About this pair
BTC/XPD: what to know
The BTC/XPD rate shows how much XPD you get for 1 BTC. Right now, 1 BTC buys 59.3163 XPD at the mid-market rate. In the other direction, 1 XPD is worth 0.0169 BTC.
In the short term BTC is driven mainly by crypto-market sentiment and liquidity, while XPD responds to auto demand and tight supply.
The supply is capped at 21 million coins. Palladium is used mainly in petrol-engine catalytic converters.
Because this pair involves a cryptocurrency, expect much higher volatility than typical fiat pairs. Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.