AED. Part of our expansion plan in 69 countries.
Similar call from XRP Community for Binance to list XRP as base currency
The XRP community has requested on many occasions the popular Binance cryptographic exchange to add the digital asset as a base currency on the platform. A Twitter user will directly ask the CEO of the exchange, Changpeng Zhao, using the following words :
We would like to see
#XRP as one of the basic assets on@Binance to move the value much more quickly! Please do so@cz_binance ! Let's take a few retweets to let you know
The reasons why XRP fans have advanced the case where the digital asset should be used as a base currency, can be summarized as follows:
- useful to Binance because it is faster
- XRP is the fastest digital resource to transfer funds between the stock exchanges
- Other exchanges are continuously heating up with the XRP as the base currency
- XRP would attract big money betters – also known as whales – which would increase the volume of trade exchanges: a win-win situation
- It is the natural and progressive thing to do given the popularity of XRP
CoinField
As stated earlier, CoinField is proud to be the best cryptographic exchange with one of the largest coin portfolios available. Its main objective is to make the world of cryptocurrencies more accessible to Canadians. The exchange currently has the Canadian dollar paired with BTC, ETH, XRP, LTC, DASH, BCH and BTG. It also has USD pairs for BTC and XRP.
With the possibility of XRP as the base currency on the exchange, the liquidity of the digital exchange will increase. The exchange will also attract loyal fans of the XRP to its platform
[Image courtesy of twitter.com/coinfieldEX]
Disclaimer: This article is not intended to give financial advice. Any opinion here is purely that of the author and does not represent the opinion of Ethereum World News or its other writers. Perform your research before investing in one of the many cryptocurrencies available. Thank you.
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