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Author Topic: Binance.US is going to suspend XRP trading and deposit  (Read 786 times)
Em00n01 (OP)
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December 30, 2020, 08:14:59 PM
 #1

Binance US going to suspend XRP trading and deposit from january 13!

https://support.binance.us/hc/en-us/articles/1500000956801
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December 30, 2020, 08:22:44 PM
 #2

As expected, US base exchanges will start delisting XRP to avoid any conflict with the US SEC.  So it isn't a surprise to see Binance US delisting XRP.  I wonder how will the XRP market react to this.  Will this one drive the price of XRP even lower?

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tyz
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December 30, 2020, 08:27:29 PM
 #3

Binance US going to suspend XRP trading and deposit from january 13!

https://support.binance.us/hc/en-us/articles/1500000956801

Not only Binance. Coinbase has also announced that it will temporarily suspend XRP trading to wait and see how the lawsuit will proceed. This could also be a first indication that sooner or later XRP will also be removed from Coinbase. Other platforms are still sticking to XRP, but the question is how long they can do that without coming into the focus of the SEC and other regulatory authorities.
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December 30, 2020, 08:41:16 PM
 #4

The rate at which exchangea are halting services for Xrp, a point would come when most projects will start ignoring US investors, it's becoming annoying how their SEC pose nose on every crypto activity especially Bitcoin and Xrp.
It is good that binance is keeping their reputation by delisting and following coin base step. Xrp is becoming shit coin without magnitude and direction.
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December 30, 2020, 10:05:44 PM
 #5

Binance US going to suspend XRP trading and deposit from january 13!

https://support.binance.us/hc/en-us/articles/1500000956801
I was expecting this to happen. It all follows the domino with other exchanges to halt all the trading that happens for XRP. That's already the sign that they will have a negative reason to keep XRP this time.
It's no longer that good to keep it although some exchanges would still keep it. The advice of most people that still have it is that sell it while you can.

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magnum cyber
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December 30, 2020, 10:11:53 PM
 #6

Coinbase, Okcoin, Bittrex, and then Binance.US
some platform lists have suspended XRp from their lists, and it looks like this is still going on. and yesterday I read the article but forgot the link about Huobi Exchange. but I remember that Huobi will also suspend Xrp in the near future.
this is very bad for XRP.

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December 30, 2020, 10:48:06 PM
 #7

yesterday I read the article but forgot the link about Huobi Exchange. but I remember that Huobi will also suspend Xrp in the near future.
this is very bad for XRP.
Yes.

Huobi Japan already suspended XRP for Deposit & Trading you can search the news on google pretty easy to find it, more exchange will coming. I expecting the price reached 1 cent, and maybe wanna to gamble by buying the fucking dip ~LOL.

DYOR & DWYOR.
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December 30, 2020, 11:02:27 PM
 #8

Finally, binance US will be banning XRP and we are still having some US exchange sites that didn't yet announce about its legal action for XRP's case. I believe those sites will be announcing it very soon.
poloniex is the only US exchange site that is not yet giving any announcement regarding this. poloniex may release its statement soon.

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Hypnosis00
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December 30, 2020, 11:10:57 PM
 #9

Almost known exchanges are delisting XRP, is it possible that XRP will gone?
I'm not sure if the rest will follow and totally make XRP out in the market coz if that will happen, holders will dump it now and switch to other coin/s.

The effectivity of the said announcement will be next year but for sure it gives worries to its holder. Yeah, I should have to secure my funds than to say sorry.
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December 30, 2020, 11:20:55 PM
 #10

For all of the years I have been connected to the whole crypto space I have always felt a bit weird about Ripple. The team has a huge supply they can freely sell, also XRP itself doesn't have to be used for transfer of wealth on the RippleNet.

About 2 months ago I heard a guy talking how his biggest hold is Ripple and he thinks that its fair price should be 100usd but he would sell some of his holdings when it hits 50usd. I asked him some questions to understand if he understands what marketcap means. He didn't have a clue.

I feel sorry for the people who lost money here, but often times everyday people jump in head first hoping for fast gains with no research and basic understanding.

