Binance Announces New XRP Trading Pairs

Binance has recently added Ripple as a base trading pair, said Binance CEO, Changpeng Zhao. Including TRX/XRP and XZV/XRP.

Binance has recently added Ripple as a base trading pair, said Binance CEO, Changpeng Zhao. Including TRX/XRP and XZV/XRP.

In addition, the ETH Trading Market will be renamed to the ALTS Trading Market, as part of Binance’s expansion to add more trading pairs and coins.

The two new pairs include an XRP and TRON pair, as well as a XRP and Zcoin pair. The move is meaningful because it represents more widespread acceptance of XRP, and provides a potentially more cost effective alternative to using Bitcoin or Ethereum as a base pair. The added XRP pairs should provide additional liquidity to TRON and Zcoin as well.

In a tweet on Dec. 23 from the company’s CEO Changpeng Zhao (CZ), in addition to an official announcement on their website, the company has added two new trading pairs coupled with XRP.

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In addition to the new trading pairs with XRP, the company has expanded its portfolio by adding several stablecoins, pegged to fiat currencies. One example is the TrueUSD or TUSD.

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