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XRP Launches on Decentralized Exchange As Binance CEO Drops Hint on Crypto Expansion

by Daily Hodl Staff
December 22, 2018
in Altcoins

XRP, the second largest cryptocurrency by market cap, just launched on the decentralized crypto exchange CryptoBridge. It’s paired with Bitcoin and Ethereum.

Meanwhile, Changpeng “CZ” Zhao, CEO of Binance, the leading cryptocurrency exchange, just dropped a hint for the Ripple and XRP community. For months, supporters have been pushing CZ to pair XRP with a large number of coins.

In response to a new tweet on the matter, CZ told an avid XRP enthusiast to be “careful what you wish for.”

https://twitter.com/cz_binance/status/1075997345462931462

The cryptic tweet follows a request from CZ last month when he asked the community to convince him why he should launch XRP as a base pair.

The request became one of CZ’s most popular tweets of the year, earning 3,110 retweets and 7,663 likes.

The xrp base shill is strong. Let's get it out of your system, and put all your shills under this one tweet, and let's see how much we get. https://t.co/usiISCtuSj

— CZ ? BNB (@cz_binance) November 18, 2018

You can check out some of the best shills in response to CZ’s tweet here.

Ripple and XRP supporters say adding XRP to Binance as a base pair would further detach altcoins from the price swings of Bitcoin. Currently, in order for traders to swap one cryptocurrency for another, the first crypto is sold for Bitcoin and then Bitcoin is used to purchase the second crypto.

XRP supporters also claim that if multiple exchanges were to add XRP as a base pair, crypto traders for various coins could easily utilize the speed of XRP to make trades and move value quickly between exchanges.

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any assets including cryptocurrencies, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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