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The XRP community has always pushed Binance to adopt this virtual currency as the basic currency for the Binance exchange. Binance is one of the largest and most used virtual currency exchanges on the market in terms of daily trading volume.
A few hours ago, Binance CEO Changpeng Zhao uploaded a Tweet that engages with the XRP community to get XRP added to the platform as a basic virtual currency.
At the time of writing, the tweet received more than 3,100 comments, 6,600 likes and 2,800 retweets. Most users request the exchange to enable XRP / FIAT trading pairs. Some users say this would allow the platform to make more money and reduce expenses by using the newly launched xRapid service and product.
The basic shr xrp is strong. Take it from your system and put all your shillings under this tweet, and see how much we get. https://t.co/usiISCtuSj
– CZ Binance (@cz_binance) November 18, 2018
At the end of last week, XRP was able to overcome Ethereum (ETH) in the virtual currency market. This allowed XRP to become the second most valuable cryptocurrency after Bitcoin (BTC). And after that, the CEO of Binance decided to suggest that there is a possibility for the platform to add XRP as a base currency.
The XRP community has always asked Binance to add XRP as a basic cryptocurrency to the exchange. At the moment, Binance offers users the ability to exchange virtual currencies with ETH, Tether (USDT), Binance Coin (BNB) and BTC.
Weiss Ratings, the independent rating agency that evaluates virtual currencies, also promoted the idea of including XRP as the base currency. Explain that XRP is the fastest digital resource for transferring funds between exchanges.
We think that the #XRP it is the fastest digital resource to transfer funds between the exchanges. It only makes sense for #Binance use it as a base #currency – why should you go through an intermediary currency for trade? #crypto #btc #altcoins
– Weiss evaluations (@WeissRatings) 10 August 2018
Cryptocurrency exchange CoinField, which is based in Canada, has already started offering XRP trading pairs compared to other virtual currencies. There are two other virtual currencies that support XRP as the base currency: Bitrue and DCEX.
Currently, XRP has a market capitalization of $ 19 billion and each XRP currency can be purchased for $ 0.47.
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