Price change (24h):
0.00%
High (24h):
$
Low (24h):
$
Volume (24h):
$2.67K
Market Cap:
$3.10M
All Time High:
98.69% $91.13
Jan 10, 2018
All Time Low:
792% $0.13
Oct 25, 2019
Counterparty
XCP80.81 %(1Y)
$1.2
About Counterparty
Counterparty (XCP) is a cryptocurrency launched in 2014. It functions as a smart contract platform and an asset issuance protocol built directly on top of the Bitcoin blockchain.
The project pioneered the concept of user-generated assets secured by Bitcoin’s vast proof-of-work network. Before Ethereum’s ERC-20 standard existed, Counterparty provided the infrastructure to mint, transfer, and trade custom digital assets without requiring a separate blockchain. The friction it addresses is the absence of native programmable asset issuance on Bitcoin, allowing everything from corporate equity markers to reputation points to ride on Bitcoin’s settlement layer.
The protocol operates atop the Bitcoin network, inheriting its proof-of-work consensus. It does not run a separate chain; instead, Counterparty embeds data inside Bitcoin transactions using embedded consensus. Every asset creation or transfer ultimately settles with Bitcoin’s miners.
Transactions are validated using the SHA-256 hashing algorithm and finalize within Bitcoin’s 10-minute block interval. The native token, XCP, adheres to the protocol’s own asset encoding, not an ERC-20 or BEP-20 standard. No separate validator set exists beyond Bitcoin miners, and the platform’s core node software interacts directly with a Bitcoin full node.
No single public figure is credited with Counterparty’s creation; the project emerged from a pseudonymous or collective early crypto developer circle in January 2014. Its genesis block arrived just days into that year, making it one of the first practical implementations of user-issued assets on Bitcoin. The protocol enjoyed a brief window of influence, fostering early experiments in decentralized crowdfunding and tokenized securities, before Ethereum’s ERC-20 standard drew developer mindshare away. By the late 2010s, trading volumes dwindled as the ecosystem shifted.
Counterparty’s long-term purpose is to anchor programmable asset issuance to Bitcoin’s security and immutability. The protocol deliberately avoids the term “token,” preferring “digital asset” to encompass any record of value, ownership, or membership. It aims to be a permanent, censorship-resistant registry for any arbitrary asset, independent of centralized intermediaries.
XCP functions as the required fuel for creating named assets and executing smart contract operations on the Counterparty layer. Issuing a new asset burns a small amount of XCP, embedding the registration into Bitcoin’s ledger. The token also serves as the base currency in the platform’s native decentralized exchange, enabling direct asset-to-XCP trading pairs without wrapping.
Users hold XCP to mint custom assets such as boardroom voting markers, dividend-distributing stock representations, or reward points. A company could, for example, issue digital shares and later use Counterparty’s automated distribution feature to pay BTC dividends proportionally to those share holders. Market participants also maintain XCP balances to provide liquidity on the protocol’s thin but historically significant orderbook.
Counterparty has a total supply of 2,649,791 XCP tokens. Currently, 2,590,410 are in circulation. With a market capitalization of $3,413,466, Counterparty ranks #1,904 among all cryptocurrencies.
Counterparty Historical Price Data
| Date | Open | Close | High | Low |
|---|---|---|---|---|
| 10/06/2026 | $1.21 | $1.20 | $1.29 | $1.19 |
| 09/06/2026 | $1.29 | $1.21 | $1.29 | $0.96 |
| 08/06/2026 | $0.96 | $1.44 | $1.44 | $0.95 |
| 07/06/2026 | $0.91 | $0.91 | $0.91 | $0.91 |
| 06/06/2026 | $1.31 | $1.21 | $1.31 | $0.90 |
| 05/06/2026 | $1.31 | $1.31 | $1.31 | $1.29 |
Why is manual trading Counterparty a bad idea?
Manual xcp trading
- Miss perfect entry/exit
- Emotional decisions
- Huge time to monitor
Stoic AI
-
AI trades 24/7 automatically Catch every opportunity
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Zero-emotion algorithm Disciplined strategy
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Passive income Set & forget automation
20,000+
traders trusted Stoic AI
$200M+
in cumulative assets under management since inception
2015
year of company foundation
FAQ
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Counterparty (XCP) is a cryptocurrency that can be bought, sold, and traded on major exchanges. Its price changes in real time based on supply, demand, and broader market conditions. You can track the live XCP price, market cap, and 24-hour trading volume at the top of this page.
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The current price of Counterparty (XCP) is $1.2. Over the last 24 hours, it has moved 0.00%. Crypto prices update continuously, so short-term changes can happen quickly.
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You can buy Counterparty on major exchanges like Binance, Coinbase, or KuCoin. However, simply buying and holding can be risky due to market volatility.
The smartest way to manage your XCP investment is to connect your exchange account to Stoic AI. This allows you to keep funds on your preferred exchange while our institutional-grade algorithm automates the trading strategy for you, aiming to outperform manual trading. -
Counterparty's price is influenced by overall crypto market trends, trading volume, investor sentiment, regulatory news, and macroeconomic events. High volatility is common - XCP can move 5-15% in a single day. This makes timing the market extremely difficult for manual traders but creates opportunities for systematic, data-driven strategies.
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We can’t provide investment advice. Whether Counterparty is a good investment depends on your risk tolerance, time horizon, and strategy. Crypto markets are highly volatile and past performance doesn't guarantee future results. Many investors reduce risk by diversifying across multiple assets and using automated strategies that remove emotional decision-making. Always do your own research before investing.
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Common approaches include buy & hold, discretionary trading based on technical analysis, or automated strategies. Manual trading can be difficult due to fees, timing, and emotional decisions. Stoic AI offers an out-of-the-box automated approach: connect your exchange via trade-only API permissions, choose a strategy, and the system manages portfolio rebalancing 24/7.
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Stoic AI uses hedge fund-grade quantitative strategies developed by Cindicator, a fintech company with 9+ years of experience and $230M+ in assets under management. The algorithm analyzes price data, volatility, and correlations to build and rebalance a diversified portfolio. XCP can be included based on real-time market conditions. Over 18,000 customers already use Stoic AI to automate their crypto portfolios.
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With Stoic AI, your funds stay on your exchange (Binance, Coinbase, KuCoin, etc.) at all times. Stoic connects via read-and-trade-only API keys - it cannot withdraw your funds. The platform uses institutional-grade risk management and has been live-tested through multiple market cycles since 2020, including the 2022 crypto winter. You maintain full control and can disconnect at any time.
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You can start with as little as $500. There are no lock-ups and no hidden fees. You can try it now and withdraw your funds at any time. Create a Stoic account, connect your exchange using an API key with trading‑only permissions, choose a strategy, and start automated trading. You can stop anytime by revoking the API key on your exchange. Since the funds stay in your exchange wallet, you remain in control of deposits and withdrawals.
