A new wave of activism is sweeping through the XRP community as members rally behind a growing call to boycott Binance, the world’s largest cryptocurrency exchange by trading volume. The movement, gaining traction across X, is driven by frustration over perceived misconduct and market manipulation.
What began as murmurs of dissent among XRP holders has now evolved into an organized push to withdraw funds from Binance—both as a protest and a protective measure.
Levi Rietveld Sparks the Movement
Leading the charge is Levi Rietveld, founder of the Crypto Crusaders channel and a well-known voice in the XRP community. In a recent video posted on X, Rietveld made a passionate appeal for action, declaring:
“The only way for us really to get Binance and the other major exchanges to do the right thing is to put our money where our mouth is. If you have any money still on Binance, if you’re holding any amount of BNB, you need to withdraw from that exchange, get it somewhere else on another exchange that’s actually doing the right things.”
Boycott Binance!! #XRPpic.twitter.com/jI9XBLlPrr
— Levi | Crypto Crusaders (@LeviRietveld) October 13, 2025
Rietveld’s statement quickly went viral among XRP enthusiasts, many of whom echoed his sentiments. His direct and uncompromising tone has galvanized a segment of the XRP Army who believe that moral and financial accountability should go hand-in-hand in the crypto industry.
Lingering Distrust Over Binance’s Regulatory Record
The boycott movement draws much of its momentum from Binance’s turbulent regulatory history. In November 2023, the exchange and its founder, Changpeng “CZ” Zhao, reached a landmark plea deal with U.S. authorities, admitting to violations of anti-money-laundering and sanctions laws.
Binance agreed to pay over $4.3 billion in penalties, and Zhao himself stepped down as CEO after pleading guilty to criminal charges.
To many XRP supporters, those events confirmed long-standing suspicions that centralized exchanges wield too much unchecked power. Rietveld and others have cited this as a warning that crypto’s foundational principle—self-custody—has been undermined by the dominance of exchanges that operate above regulatory scrutiny.
Market Manipulation and Transparency Concerns
Beyond regulatory issues, Binance has faced renewed criticism over alleged market manipulation and opaque trading practices. On-chain analysts and independent investigators have highlighted irregular transfer patterns between Binance wallets and certain market-maker addresses, particularly during volatile XRP price movements.
While Binance has repeatedly denied engaging in manipulative trading, the allegations have intensified community distrust. For Rietveld, the takeaway is clear: “You can’t demand transparency from governments and regulators while turning a blind eye to the platforms that control most of your liquidity.”
The Broader Implications for XRP Holders
Should this boycott gain traction, the impact could be twofold. In the short term, large-scale withdrawals could tighten exchange liquidity for XRP and BNB, potentially affecting short-term price dynamics. In the long run, however, it could encourage a shift toward decentralized exchanges (DEXs) and self-custody wallets, reinforcing crypto’s original ethos of financial sovereignty.
Rietveld’s rallying cry is ultimately about reclaiming control. “It’s time we stop complaining and start acting,” he said. “Every token you move is a message that can’t be ignored.”
From Protest to Principle
The XRP Army’s call to boycott Binance is more than just another online campaign—it’s a reflection of a growing philosophical divide in crypto. On one side are users demanding accountability and transparency; on the other, massive centralized platforms that remain gatekeepers of liquidity.
Whether this movement endures or fades, Levi Rietveld’s message has struck a nerve: crypto users have power, but only if they choose to exercise it. By moving their assets and speaking out, XRP holders are testing just how far that power can go in shaping the future of global digital finance.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent the opinion of the publication. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk.