{"id":7946,"date":"2018-08-11T14:56:03","date_gmt":"2018-08-11T14:56:03","guid":{"rendered":"https:\/\/www.legitgambling.com\/news\/?p=7946"},"modified":"2018-08-11T14:56:03","modified_gmt":"2018-08-11T14:56:03","slug":"weiss-ratings-announces-ripple-as-the-fastest-crypto-for-payment-transfers","status":"publish","type":"post","link":"https:\/\/www.legitgambling.com\/news\/weiss-ratings-announces-ripple-as-the-fastest-crypto-for-payment-transfers\/","title":{"rendered":"Weiss Ratings Announces Ripple As The Fastest Crypto For Payment Transfers"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-2151 alignleft\" src=\"https:\/\/www.legitgambling.com\/news\/wp-content\/uploads\/2017\/12\/ripple.jpg\" alt=\"\" width=\"380\" height=\"250\" \/>On Friday (10 August 2018), rating agency Weiss Ratings announced XRP to be &#8220;the quickest digital asset to move funds between exchanges&#8221;. <\/p>\n<p>It all began on 9 August 2018 with an appeal from an XRP supporter (Twitter handle &#8220;@C3_Nik&#8221;) to Binance CEO, Changpeng Zhao (CZ), to make XRP a base currency on Binance.<\/p>\n<p>As anticipated, this tweet got a huge amount of backing from other XRP fans. At the time of writing this article, the message received 1241 retweets and 1,495 likes.<\/p>\n<p>Let us now have a look at what made Weiss Ratings declare XRP as the fastest vehicle to move funds between exchanges. A survey was conducted on Twitter, asking the crypto community which crypto token (Bitcoin, XRP, Ethereum or others) they consider to be the best for transferring funds between cryptocurrency exchanges.<\/p>\n<p><center><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">We would like to see <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\">#XRP<\/a> as one of the base assets on <a href=\"https:\/\/twitter.com\/binance?ref_src=twsrc%5Etfw\">@Binance<\/a> in order to move value much more quickly!<\/p>\n<p>Please do it <a href=\"https:\/\/twitter.com\/cz_binance?ref_src=twsrc%5Etfw\">@cz_binance<\/a> !<\/p>\n<p>Let&#8217;s get some retweets to let them know. \ud83d\ude42<a href=\"https:\/\/twitter.com\/hashtag\/xrpcommunity?src=hash&amp;ref_src=twsrc%5Etfw\">#xrpcommunity<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/xrpthebase?src=hash&amp;ref_src=twsrc%5Etfw\">#xrpthebase<\/a><br \/>\n<a href=\"https:\/\/twitter.com\/BankXRP?ref_src=twsrc%5Etfw\">@BankXRP<\/a> <a href=\"https:\/\/twitter.com\/AlexCobb_?ref_src=twsrc%5Etfw\">@AlexCobb_<\/a> <a href=\"https:\/\/twitter.com\/haydentiff?ref_src=twsrc%5Etfw\">@haydentiff<\/a> <a href=\"https:\/\/twitter.com\/XRPTrump?ref_src=twsrc%5Etfw\">@XRPTrump<\/a> <a href=\"https:\/\/twitter.com\/Hodor7777?ref_src=twsrc%5Etfw\">@Hodor7777<\/a> <a href=\"https:\/\/twitter.com\/digitalassetbuy?ref_src=twsrc%5Etfw\">@digitalassetbuy<\/a><\/p>\n<p>\u2014 C3|Nik (@C3_Nik) <a href=\"https:\/\/twitter.com\/C3_Nik\/status\/1027600251157442561?ref_src=twsrc%5Etfw\">August 9, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<\/center><\/p>\n<p><center><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Which is best for moving funds between exchanges?<\/p>\n<p>\u2014 Weiss Ratings (@WeissRatings) <a href=\"https:\/\/twitter.com\/WeissRatings\/status\/1020314844946485248?ref_src=twsrc%5Etfw\">July 20, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<\/center><\/p>\n<p>With 78% vote in favor, <a href=\"https:\/\/www.legitgambling.com\/news\/sbi-holdings-ceo-forecasts-10-for-ripple-in-2018\/\">Ripple stood apart<\/a> from other crypto.<\/p>\n<p>This outcome persuaded Juan Villaverde, who is the head economist\/mathematician in Weiss&#8217;s cryptocurrency group, to attempt using XRP for transferring funds. On 9 August 2018, Villaverde issued the following tweet to articulate how amazed he was with XRP.<\/p>\n<p><center><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">Juan Villaverde to XRP community: \u201cThanks, guys! You\u2019ve convinced me. I now use XRP myself to move money between exchanges. No wait for confirmations. Really fast.\u201d <a href=\"https:\/\/twitter.com\/hashtag\/XRParmy?src=hash&amp;ref_src=twsrc%5Etfw\">#XRParmy<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/XRPthestandard?src=hash&amp;ref_src=twsrc%5Etfw\">#XRPthestandard<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\">#XRP<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw\">#cryptocurrency<\/a><\/p>\n<p>\u2014 Weiss Ratings (@WeissRatings) <a href=\"https:\/\/twitter.com\/WeissRatings\/status\/1027589132476923904?ref_src=twsrc%5Etfw\">August 9, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<\/center><\/p>\n<p>Again, yesterday, Weiss Ratings issued the following tweet to defend why cryptocurrency exchanges such as Binance should offer XRP token as a base currency.<\/p>\n<p><center><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">We think that the <a href=\"https:\/\/twitter.com\/hashtag\/XRP?src=hash&amp;ref_src=twsrc%5Etfw\">#XRP<\/a> is the fastest digital asset to transfer funds between exchanges. It only makes sense for <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> to use it as the base <a href=\"https:\/\/twitter.com\/hashtag\/currency?src=hash&amp;ref_src=twsrc%5Etfw\">#currency<\/a> \u2013 why should one have to go through an intermediary currency to trade? <a href=\"https:\/\/twitter.com\/hashtag\/crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#crypto<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/btc?src=hash&amp;ref_src=twsrc%5Etfw\">#btc<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/altcoins?src=hash&amp;ref_src=twsrc%5Etfw\">#altcoins<\/a><\/p>\n<p>\u2014 Weiss Ratings (@WeissRatings) <a href=\"https:\/\/twitter.com\/WeissRatings\/status\/1028023240017502213?ref_src=twsrc%5Etfw\">August 10, 2018<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<\/center><\/p>\n<p>Notably, last month, Bitrue became the first cryptocurrency exchange which started offering XRP as the base currency. Additionally, on July 30, DCEX, a California based startup has revealed that its soon-to-be-opened cryptocurrency exchange would exclusively use XRP as the base currency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On Friday (10 August 2018), rating agency Weiss Ratings announced XRP to be &#8220;the quickest digital asset to move funds between exchanges&#8221;. It all began on 9 August 2018 with an appeal from an XRP supporter (Twitter handle &#8220;@C3_Nik&#8221;) to Binance CEO, Changpeng Zhao (CZ), to make XRP a base currency on Binance. As anticipated, [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68,1],"tags":[],"class_list":["post-7946","post","type-post","status-publish","format-standard","hentry","category-cryptocurrency","category-usa"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.0 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Weiss Ratings Announces Ripple As The Fastest Crypto For Payment Transfers<\/title>\n<meta name=\"description\" content=\"Weiss Ratings has announced Ripple as the best crypto for quick payment transfers and has recommended Binance to use it as base currency.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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