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Crypto exchange Binance adds XRP as quote asset

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Shampa Mani reporter

Wed, 26 Dec 2018, 10:03 am UTC

Leading cryptocurrency exchange Binance has announced that it has added support for XRP as quote asset.

In addition, the exchange has renamed the original ETH Trading Market (ETH) as ALTS Trading Market to support more trading pairs with different quote currencies.

In an online post dated December 24, Binance announced:

“Binance will add TRX/XRP and XZC/XRP trading pairs with XRP as the quote asset into the new Combined ALTS Trading Market (ALTS) at 2018/12/24 11:00 AM (UTC).

Please note that ALTS does not represent a new coin or token. It is the symbol for Binance's new Combined ALTS Trading Market.”


XRP has surpassed Ethereum (ETH) to become the second most valuable cryptocurrency by market cap. It is currently trading at $15.25 at the time of writing.

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