Counterparty (XCP) Price
XCP RANK #1683The price of Counterparty (XCP) is calculated in real-time by aggregating the latest data across 2 exchanges and 2 markets, using a global volume-weighted average formula. Learn more about how crypto prices are calculated on CoinGecko. Counterparty is a platform for user-created assets on Bitcoin. It’s a protocol, set of specifications, and an API that allows users to create and trade assets on top of Bitcoin’s blockchain. Similar to platforms like Waves or Ethereum, Counterparty enables asset creation and trading but integrates directly with Bitcoin, leveraging its security and reliability. Counterparty avoids the term "token" in its marketing and documentation, focusing instead on digital assets of all kinds. These assets can represent anything of value or rarity, such as digital markers for physical objects, shares in a company, or reputation karma for a website. Counterparty provides the infrastructure for user-created assets on the Bitcoin blockchain, similar to how the ERC-20 protocol works on Ethereum.
