Radix (XRD) is a cryptocurrency that operates on a layer-1 platform designed for decentralized applications (dApps).

What are the risks associated with transferring Radix (XRD)?

Digital asset prices can be volatile, and users should ensure secure handling of private keys. Additionally, centralized platforms may involve custody risks.

How can I verify the acquisition of Radix (XRD)?

Verify the asset name and network before transferring, and ensure that you are using the correct destination details.

Where can I find official resources for Radix (XRD)?

Official resources for Radix can be found on their website at https://www.radixdlt.com/ and their technical documentation at https://docs.radixdlt.com/.

Radix (XRD)

Rank #815

Market snapshot

Price: $0.00094501
Market cap: $12.8M
24h volume: $216,455.38
Circulating supply: 13,518,170,115.3414
Total supply: 13,518,170,128.8816
Max supply: 24,000,000,000

What is Radix?

Radix is a layer-1 platform that focuses on enabling the creation and management of decentralized applications (dApps). The network is designed to support a wide range of applications, providing developers with the necessary tools and infrastructure to build on the platform. Radix aims to enhance the dApp ecosystem by simplifying the development process and improving scalability.

Key information

Symbol: XRD
CMC rank: #815
Network / platforms: N/A
Categories: N/A
Date added: Sep 17, 2021

Official resources

Risks

Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.

Transfer and custody notes

Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.

FAQ

What is Radix (XRD)?: Radix (XRD) is a cryptocurrency that operates on a layer-1 platform designed for decentralized applications (dApps).
What are the risks associated with transferring Radix (XRD)?: Digital asset prices can be volatile, and users should ensure secure handling of private keys. Additionally, centralized platforms may involve custody risks.
How can I verify the acquisition of Radix (XRD)?: Verify the asset name and network before transferring, and ensure that you are using the correct destination details.
Where can I find official resources for Radix (XRD)?: Official resources for Radix can be found on their website at https://www.radixdlt.com/ and their technical documentation at https://docs.radixdlt.com/.

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