XRP and SHIB Get the Binance Treatment on Its Auto Invest Platform
- Binance recently tweeted that it has added more than 200 new assets and portfolio plans to its Binance Auto Invest platform.
- Notably, XRP and Shiba Inu rank among the top traded assets on Binance.
Sure, here is the rewritten article:
Binance Expands Crypto Support with XRP, SHIB, and More
Binance, the world’s largest cryptocurrency exchange, has added new support for XRP, Bitcoin (BTC), Cardano (ADA), Shiba Inu (SHIB), and 200 other new assets and portfolio plans to its Binance Auto Invest Platform. This move is a major boost for the cryptocurrency community, as Binance has established itself as a reliable and trustworthy platform for trading and investing in digital assets.
XRP and SHIB
The addition of XRP and SHIB is particularly significant, as these are two of the most popular cryptocurrencies in the world. XRP is the native token of the Ripple network, which is a payment protocol that aims to provide a faster and cheaper alternative to traditional cross-border payments. SHIB is a meme coin, which means that it was created as a joke. However, SHIB has attracted a large following of investors, and its value has increased by over 100,000% in the past year.
The Binance Auto Invest Platform
The Binance Auto Invest Platform allows users to automate their cryptocurrency purchases. This is a great way for investors to dollar-cost average into a cryptocurrency or to simply buy more of a token that they believe in. The platform supports over 10 stablecoins and fiat currencies, so it is easy for users to purchase cryptocurrencies with their local currency.
The Growing Mainstream Acceptance of Cryptocurrency
The expansion of cryptocurrency support by Binance is a sign of the growing mainstream acceptance of cryptocurrency. As the cryptocurrency market continues to grow, it is likely that we will see more exchanges add support for new cryptocurrencies.
Conclusion
Binance’s decision to add support for XRP and SHIB is a major boost for the cryptocurrency community. The addition of these two popular cryptocurrencies makes it easier for investors to buy, sell, and trade them, and it helps to legitimize the cryptocurrency market. The Binance Auto Invest Platform is also a great way for investors to automate their cryptocurrency purchases. As the cryptocurrency market continues to grow, it is likely that we will see more exchanges add support for new cryptocurrencies and offer similar automated investment platforms.
#Binance Auto-Invest adds over 200 new assets and portfolio plans, available for purchase with more than 10 stablecoins & fiat currencies!
Start here ⬇️
— Binance (@binance) May 4, 2023
With Binance’s new support for XRP, and SHIB, investors now have even more opportunities to buy, sell, and trade these popular tokens. Binance’s reputation for security, liquidity, and user-friendliness makes it an ideal platform for anyone looking to get involved in the exciting and rapidly-evolving world of cryptocurrency.
Importantly, more than 10 stablecoins and fiat currencies can be used to buy the supported cryptocurrencies. Users of supported crypto assets can increase their holdings automatically thanks to the Binance auto-invest platform, which enables them to automate crypto purchases.
Overall, Binance’s decision to add support for XRP and SHIB is a testament to the growing popularity and mainstream acceptance of cryptocurrency. As the industry continues to mature it’s clear that major players like Binance will play a crucial role in shaping the future of finance and investing.
