The peak of transactions with which many cryptographic coins are timed towards the end of 2017 has just been reached by Ripple's XRP. The year is definitely running out for money as the price is set to increase.
A few months ago, speculations were full that many cryptographic exchanges had launched the currency as a base currency. The day of reckoning has finally arrived and Ripple's XRP is ending the year with style after having set spots as a base currency on popular exchanges.
Binance opened the plan
Binance, one of the main cryptographic exchanges, has triggered the move of other exchanges to adopt Ripple's XRP as a base currency. In a tweet, the managing director, Changpeng Zhao ("CZ") has made public the intention of Binance to add a couple of trading pairs and the Ripple XRP will be among the first to taste the waters.
By virtue of this launch, XRP has become a quote currency and will be traded alongside two (2) other currencies. The currency will be exchanged on the following pairs: XZC / XRP (Zcoin) and TRX / XRP (Tron) pairs. A few hours after the launch, Ripple's XRP reached its all-time high; up 30% in one week. So how is it, the currency is exchanged in the green.
BTCEXA joins the Ripple Party
The month looks good for Ripple's XRP. BTCEXA, one of Australia's lively cryptocurrencies, is also joining the "Ripple Party". Taking cues from Binance, he set the ball's launch with the addition of Ripple's XRP as the base currency.
After Binance has translated the wishes of XRP fans into reality, BTCEXA is offering the coin the best Christmas present. As the XRP makes its way into the exchange, it will be traded on three pairs: ADA / XRP, USDT / XRP and XLM / ADA.
Ripple's XRP is launched on CryptoBridge
The decentralized exchange of cryptocurrencies, CryptoBridge, has announced the launch of Ripple's XRP as a trading pair. The stay of the currency at the exchange is quite commendable and this will have positive news for the price. Decentralized exchange training interrupts third party interference. The CryptoBridge list of Ripple XRP allows the currency to be exchanged in pairs with Bitcoin (XRP / BTC) and Ethereum (XRP / ETH).
Price increase XRP of Ripple by Binance Triggered
The move with the acclaimed exchange of cryptocurrencies, Binance to add Ripple's XRP as a base currency and allow it to trade along with futuristic currencies is a milestone in the currency results in 2018. It leaves no doubt about the fact that Binance has activated other exchanges to do the same.
Because Ripple's XRP price is rising and with the hopes of a bull market, coin fans look to Coinbase. Involved in heavy criticism, Coinbase is the next to add currency as a base currency.
Despite the bearish market that has dragged most of the year, Ripple's XRP is waterproofing it with impressive base currency portfolios on vibrant cryptocurrency exchanges. Thanks to Binance, Ripple's XRP got the best Christmas present and is finishing the year with style.