e-Radix (EXRD) is a wrapped token on the Ethereum network that represents Radix's native token, XRD. It enables a 1:1 exchangeable link between the Radix and Ethereum ecosystems. This wrapping allows Radix’s XRD tokens to participate in Ethereum’s DeFi applications and maintains liquidity across ecosystems.
e-Radix operates by allowing Radix's native token, XRD, to be converted into an ERC20 token (EXRD) on the Ethereum blockchain. This conversion offers compatibility with Ethereum-based applications. e-Radix uses smart contracts and a secure third-party custodian to facilitate seamless swaps back and forth between EXRD on the Ethereum blockchain and XRD on Radix's native network at a ratio of 1:1.
Potential uses for e-Radix include:
Radix's journey began in 2013 under Dan Hughes, initially known as eMunie, with a vision to address scalability in blockchain technology. Over time, it evolved into Radix, introducing the Cerberus consensus algorithm in 2020, which provides atomic composability and linear scalability. The EXRD token was launched in 2020 as a means to interface with the Ethereum network, following key network developments and securing partnerships. Radix continued its technological evolution with developments such as Radix Engine and their programming language, Scrypto, expanding their DeFi and smart contract capabilities.
The e-Radix price is $0.01902803 AUD, representing a -9.27% from the day prior.
The best place to buy e-Radix (EXRD) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell e-Radix (EXRD) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
The trading volume of e-Radix (EXRD) is $210.3K AUD in the last 24hrs, representing a -9.27% from the day prior.
e-Radix (EXRD) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of e-Radix (EXRD) is $15.3M AUD.
Yes - With Coinstash you can convert your e-Radix (EXRD) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of e-Radix (EXRD) is 831.5M.
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling e-Radix (EXRD) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.