Cryptocurrency

Binance Relists XRP in the United States Following Favorable Court’s Decision

Binance.US, the United States version of the Binance exchange, has recently announced the relisting of XRP on its trading platform.

This new development comes after the court’s decision over the security status of XRP, which went in favor of the embattled digital token.

Read Also: Ex-SEC Director: It’s Reasonable for Judge Torres to Lock Ripple’s XRP Escrow Permanently

The leading exchange made this announcement via its official Twitter handle moments ago. According to the report, trading on the XRP/USDT Advanced Trading pair is slated to commence on the 14th of July at 9 a.m. ET.

Binance.US tweeted, “Deposits are open for XRP on #BinanceUS! Trading on the XRP/USDT pair begins on 7/14 at 9 a.m. ET. Ripple. XRP aims to facilitate fast and low-friction value transfers, providing institutions with a solution for cross-border transactions.”

Read Also: XRP Price Explodes As Judge Rules In Favor of Ripple, Declares XRP Not a Security

It can be recalled that several exchanges, including Coinbase, have also announced the relisting of XRP on their trading platforms.

As expected, the digital token has been showcasing bullishness since the court declared the digital token not a security. At the time of press, XRP is trading at $0.7878, with a 67% price upsurge in the last 24 hours, according to CoinMarketCap.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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