Weiss Ratings is echoing the sentiments of the XRP community as it says Binance adding XRP as the base currency makes complete sense. The crypto rating agency seems to be taking a liking to XRP as it recently Tweeted XRP being really fast in exchange for the money.
XRP community appealing Binance to add XRP as base currency
Recently, XRP is gaining a lot of traction as a new base currency. San Francisco-based, DCEX exchange added XRP as the base currency on its crypto-to-crypto trading platform. At this time only, an Indian exchange Unocoin has also done the same thing. Before this, Bitrue has added the world-rsquo;s 3rd largest cryptocurrency as its base currency.
-mdash; XRP News (@XRPtheone) July 26, 2018
Now, the XRP community wants the leading digital asset exchange Binance to add XRP as the base currency. Currently, binance is using Binance (BTC), Ethereum (ETH), Binance Coin (BNB) and Tether (USDT) as the base. A few days back, an XRP enthusiast asked Binance, if it is looking into adding XRP as the base currency.
Hello @Binance, we would like you to add $XRP as a base currency/pair to your platform – are you looking into it? #XRPCommunity is a big fan of your #exchange and this could certainly drive tremendous volumes for you.. Don’t be like #Bill (aka @Coinbase). Cheers! #XRPTheBase 🍀
-mdash; XRP.Paris 🇫🇷 (@IntelliCrypto) August 3, 2018
Not long after, the entire community started appealing Binance to just do it!
Please do it @cz_binance !
-mdash; C3|Nik (@C3_Nik) August 9, 2018
So, this is how it went!
One Twitter user wrote,
-ldquo;We’re on @Binance, too. With #XRP as a base we would use this exchange a lot more. XRP is great for shipping your currencies around, cheap -amp; fast. Perfect base. We avoid BTC when we can, the fees are ridiculous. BTC is a collector’s item, XRP is the best bridge. Love that coin.-rdquo;
One Redditor wrote in part, - -ldquo;XRP is a lot faster and cheaper than BTC and ETH which are the most common base pairs. It makes a lot of sense, no matter what you think of XRP.-rdquo;