Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: DreamStage on January 06, 2020, 01:00:48 PM



Title: Higher XRP trading activity after Binance adding Futures
Post by: DreamStage on January 06, 2020, 01:00:48 PM
Malta-based cryptocurrency exchange Binance has just added Ripple’s XRP cryptocurrency to its futures trading platform.

According to an announcement made by Binance earlier today, XRP is now available to trade as a perpetual futures contract on the Binance Futures exchange. The digital asset is paired against Tether (USDT) and users will be able to trade with up to 75x leverage.

Full Source News (https://beincrypto.com/binance-xrp-futures-exchange-market-early/)
(Not click campaign, just sharing information)

Following Binance's Official tweet:
https://twitter.com/binance/status/1214151015584239616

https://i.imgur.com/BSSmdMb.png


We can already see a higher trading volume within small time window shortly after such news.


Do you think this will be something good for Ripple community and Investors? Or is it another small flucke and things will go back to normal in few hours / days?


Title: Re: Higher XRP trading activity after Binance adding Futures
Post by: iotarocket on January 06, 2020, 01:35:02 PM
Yes, I noticed XRP has spiked since the start of the New Year, but so have most coins. This is good news for XRP. I am not the biggest fan of XRP, though I have started accumulating it just in case we experience another bull market. XRP will likely remain among the top coins for the next few years at least, given that it is amply funded and has many partnerships.