binance us xrp delisting | BTCC Knowledge

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XRP -1.82% 0.001930

Is XRP being delisted from Binance?

Binance.US has become the latest exchange to suspend trading of the XRP cryptocurrency, in the wake of the SEC's lawsuit against Ripple Labs. The exchange announced that from 10am EST on Wednesday, January 13, 2021, XRP will be delisted from Binance.US, with trading and deposits suspended.

Which exchanges are clamping down on XRP?

Binance's US-based exchange is the latest to clamp down on XRP, following the SEC's suit against Ripple. Create an account to save your articles. XRP's price has plummeted following the SEC's lawsuit against Ripple. Image: Shutterstock Binance.US has announced that it will suspend trading of XRP from January 13.

Why is XRP price plummeting?

XRP's price has plummeted since the lawsuit, as exchanges including Coinbase and Bitstamp have suspended trading of the cryptocurrency. Binance.US has become the latest exchange to suspend trading of the XRP cryptocurrency, in the wake of the SEC's lawsuit against Ripple Labs.

What happened to Ripple XRP?

The U.S. affiliate of the world’s top crypto exchange by volume announced the delisting of XRP from the platform on the 13th of January. Previously, Ripple CEO, Brad Garlinghouse had blasted the lawsuit, claiming that it affected “countless innocent XRP retail holders with no connection to the blockchain company.