First Ledger Review: What XRPL Traders Should Know
First Ledger is an XRP Ledger DEX, not Ledger’s hardware-wallet app. Its core purpose is identifiable, but key details about fees, custody and safety are unclear.
By the SkyBitcoins review team · Updated
At a glance
First Ledger key facts
| Type | Decentralized exchange (DEX) |
|---|---|
| Network | XRP Ledger (XRPL) |
| Token | No project token listed |
| Purpose | Trade, launch and manage digital assets |
| Updated |
First Ledger FAQs
What is First Ledger?
First Ledger is described as a decentralized exchange built on the XRP Ledger. It lets users trade digital assets and is also presented as a place to launch and manage them.
What fees does First Ledger charge?
First Ledger’s trading fees are not clear, and trades on the XRP Ledger can also incur network fees. Check the costs shown for a transaction before confirming it.
Is First Ledger safe to use?
The available project details do not establish First Ledger’s custody model, audit status or licensing. Don’t assume that using a DEX means every part of the service is risk-free or independently audited.
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How we checked
Sources
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