The community of XRP (XRP) on Twitter has started a joint effort to rally for the adoption of XRP on digital currency trading platforms, and their focus is targeted on Binance. While XRP – the third largest digital currency in the world by market cap – has been listed on a lot of trading platforms, there are just a few that use its specific use-cases for trading and handle it like another cryptocurrency.
Nevertheless, the landscape for XRP use-cases is evolving, as seen by the modicum of listing the digital currency has seen as a base pair over the month. XRP was determined to be the base pair on DCEX – an institutional grade exchange – where users can trade XRP for other digital currencies such as Ethereum (ETH), Bitcoin (BTC), and Litecoin (LTC).
The Recent Listings of XRP
Recently, XRP was added to Bitrue as a base pair. Unodax – and India-based digital currency trading platform – also added XRP to its platform as a base pair, among Ethereum (ETH) and Bitcoin (BTC). Also, in a recent survey carried out by Weiss Ratings, XRP was ranked the most likely digital currency to be used for moving funds between trading platforms. During the poll, 78 percent of the participants voted for XRP, while 8 percent voted for Ethereum (ETH), and only 6 percent voted for Bitcoin (BTC).
The fundamental reason behind these changes and developments is the ability of XRP to transfer funds easily. This is as a result of its fast payment speed: it takes only about four seconds to complete a transaction and the transaction fee is almost zero.
XRP (XRP) Price Today – XRP / USD
At press time, XRP (XRP) is changing hands in the market at $0.3 after a decrease of 11 percent over the past twenty-four hours. The current market cap of the digital currency is $11.60 billion and its trading volume over the past twenty-four hours is $269.26 million.