Best Way to Understand XRP Cross-Currency Step by Step
Because of circumstances, cross-currency payments conveyance a fixed amount to their station at a variable cost to their source. Cross-currency payments can also be partial payment which deliver a variable amount to the destination within a fixed sending limit
as a matter of course, cross-currency payment involves at least two changes, which means that at least one currency involved must be a non-XRP symbol or mark.
There must be at least one walk between the sender and receiver, and the total liquidity across all trails must be enough to execute the exchange. Cross-currency payments convert from one currency to another by consuming feeler in the XRP Ledger’s Decentralized network.
What is Auto-Bridging Cross Cross-Currency
Auto-Bridging is Cross-Currency payments that exchange one token for another token by automatically use XRP to bridge the tokens, when it decreases the cost of the payment.
Auto-bridging occur automatically on any xrp Offer Create transaction. Payment transactions do not use auto-bridging by inadequacy, but pathfinding can come across paths that have the same effect.
For more Information visit our XRP Section
XRP official Website: https://xrpl.org/
XPRL: https://xrpl.org/send-xrp.html#getting-a-real-xrp-account
Monitor Incoming Payments: https://xrpl.org/monitor-incoming-payments-with-websocket.html#monitor-incoming-payments-with-websocket
XRP Cross-Currency : https://xrpl.org/cross-currency-payments.html