- #4295
Binance-Peg XRPXRP
XRP Price
Market CapÂ
--Rank #4295FDVÂ
$128.90Â MRank #3228Investors
Twitter Followers
Twitter Performance
1570Rank by Twitter #359- 0
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Detailed Performance
XRP shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
XRPto USD Converter
Price History
- All-Time High
- $1.662.67x to ATH
- All-Time Low
- $0.28912.15x to ATL
- Trade Launch Date
- 13 May, 2021
1050 days ago
Exchanges
Exchanges type
About XRP
Binance-Peg XRP is a form of XRP (the cryptocurrency associated with Ripple) that is issued by Binance, one of the largest cryptocurrency exchanges. It is a token that represents XRP and is pegged to its value. Binance-Peg XRP can be traded and held on the Binance exchange, allowing users to easily buy, sell, and trade XRP without the need for a separate XRP wallet. It provides liquidity and accessibility to the XRP market within the Binance ecosystem.
What makes Binance-Peg XRP unique?
Binance-Peg XRP is unique compared to other cryptocurrencies in several ways. First, it is specifically designed for arbitrage trading, allowing traders to capture time-limited opportunities that may not be available with other digital assets. Its speed, low transaction costs, and reliability make it an ideal currency for market makers and traders to exploit price differences between exchanges.
Additionally, Binance has introduced various trading options and leveraged tokens for XRP, such as put, call, and straddle options, as well as leveraged tokens for both upward and downward movements. These features provide traders with more flexibility and opportunities to profit from XRP's price movements.
Furthermore, XRP stands out in terms of sustainability. Unlike other cryptocurrencies like Bitcoin and Ethereum, which require energy-intensive mining practices to produce new tokens, all XRP tokens already exist. This means that no additional energy is needed to create more XRP tokens. This aspect contributes to XRP's sustainability and reduces its carbon footprint.
Overall, Binance-Peg XRP combines its unique features for arbitrage trading, a range of trading options, and its sustainable nature, making it stand out among other cryptocurrencies.
Live Binance-Peg XRP Price Data
The current price of Binance-Peg XRP (XRP) is approximately $0.6227, reflecting a increase of 0.09% in the last 24 hours. The XRP trading volume in the last 24 hours stands at $99,669.01.Â
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Binance-Peg XRP's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on XRP, check out our crypto insights page.
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Official Links
XRPto USD Converter
Price History
- All-Time High
- $1.662.67x to ATH
- All-Time Low
- $0.28912.15x to ATL
- Trade Launch Date
- 13 May, 2021
1050 days ago