TOOLS TRADES - HOME Trading signals service - stay up to date with all the latest news and developments from the world of global finance and investments. This platform provides with amazing trading signals for free. Every day amazing trading signals results. Tools trades will provide you with basics. https://www.toolstrades.com/324-english/glossary/x 2024-11-22T12:25:43+00:00 ToolsTrades [email protected] XENOCURRENCY 2018-12-06T07:07:26+00:00 2018-12-06T07:07:26+00:00 https://www.toolstrades.com/324-english/glossary/x/7232-xenocurrency Anna K. [email protected] <p style="text-align: justify;">Xenocurrency is a term that is used to describe a currency that circulates on the markets outside of its domestic zone. But with xeno- having negative connotation in our minds the term foreign currency is used more often.</p> <p style="text-align: justify;">Xenocurrency is a term that is used to describe a currency that circulates on the markets outside of its domestic zone. But with xeno- having negative connotation in our minds the term foreign currency is used more often.</p> XRP 2018-03-26T11:06:10+00:00 2018-03-26T11:06:10+00:00 https://www.toolstrades.com/324-english/glossary/x/6929-xrp Anna K. [email protected] <p>XRP is the native currency of the <a href="https://www.toolstrades.com/ripple" target="_blank">Ripple </a>network. XRP are currently divisible to 6 decimal places, and the smallest unit is called a drop with 1 million drops equaling 1 XRP. There were 100 billion XRP created at Ripple's inception, with no more allowed to be created according to the protocol's rules. As such, the system was designed so XRP is an asset with decreasing available supply. Not dependent on any third party for redemption, XRP is the only currency in the Ripple network that does not entail counterparty risk, and it is the only native digital asset.</p> <p>XRP is the native currency of the <a href="https://www.toolstrades.com/ripple" target="_blank">Ripple </a>network. XRP are currently divisible to 6 decimal places, and the smallest unit is called a drop with 1 million drops equaling 1 XRP. There were 100 billion XRP created at Ripple's inception, with no more allowed to be created according to the protocol's rules. As such, the system was designed so XRP is an asset with decreasing available supply. Not dependent on any third party for redemption, XRP is the only currency in the Ripple network that does not entail counterparty risk, and it is the only native digital asset.</p>