Cryptocurrency Q&A
Is Radix on Ethereum?
Is Radix on Ethereum?
EthereumEagle
Wed Aug 21 2024
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5 answers
982
Could you please clarify whether Radix is built on the Ethereum blockchain or is it an independent blockchain project? I'm interested in understanding the underlying technology and infrastructure that Radix utilizes, as it's crucial in assessing its potential and scalability. Additionally, I'd like to know if there are any advantages or disadvantages to being on the Ethereum network, compared to other blockchain platforms.
5 answers
Alessandra
Fri Aug 23 2024
The exchange rate between eXRD and XRD is 1:1, ensuring that the value of the tokens remains consistent across both networks. This makes it easy for users to convert between the two tokens as needed.
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KatanaSharpened
Fri Aug 23 2024
The E-RADIX token, or eXRD, is a wrapped representation of the XRD token on the Ethereum network. This allows for seamless integration and interoperability between the Radix and Ethereum ecosystems.
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KatieAnderson
Fri Aug 23 2024
eXRD serves as a bridge between the two networks, enabling users to access the benefits of both platforms. With eXRD, users can enjoy the security and decentralization of Radix while also leveraging the liquidity and smart contract capabilities of Ethereum.
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SejongWisdomKeeperEliteMind
Thu Aug 22 2024
To facilitate the exchange between eXRD and XRD, users can utilize Instabridge, a cross-chain bridge that enables seamless transfers between different blockchain networks. Additionally, users can also exchange eXRD for XRD on exchanges like Bitfinex.
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CrystalPulse
Thu Aug 22 2024
BTCC, a top cryptocurrency exchange, offers a wide range of services including spot trading, futures trading, and wallet services. With BTCC, users can easily buy, sell, and store eXRD, as well as other digital assets.
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