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December 30, 2020, 11:34:29 PM
 #11

It's a shit sandwich and every Xrp bag holder with deluded dreams are gonna have to take a large bite. The dreams over boys and girls, I myself was huge proponent of Xrp, but man, I jumped ship at support. Its gone now, below support, people get out now

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December 30, 2020, 11:39:52 PM
 #12

Here we go again.
I think that Ripple is facing the worst days ever because of this SEC case. Let's just follow the price movements in CoinMarketCap and let's see what's going to happen. I'm sure that it won't die immediately, some whales will try to pump it. I am sure that XRP is going to do the same movements of Veritaseum, beware guys!
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December 31, 2020, 01:44:00 AM
 #13

Biggest or major of market for XRP, already start to stay away. I dont know there’s could be solved between SEC and Team XRP.
For those holder XRP should considering to sell the coins before something wrong happens.
If there’s no market it’s mean to demand on it.

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December 31, 2020, 01:46:14 AM
 #14

It's sad to think that the 3rd world's known cryptocurrency before had been experienced delistings from known exchanges. These news changes the prospective of its investors and perhaps were liquiditing right now in order to avoid worst losses.

Well, if its not because of the controversies underlying Ripple company, XRP wouldn't even faced this problem. But it is obvious that funds were circulated among the management from sourced product because XRP hasn't moved significant price action not like btc and eth during bull periods of alts.
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December 31, 2020, 02:03:09 AM
 #15

My question today is that even though many major exchanges are delisting XRP coins, why can't the price be worse than 0.2$?
isn't this strange, there should be no more reason for them to continue to believe in this project. and there's no more reason to buy or hold, but since the announcement of coinbase, bittrex, Bitstamp, or okcoin the XRP price has been stuck at 0.2$. and occasionally increases. is there any person or group trying to prevent XRP from collapsing.
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December 31, 2020, 02:13:58 AM
 #16

My question today is that even though many major exchanges are delisting XRP coins, why can't the price be worse than 0.2$?
isn't this strange, there should be no more reason for them to continue to believe in this project. and there's no more reason to buy or hold, but since the announcement of coinbase, bittrex, Bitstamp, or okcoin the XRP price has been stuck at 0.2$. and occasionally increases. is there any person or group trying to prevent XRP from collapsing.

Well, Ripple team still can negotiate with SEC to find some solution. Some ICO teams did so in the past and continued to operate after paying some fines.

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December 31, 2020, 02:56:56 AM
 #17

Binance US going to suspend XRP trading and deposit from january 13!

https://support.binance.us/hc/en-us/articles/1500000956801

This is inevitable. And not just Binance US. I have just read that Bittrex will also be suspending XRP trading. Aside from Bittrex, the names Crypto.com, Coinbase, OKCoin, etc. will also be suspending the XRP market in their platforms.

The list goes on to include Wirex and Ziglu. I am looking forward to a very cheap XRP because of this. I hope XRP will not fully go down the gutter after this problem with the SEC.

Source: https://www.coindesk.com/crypto-com-to-delist-suspend-xrp-in-the-us-after-secs-ripple-suit
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December 31, 2020, 03:51:13 AM
 #18

Binance US going to suspend XRP trading and deposit from january 13!

https://support.binance.us/hc/en-us/articles/1500000956801

with SEC suing XRP it will be a very serious problem for XRP, because there are already many exchange that suspend XRP (Okcoin, Binance, Coinbase, Bittrex, etc.) and of course this will also decrease investor confidence in XRP, unless the problem that happened to XRP will be resolved properly in the future (although it may be difficult or even take a long time), but it can make investors believe again to invest in XRP.
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December 31, 2020, 03:54:54 AM
 #19

Yes, big bad news for xrp. I hold some xrp. Which has increased my current portfolio. In this way, the news of suspension from the exchanges is not likely to increase the xrp price. Should I sell now?
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December 31, 2020, 04:21:16 AM
 #20

Yes this is very bad news for XRP Holder. Now price will dump 0.1 and XRP will die soon.
This was expected because after coinbase delisted it 100% chance that binance will also delist it.
My advise to XRP holder, "" sell your coins as fast as you can"" there no chance that XRP will recover now . price will go down day by day.
Only way yo recover that XRP pay fines.
Lets see whats happen in next.
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