# Crypto exchange Binance adds XRP as quote asset

By Shampa Mani

Canonical URL: https://www.tokenpost.com/news/business/975
Published: 2018-12-26T10:03:56.000Z
Updated: 2018-12-26T10:03:56.000Z
Section: Business

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

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](<https://support.binance.com/hc/en-us/articles/360021040432>) 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.”

We will be adding a couple trading pairs with XRP as the quote currency shortly.

And rename ETH markets to ALTS market. Running out of space on the UI.

Merry Xmas!

— CZ Binance (@cz_binance) [December 24, 2018](<https://twitter.com/cz_binance/status/1077065340473864192?ref_src=twsrc%5Etfw>)

XRP has surpassed Ethereum (ETH) to become the second most valuable cryptocurrency by [market cap](<https://coinmarketcap.com/>). It is currently trading at $15.25 at the time of writing.

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## Links in this article

- [online post](https://support.binance.com/hc/en-us/articles/360021040432)
- [December 24, 2018](https://twitter.com/cz_binance/status/1077065340473864192?ref_src=twsrc%5Etfw)
- [market cap](https://coinmarketcap.com/)
- [Donate](https://www.paypal.com/cgi-bin/webscr?cmd=_s-xclick&hosted_button_id=GD9D8CPW8HFA2)