Crypto perpetuals · Cryptocurrency · payments
XRP perpetual (XRPUSDT) on QATS Prop
XRP (XRPUSDT) is a USDT-margined perpetual future you can trade on QATS Prop Crypto challenges, one of 17 instruments on that line. It is priced from Binance or Bybit, the exchange chosen at checkout, takes leverage up to 10× on the current plans, trades around the clock and never expires.
Compiled by the QATS team from the live instrument catalogue · checked
XRPUSDT at a glance
- Symbol
XRPUSDT, a USDT-margined perpetual future with no expiry- Challenge
- QATS Prop Crypto challenges
- Priced from
- Binance or Bybit, the exchange chosen at checkout
- Listed on
- Binance and Bybit
- Max leverage
- Up to 10× on the current plans, chosen per order
- Funding
- The exchange’s funding rate, paid or received at its funding times and added to the position’s P&L
- Risk day
- Starts at 00:00 UTC
- Hours
- 24/7, weekends included
What is XRP?
A payments token built for moving money across borders in seconds.
XRP is the currency of the XRP Ledger, a network designed for fast, cheap settlement between currencies. All 100 billion tokens were created at launch; a large share is held by Ripple, the company that builds payment products on the ledger, and released on a schedule.
Its price has been shaped by regulation more than most: court decisions about whether it is a security moved it sharply in both directions. It has a large and loyal retail following, so sentiment turns quickly.
- Launched
- 2012
- Total supply
- 100 billion XRP, created at launch
- Settlement
- Three to five seconds
- Associated company
- Ripple
What moves the price of XRP?
- Regulation
- Rulings and legislation on its legal status have caused its largest moves.
- Bank and payment adoption
- Announcements of institutions using the ledger for settlement.
- Scheduled releases
- Tokens released from escrow add to the supply that can be sold.
- Crypto market direction
- It follows bitcoin in broad moves, with bursts of its own.
What do traders watch?
- US regulatory and court news
- Ripple announcements
- Bitcoin direction
When does XRPUSDT trade?
Trades around the clock, weekends included. Volume is usually deepest when European and US hours overlap, 13:00 to 17:00 UTC.
What are the risks of trading XRP on a prop account?
- Crypto moves at any hour. A stop that is not placed is not there when the move happens overnight or at the weekend.
- This is a perpetual contract: it has no expiry, and its price can sit slightly above or below the market it follows.
Related instruments
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Sources
Frequently asked questions
01Can I trade XRP with a prop firm?
Yes. XRP (XRPUSDT) is on QATS Prop Crypto challenges as a USDT-margined perpetual, priced from Binance or Bybit, the exchange chosen at checkout. It is listed on Binance and Bybit, has no expiry and trades 24/7.
02What leverage can I use on XRPUSDT at QATS Prop?
Up to 10× on the current plans. You choose the leverage of each order up to that ceiling; the account’s daily loss limit and maximum loss still apply to the position.
03When can I trade XRPUSDT?
Trades around the clock, weekends included. Volume is usually deepest when European and US hours overlap, 13:00 to 17:00 UTC.
Educational content, not investment advice. This page describes what the market is and does not forecast its price. Evaluation and Funded accounts are simulated; Live Funded is real capital by separate review. Which instruments an account can trade is set by its plan and checked on every order.
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