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What is the price unit of Ripple in US dollars?

avatarCarlos GarciaDec 16, 2021 · 3 years ago3 answers

Can you tell me what is the unit used to measure the price of Ripple in US dollars? I'm new to cryptocurrency and trying to understand the basics.

What is the price unit of Ripple in US dollars?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    The price unit of Ripple in US dollars is commonly referred to as XRP/USD. This represents the exchange rate between Ripple and the US dollar. It is used to determine the value of Ripple in terms of US dollars on cryptocurrency exchanges.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to Ripple's price in US dollars, the unit used is XRP/USD. This is the standard way to express the exchange rate between Ripple and the US dollar. It's important to keep in mind that the price of Ripple can fluctuate due to market conditions and demand.
  • avatarDec 16, 2021 · 3 years ago
    The price unit for Ripple in US dollars is denoted as XRP/USD. This is the symbol used to represent the exchange rate between Ripple and the US dollar. It's a commonly used pair on cryptocurrency exchanges and provides a way to measure the value of Ripple in terms of US dollars.