About Counterparty (XCP)
Market Capitalization$47.72 million
Coin or TokenCoin
Number of Exchanges5
Official Website (Alt)N/A
Message Board (Alt)N/A
Counterparty (XCP) Frequently Asked Questions
What is Counterparty?
Counterparty is not a traditional crypto currency and is more of a payment network - using bitcoin as the transport layer. Counterparty is a free and open platform that puts powerful financial tools in the hands of everyone with an Internet connection. By harnessing the power of the Bitcoin network, Counterparty creates a robust and secure marketplace directly on the Bitcoin blockchain, extending Bitcoin’s functionality from a peer-to-peer payment network into a full fledged peer-to-peer financial platform. In addition to sending money without third-party intermediation you can trade, do business, and engage in advanced financial contracts without having to trust anyone else to hold your funds or do your accounting. Along with the Counterparty protocol, the platform consists of the native XCP token to perform advanced operations, and the secure, browser-based Counterwallet to provide the functionality. (Description provided by CryptoCompare)
What exchanges can I buy or trade Counterparty on?
How do I buy Counterparty?
It is not possible to buy most cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum and Litecoin can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance or Changelly to purchase other cryptocurrencies, including Counterparty.
Where can I get Counterparty wallet?
Counterparty produces its own wallet software that is available for download on its website, which allows you to store Counterparty on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano S. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Jaxx or Coinomi to store multiple cryptocurrencies with some added security benefits.
What is the value of Counterparty?
One Counterparty (XCP) is currently worth $18.24 on major cryptocurrency exchanges. You can also exchange one Counterparty for 0.00210290 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Counterparty in U.S. dollars is $47.72 million.
What hashing algorithm does Counterparty use?
Counterparty is a proof of work (PoW) coin that uses the SHA-256 algorithm.
How do I mine Counterparty?
Counterparty and other SHA-256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Butterfly Labs, Canaan (AvalonMiner), FutureBit and GridSeed. ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.
What coins are similar to Counterparty?
The following coins use Counterparty's SHA-256 algorithm and proof of work (PoW) proof-type: Bitcoin, Bitcoin Cash, Steem, Crown, Namecoin, Unobtanium, PACcoin, CHIPS, ATBCoin, Terracoin, UnbreakableCoin, Zetacoin, Titcoin, Dollarcoin and SoonCoin.
What is the Reddit page for Counterparty?
MarketBeat Community Rating for Counterparty (XCP)MarketBeat's community ratings are surveys of what our community members think about Counterparty and other cryptocurrencies. Vote "Outperform" if you believe the stock will outperform other cryptocurrencies over the long term. Vote "Underperform" if you believe the stock will underperform other cryptocurrencies over the long term. You may vote once every thirty days.
Counterparty (XCP) Price Chart for Saturday, April, 21, 2018
Counterparty (XCP) Search Trends
There is a correlation between price appreciation and public interest in cryptocurrencies, such as Counterparty. Many cryptocurrency investors use Google Trends, which measures the volume of web searches for a particular topic over time, as a tool to gauge whether public interest is increasing or decreasing for a particular cryptocurrency. The chart below shows how search volume has changed for the phrase "Counterparty Coin" over the last 90 days.
Counterparty (XCP) News Headlines