XRPUSD
Market is open. Closes in 19h 17m
Ripple vs US Dollar
Chart
Specification
| Details | |
|---|---|
|
Contract size
|
1000 |
|
Min volume, lot
|
0.01 |
|
Max volume, lot
|
100 |
|
Step volume, lot
|
0.01 |
|
Stops level
|
0 |
|
Avg spread, pips
|
4 |
|
Commission, per lot/side USD
|
0 |
|
Margin
|
0.5% |
|
Long swap, points
|
-27.828 |
|
Short swap, points
|
-18.252 |
|
3 days swap
|
Friday |
|
Profit currency
|
USD |
| Trading time (MT server time) | |
|---|---|
| Market is open. Closes in 19h 17m | |
| Sunday | 00:05 - 00:09 00:19 - 24:00 |
| Monday | 00:05 - 24:00 |
| Tuesday | 00:05 - 24:00 |
| Wednesday | 00:05 - 24:00 |
| Thursday | 00:05 - 24:00 |
| Friday | 00:05 - 24:00 |
| Saturday | 00:05 - 24:00 |
Description
The XRPUSD pair represents the exchange rate between Ripple (XRP), a cryptocurrency used for digital payments, and the US dollar (USD). Ripple is known for its use in cross-border payments and its connection to the RippleNet payment platform.
Factors influencing XRPUSD:
- Regulatory developments: Legal decisions, particularly in the US, significantly impact XRP’s price.
- Adoption rate: Increased use of Ripple technology by financial institutions.
- Market sentiment: Speculation and investor confidence in the broader cryptocurrency market.
- Macroeconomic trends: Changes in US monetary policy can affect demand for USD and cryptocurrencies.
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