What is the price of claimswap (CLA)?

The live ClaimSwap price today is $0.072952 USD with a 24-hour trading volume of $257.47 USD. We update our CLA to USD price in real-time. ClaimSwap is down 9.92% in the last 24 hours. The current CoinMarketCap ranking is #6646, with a live market cap of not available.

What is a swap rate?

It is the interest rate at which one party will make fixed payments to the other party over the life of a swap. The swap rate remains constant throughout the duration of the swap agreement. Generally, swap rates are determined by market forces such as supply and demand, as well as expectations of future interest rate movements.

What is a foreign exchange swap?

A foreign exchange swap (also known as an FX swap) is an agreement to simultaneously borrow one currency and lend another at an initial date, then exchanging the amounts at maturity. It is useful for risk-free lending, as the swapped amounts are used as collateral for repayment.

How do currency swaps work?

Swaps can be used to hedge against exchange rate risk, speculate on currency moves, and borrow foreign exchange at lower interest rates. In a currency swap, or FX swap, the counterparties exchange given amounts in the two currencies. For example, one party might receive 100 million British pounds (GBP), while the other receives $125 million.