The peak of transactions which many crypto coins clocked towards the end of 2017 has just been attained by Ripple’s XRP. The year is certainly ending well for the coin as the price is set to be on the rise.
Few months ago, speculations were rife that many crypto exchanges will launch the coin as a base currency. The day of reckoning has finally come and Ripple’s XRP is ending the year with style after securing spots as a base currency on popular exchanges.
Binance Opened the Floor
Binance, one of the leading crypto exchanges triggered other exchanges’ move to adopt Ripple’s XRP as a base currency. In a tweet, the exchanges CEO, Changpeng Zhao (“CZ”) made public Binance’s intention to add couple of trading pairs and Ripple’s XRP will be among the first to taste the waters.
By virtue of this launch, XRP became a quote currency and will be trading alongside two (2) other coins. The coin will be trading on the following pairs: XZC/XRP (Zcoin) and TRX/XRP (Tron) pairs. Few hours after the launch, Ripple’s XRP clocked an all-time high; rising by 30% in one week. As it stands, the coin is trading in the green.
BTCEXA Joins the Ripple Party
The month looks good for Ripple’s XRP. BTCEXA, one of Australia’s vibrant cryptocurrency exchanges is also joining the “Ripple Party”. Taking cue from Binance, it has set the ball rolling with the addition of Ripple’s XRP as a base currency.
After Binance translated the wishes of XRP fans into reality, BTCEXA is offering the coin the best Christmas gift. As XRP makes its way into the exchange, it will be trading on three pairs: ADA/XRP, USDT/XRP, and XLM/ADA.
Ripple’s XRP Launches on CryptoBridge
The decentralized cryptocurrency exchange, CryptoBridge announced the launch of Ripple’s XRP as a trading pair. The coin’s sojourn to the exchange is quite commendable and this will have positive tidings for the price. The decentralized formation of the exchange cuts off third party interference. CryptoBridge listing of Ripple’s XRP lets the coin trade as a pair to Bitcoin (XRP/BTC) and Ethereum (XRP/ETH).
Binance Triggered Ripple’s XRP Price Rise
The move by the acclaimed cryptocurrency exchange, Binance to add Ripple’s XRP as a base currency and let it trade alongside futuristic coins is a milestone in the coin’s achievements in 2018. It leaves no doubt that Binance triggered other exchanges to do likewise.
As Ripple’s XRP’s price is on the rise and with hopes of a bullish market, the coin’s fans are looking at Coinbase. Coming under heavy criticism, Coinbase is the next-in-line to add the coin as a base currency.
In spite of the bearish market that trailed most months in the year, Ripple’s XRP is sealing it with impressive base currency portfolios on vibrant cryptocurrency exchanges. Thanks to Binance, Ripple’s XRP has gotten the best Christmas gift and is ending the year with style.