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Binance Did Not Halt XRP Trading on its International Platform

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by Giorgi Kostiuk

7 hours ago

The legal uncertainty surrounding XRP prompted many U.S. exchanges to suspend trading of the token. In contrast, Binance continued to support XRP on its international platform.

Support for XRP on Binance's International Platform

Binance founder Changpeng Zhao confirmed that Binance's international platform never delisted XRP. This statement was made in response to Ripple CEO Brad Garlinghouse's comments about dropping cross appeals.

Differences Between Binance and Binance.US

Zhao emphasized the distinction between Binance.com and Binance.US, where XRP trading was suspended in January 2021 following the SEC lawsuit. Analysts confirmed that only Binance.US suspended XRP trading.

Impact of SEC Decisions on Crypto Exchanges

After the SEC's complaint in December 2020, most U.S. cryptocurrency exchanges delisted XRP. Coinbase, Crypto.com, and others were part of this wave. However, Binance managed to maintain XRP liquidity on its international platform.

Binance's support for XRP highlights the importance of continuing token trading on the international stage despite legal complexities in the U.S. Recent favorable court rulings are helping restore XRP’s status on major U.S. platforms.

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