Post
Topic
Board Altcoin Discussion
Re: Will Tether go into crisis like XRP?
by
Beparanf
on 25/01/2021, 15:50:01 UTC
This SEC issue I think did not affect XRP much, the coin still got a decent volume on KuCoin right now if you see here: https://trade.kucoin.com/XRP-BTC and I doubt its value will go down in a landslide either, maybe as long as Ripple is fighting with SEC XRP's future won't be decided yet with this current issue.

I kinda like how exchanges like KuCoin and binance are still supporting XRP despite all these stumps, I think they know better than us who are only trading the coin. They put trust on the coin as if they don't know what will happen if things go down with SEC yknow, as long as these exchanges are still with XRP, I won't be selling my bags yet.

Because both Kucoin and Binance are outside the jurisdiction of US SEC that’s why they are not accepting US citizens to use and trade the exchange. Once SEC win against Ripple, Ripple itself will be the one to delist there token on all exchange since it will be illegal to trade Security token on exchange that is not compliant to SEC guidelines. I doubt that ripple will win against without paying the fines.