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Author Topic: Binance.US is going to suspend XRP trading and deposit  (Read 786 times)
mu_enrico
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December 31, 2020, 04:49:08 AM
 #21

I expecting the price reached 1 cent, and maybe wanna to gamble by buying the fucking dip ~LOL.

DYOR & DWYOR.
But where to buy if all exchanges suspend XRP trading? Let's see if our local exchanges also suspend trading on XRP.

Should I sell now?
Feels bad man. You shouldn't ask the forum for trading advice as nobody can predict the future. It depends on your prediction really about the lawsuit, if they manage to get away with paying fines, the price will return to normal. However, if the US treats it like the liberty reserve, the value will go down to literally zero.

And what is more interesting is it (unregistered security thing) can be applied to ICO/IEOs as well.

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shoreno
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December 31, 2020, 04:58:32 AM
 #22

As expected, US base exchanges will start delisting XRP
it didnt says delist but it was only suspended , for now but we wont know later on if they will decide to delist xrp  . does that mean that xrp still have a chance in binance ? but on other exchange , xrp is finally delisted and it was sad but we cant do anything with that decisions .

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?
so it was only u.s based exchange where xrp is suspended and delisted ? is that means that non exchange still continue the operation on xrp just like the old times ? thats better if they will atleast the price wont totaly collapse into its untimely death but xrp will still experience some declines if delisting and suspensions happen on u.s based exchange
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December 31, 2020, 05:06:45 AM
 #23

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.
Expected that to that's why I sold it already.
I don't intend to keep a coin that will just lose its value in the upcoming events of delisting.
I am sure other exchanges will follow making it priced to dust.

It's a shitty event but there's not much to do if investors are doing the same thing.
Being a martyr just to show support is not going to help either.  Cheesy

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December 31, 2020, 05:16:54 AM
 #24

I think this is the last straw for XRP, if Coinbase and Binance.US started to suspend trading and deposit, two of the biggest exchanges now then it will really spell doom for XRP holders. I do hope that those who are a bagholders have liquidated their assets because you will really lose a lot of money here with all the things going on XRP.

I know that there are still people who thinks they can make money of the downtrend, but it is going to be very difficult unless you time the market when it started to pump again.

R


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December 31, 2020, 05:31:12 AM
 #25

This was meant to happen after Coinbase almost all US exchanges are delisting XRP. Time for XRP holders to get out of this mess before it is too late. Ripple is getting rekt everyday, while the market remains green. After Binance US delisting there will be nothing left of XRP.

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December 31, 2020, 06:03:33 AM
 #26

The situations become worst for XRP, and it could be doom for the project because many people, especially the investors who hold a large amount selling their coin before the price drops more drastically. It is difficult for XRP to lift the price, even for just a small price, because they are losing their support. The teams need to modify their strategy and trying hard to solve the problem.

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December 31, 2020, 06:25:35 AM
 #27

Binance team have every right to delist XRP because the platform is binance US which is mainly for the US investors and traders, I believe that all crypto exchanges that are targeting US citizens will have to delist XRP too, I won't take this as a big problem for XRP because XRP isn't the first that SEC will go after like this

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December 31, 2020, 06:29:05 AM
 #28

This news didn't come as a surprise to me. Bittrex yesterday, Binance today, another exchange tomorrow will make the same decision. Ripple will take a big wound and it will be very difficult to fix it  Undecided

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December 31, 2020, 07:11:26 AM
 #29

This news didn't come as a surprise to me. Bittrex yesterday, Binance today, another exchange tomorrow will make the same decision. Ripple will take a big wound and it will be very difficult to fix it  Undecided
Im getting a bit surprised to see that HUOBI was also announcing the same thing like binance US too. Binance global might do the same as binance US too. If there will be more big exchange site like OKEX will try to suspend its trading service for XRP and it could be the disaster for XRP. 10 cent can be achieved by XRP next month.
it will never be fixed if SEC was winning the case.

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December 31, 2020, 07:29:42 AM
 #30

What can one say, US based exchanges are taking the actions they have to take in order to save their heads and avoid any sort of problems with SEC. XRP is really having a hard time since the end of this year, it keeps dumping and the delisting news of a thing isn't helping matters at all as more exchanges are now on the list of delisting it and this make people wonder what will become of XRP come next year which is just few hours from now. The faster this case is attended to the better for XRP and their team because if care is not taken XRP is going to lose a lot and might be worthless at the end, if there are no exchanges to trade it.

