OEC XRP

1. Summary

Ranks

Liquidity

-

Developer

-

Social

11

Momentum (beta)

0

Stack Rank™

-

Price

$0.73 0.0%

Market Cap

$0.00 (#10716)

Supply

/

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Price
52W High price	$0.88
52W High date	9th Feb 2022 (3 years ago)
All Time High (ATH) Date	9th Dec 2024 (2 months ago)
All Time Low (ATL) Date	9th Dec 2024 (2 months ago)

Supply & Trading Volume

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Description

OEC XRP

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OEC XRP

OEC XRP is a cryptocurrency and the native token of the open-source XRP Ledger, an authority-free, decentralized public blockchain. It is designed to facilitate fast, efficient, and secure transactions, particularly for cross-border payments and currency exchange. The token is pre-mined with a maximum supply of 100 billion units and is managed by a community-driven development process.

Features

• Decentralized Ledger: The XRP Ledger operates as a decentralized network for creating and settling transactions.

• Native Token: XRP is the core cryptocurrency operating on the XRP Ledger and is used for various blockchain-based transactions and services.

• Streamlined Development: The open-source nature of the XRP Ledger allows for active community engagement and streamlined development processes.

• Cost-Effective: Transactions on the XRP Ledger are typically inexpensive compared to traditional means, making it an attractive option for a variety of use cases.

• Security: XRP transactions are secured using robust cryptography and are tracked via a transparent ledger, ensuring traceable and secure transactions.

• Community Support: The XRP ecosystem relies heavily on contributions from its community, fostering innovation and collaboration towards its growth and development.

XRP Ledger Operating Features

• Error-Free Performance: The XRP Ledger has demonstrated continuous error-free performance over its decade-plus lifespan.

• Multi-Currency Transactions: XRP can facilitate atomic settlement of multi-hop payments with ease, crossing currencies and national boundaries efficiently.

• Unchecked Micropayments: Batching allows for unlimited micropays using the XRP token.

Community Engagement

• Peer-to-Peer Exchange: The ledger includes a high-performance decentralized peer-to-peer multi-currency exchange built directly into the blockchain.

• Hooks and Smart Contracts: Smart contract functionality via Hooks, especially in liquidity provision and passive income.

In summary, OEC XRP is a versatile digital asset platform designed to enhance the efficiency and accessibility of international financial transactions.

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