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.

Pricing

Price Starts At:
Free
Free Version:
Free Version available.

Screenshots and Video

Magnetic Screenshot 1

Company Facts

Company Name:
Magnetic X
Date Founded:
2022
Company Website:
xmagnetic.org

Product Details

Deployment
SaaS
Training Options
Documentation Hub

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Magnetic Categories and Features

Magnetic Customer Reviews

Write a Review
  • Reviewer Name: A Verified Reviewer
    Position: User
    Has used product for: 6-12 Months
    Uses the product: Daily
    Org Size (# of Employees): 1 - 25
    Feature Set
    Layout
    Ease Of Use
    Cost
    Customer Service
    Would you Recommend to Others?
    1 2 3 4 5 6 7 8 9 10

    Scam

    Date: Mar 10 2025
    Summary

    Do not play the scam factor game, from the Magnetic exchange, CEO of Magnetic deceived people into losing more than 10 times more funds than they distributed on all airdrops, most of the airdrop is taken by fake people from the Magnetic exchange.

    Positive

    No advantages or positive aspects were noticed.

    Negative

    There are no advantages to this scam, scammers are trying in every way to deprive you of money.

    Read More...
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