Cryptocurrency Q&A What's Binance peg XRP?

What's Binance peg XRP?

KpopStarletShineBrightness KpopStarletShineBrightness Mon Apr 28 2025 | 7 answers 1013
Binance Peg XRP is a token issued by Binance, which is pegged to the value of XRP, Ripple's native cryptocurrency. It allows users to trade and transfer value on the Binance platform, while maintaining the same value as XRP on other exchanges or platforms. What's Binance peg XRP?

7 answers

KDramaCharm KDramaCharm Wed Apr 30 2025
To engage in trading activities involving Binance-Peg XRP, individuals must possess a web3 wallet.

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Martino Martino Wed Apr 30 2025
A web3 wallet is a digital wallet that allows users to store, send, and receive cryptocurrencies and other digital assets in a secure and decentralized manner.

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Martina Martina Wed Apr 30 2025
Binance-Peg XRP is a digital asset that is deeply rooted in the web3 ecosystem.

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KimchiChic KimchiChic Wed Apr 30 2025
By utilizing a web3 wallet, individuals can interact with the smart contracts that underpin decentralized exchanges, enabling them to buy and sell Binance-Peg XRP and other digital assets.

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SumoHonorable SumoHonorable Wed Apr 30 2025
This token is primarily traded on decentralized exchanges, which utilize smart contracts to facilitate transactions on an undefined blockchain.

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