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XRP will disappear from Binance.US listing on January 13

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XRP De-listed by Binance.us on Jan 13th. US On-ramps closing fast

XRP will disappear from Binance.US listing on January 13

XRP will disappear from Binance.US listing on January 13
CONTENT

  • Exchanges began to remove XRP from listing

  • Token price is experiencing high volatility

  • The situation in the cryptocurrency community is expected to worsen

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More than 15 cryptocurrency exchanges have already dropped XRP support due to the SEC lawsuit against Ripple. The latest was Binance

XRP will disappear from Binance.US listing on January 13

Update from December 31st 09:00 UTC.

Binance cryptocurrency exchange announced the end of support for the XRP token. The platform will remove the coin from the Binance.US listing on January 13, 2021.

“Starting January 13, 2021 at 10:00 EST (18:00 GMT), XRP will not be available on the Binance.US platform. Trading and deposits will be suspended, ”the statement said..

The delisting will not prevent users from claiming their Spark (FLR) tokens in 2021. Additional information on the distribution of tokens and how to obtain them will be provided at a later date..

Bittrex cryptocurrency exchange stops supporting XRP trading pairs. The company announced this on its official website. According to the announcement, starting January 15, Bittrex will stop supporting the following trading pairs:

  • BTC-XRP;
  • ETH-XRP;
  • XRP will disappear from Binance.US listing on January 13
  • USDT-XRP;
  • USD-XRP.

Despite the closure of trading pairs, the exchange does not remove XRP from the listing. It is reported that users will continue to have access to XRP exchange-traded wallets. Also, the European crypto startup Wirex refused to support XRP, reports The Block with reference to the company. There is no official announcement about the end of XRP support at Wirex at the time of writing..

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Thus, more than 12 cryptocurrency platforms have already stopped providing XRP services. Earlier, the American crypto exchange Coinbase and the Swiss manager of crypto assets management 21Shares announced their decision to abandon XRP..

Earlier, BeInCrypto reported that a cryptocurrency trading platform owned by Japanese conglomerate SBI Holdings B2C2 also removed XRP from listing for US clients. Crypto exchanges began to systematically remove the token from the listing As the use of cryptocurrencies grows, new types of tokens appear. They can represent value or something intangible like voices. Two … More XRP after the US Securities and Exchange Commission (SEC) accused Ripple of unregistered securities sale under the guise of tokens.

Source: tradingview.com

Against the backdrop of legal proceedings, the XRP / USDT price managed to fall below $ 0.30. At the time of this writing, the XRP rate is $ 0.20.

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XRP will disappear from Binance.US listing on January 13

Thus, the list of companies that stopped supporting XRP includes:

  • Grayscale;
  • Coinbase;
  • Bitstamp;
  • Simplex;
  • Galaxy Digital;
  • Bitcoin Suisse;
  • Binance.US;
  • Blockchain.com;
  • Wirex;
  • Jump Trading;
  • Coinmama;
  • OSL;
  • Beaxy Exchange;
  • CrossTower;
  • Bitwise;
  • B2C2;
  • 21Shares.

Marketplaces claim the decision to remove XRP from listing is directly related to litigation between the SEC and Ripple Inc.

The head of Ripple Brad Garlinghouse has already called the actions of the regulator “an attack on the entire cryptoindustry and American innovations.”.

The article is being updated

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