Cryptocurrency exchange company Binance, today notified users that Ripple’s XRP asset has been listed. XRP is available for trading with Bitcoin and also Ether. Not active yet but on the way is API support for XRP deposits and withdrawals.
Ripple became the 49th crypto-asset listed on Binance since the company started operating in July. Binance, not even in business for half a year yet, completed an ICO on July 2nd with a successful token sale of 100 million ERC20 Binance tokens (BNB). The token supply has a strict limit of 200 million to ever be created, last month Binance completed their first token burn.
In September, the Chinese founded exchange announced the completion of the first round of venture capital financing with millions of USD in investment from China’s Blackhole Capital and Funcity Capital.
Ripple’s native asset XRP offers banks and payment providers a reliable, on-demand option to source liquidity for cross-border payments. Ripple aims to provide one frictionless experience to send money globally using the power of blockchain.