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December 31, 2020, 07:43:15 AM
 #31

Binance US going to suspend XRP trading and deposit from january 13!
https://support.binance.us/hc/en-us/articles/1500000956801
This fight is for the US base cryptocurrency exchanges only, so, Binance among others must comply strictly to avoid the wrought of the SEC in accordance to laws that govern them, though this law suit will have serious impact on ripple existence but doubt if this project will come back strong again. The fact that the law suit doesn't affect other jurisdiction shouldn't give hope to it investors of still holding their scam coin becasue it will do more harm to them than expected.

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December 31, 2020, 09:38:22 AM
 #32

Well, as we all know xrp is not going well as of the moment. And Coinbase, okcoin already announced the suspension so as expected other major exchanges like Binance will also follow. Xrp's trading volume is very low, near to be a no value that's why they are stsrting to announce the suspension maybe followed by delisting.
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December 31, 2020, 10:26:50 AM
 #33

This news didn't come as a surprise to me. Bittrex yesterday, Binance today, another exchange tomorrow will make the same decision. Ripple will take a big wound and it will be very difficult to fix it  Undecided

yes you're right, all exchanges seem to be considering Ripple. so sooner or later they will follow. this will be the end for XRP, no one will buy this coin in the market. next year will be the last year XRP is in the crypto market. slowly the ripple will lose its price.

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December 31, 2020, 10:47:29 AM
 #34

And what's next is those local exchanges that supports XRP, pretty sure that we will heard every one of them suspending XRP completely. Everyone now is turning against XRP, so it's going hard for them to survived and fight SEC as the case could drag them for years resulting into a billion dollar lost for investors.
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December 31, 2020, 11:01:54 AM
 #35

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.
Expected that to that's why I sold it already.
I don't intend to keep a coin that will just lose its value in the upcoming events of delisting.
I am sure other exchanges will follow making it priced to dust.

It's a shitty event but there's not much to do if investors are doing the same thing.
Being a martyr just to show support is not going to help either.  Cheesy
Can't blame those investors that are keep on supporting it because their money is on it. They are putting their hopes on it.
The incident will keep on going and just a few wrong move of other exchanges, they might also be targetted by SEC and could lead them to dig some holes that they have in the past and in the present.

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December 31, 2020, 01:26:13 PM
 #36

Binance.US is going to suspend XRP trading and deposit,
Is this true news?
Because I hold the cryptocurrency all the time.
XRP is still on my investment list.
So for those who know, please let me know.
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December 31, 2020, 01:33:21 PM
 #37

Binance.US is going to suspend XRP trading and deposit,
Is this true news?
Because I hold the cryptocurrency all the time.
XRP is still on my investment list.
So for those who know, please let me know.
Officials Yes, you can check the links on #1 pages.
How possible you holding XRP, meanwhile you didn’t updating about hot news or prices of XRP?
It’s not only Binance but many of marketplaces do delisting for XRP.


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December 31, 2020, 01:50:33 PM
 #38

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

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

It gonna really make a difference now on the XRP market for sure.
Thought it’s earlier know about the situation particularly for the US province .
And the people now who are holding the coin, don’t need to panic as they gonna still give you the option to withdraw your funds according to their article.

Still i am really thinking about the market status for XRP, and really feeling sad for it.

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TastyChillySauce00
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January 01, 2021, 01:52:20 AM
 #39

Binance.US is going to suspend XRP trading and deposit,
Is this true news?
Because I hold the cryptocurrency all the time.
XRP is still on my investment list.
So for those who know, please let me know.
It's easy for you to spend some seconds of your life to click the link that already provided by OP. I can guarantee if that was a safe link that came from the binance US team. That will be more than enough to proves it to you if that's a legit announcement.

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magneto
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January 01, 2021, 02:01:57 AM
 #40

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

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

It's already priced in. XRP has been in essentially free fall in terms of BTC value ever since the SEC stuff came out.

I don't think it is necessarily rational though, at least not to the extent that we're seeing XRP fall and the rest of the market rally. It seems like a definite knee-jerk reaction from the markets. We've seen regulations threaten to kill off even BTC itself (think back to China, 2016) before, but markets and decentralisation are much more resilient that people expect.

I do think that XRP will make a full recovery as a matter of time - the fundamentals, apart from the US market, are still there. And the network infrastructure hasn't changed.
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