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What is XRP Ledger (XRPL)?

The XRP Ledger: A Blockchain Designed for Businesses. The XRP Ledger (XRPL) is a decentralized and publicly accessible blockchain, created through the collaboration of a global network of enterprises and developers focused on solving problems and creating value. Having demonstrated over ten years of uninterrupted functionality, the XRPL offers streamlined development processes, low transaction costs, outstanding performance, and sustainability, enabling you to confidently pursue innovation while advancing your key projects. Furthermore, the XRPL's open peer-to-peer architecture encourages contributions from everyone, fostering a rich community of software developers, server operators, users, and businesses all working together to confront challenges and provide real-world advantages. This collaborative approach not only enhances the integrity of the ledger but also promotes continuous improvement and adaptability in response to the evolving needs of its users.

What is Magnetic?

Magnetic serves as a comprehensive decentralized exchange (DEX) built on the XRP Ledger (XRPL), aimed at delivering a seamless environment for users to engage in various decentralized finance (DeFi) activities. Users can trade tokens, participate in automated market maker (AMM) pools, and earn rewards through farming options. Furthermore, the platform supports the buying and selling of non-fungible tokens (NFTs) and features a "Memepad" for launching and interacting with memecoins. Magnetic enhances user experience by providing traditional trading tools, an easy-to-use swap function, and engaging elements like a dice game and a token bridge. By offering a wide array of services, Magnetic seeks to cater to the varied needs of users within the XRPL ecosystem, thereby fostering increased accessibility and involvement in the DeFi sector. The platform's focus on innovation and user satisfaction establishes it as an invaluable resource for both beginners and seasoned users, ensuring a dynamic and inclusive environment for all participants. With its continuous efforts to evolve and adapt, Magnetic aims to stay at the forefront of the DeFi landscape.

Media

Media

Integrations Supported

Crossmark
GemWallet
MetaMask
Xaman
Bifrost Wallet
Crypto Backoffice
First Ledger
Gaya Wallet
Ledger
Ledger Nano S Plus
Magnetic
NOWNodes
Orchestra Finance
OsmWallet
Ripple
Sologenic DEX
Topper
XPMarket
XRP Ledger (XRPL)
XeggeX

Integrations Supported

Crossmark
GemWallet
MetaMask
Xaman
Bifrost Wallet
Crypto Backoffice
First Ledger
Gaya Wallet
Ledger
Ledger Nano S Plus
Magnetic
NOWNodes
Orchestra Finance
OsmWallet
Ripple
Sologenic DEX
Topper
XPMarket
XRP Ledger (XRPL)
XeggeX

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Free
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

XRP Ledger

Date Founded

2012

Company Website

xrpl.org

Company Facts

Organization Name

Magnetic X

Date Founded

2022

Company Website

xmagnetic.org

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