Chain (XCN) is the related token that has been embraced by crypto enthusiasts and investors since its launch. It is currently ranked number 601 based on market capitalization on CoinMarketCap, with a market capitalization of 65938890 recorded at the time of writing. XCN has been gaining momentum alongside the flourishing cryptocurrency market this year. More and more people are becoming interested in Chain. They wish to invest or purchase Chain (XCN), but may not know how to get started. Here, we will guide you through all the information you need to know about purchasing Chain. Regardless of your location, Bitrue can provide you with a simple and secure way to buy XCN.
Where and how to buy Chain
When it comes to purchasing Chain (XCN), users may focus on various factors, such as cryptographic wallets, on-chain protocols, and other complex operations. Fortunately, Bitrue exchange allows you to buy Chain in a simple and quick manner. Just register through the official website or app, verify your identity, set up your payment methods (such as credit cards/debit cards/bank transfers), or deposit cryptocurrencies to your Bitrue wallet for spot trading. The purchased XCN will be stored in your crypto wallet account to ensure asset security. Below is a step-by-step guide on how to buy Chain (XCN) through Bitrue.
How to keep your Chain safe and secure
Once you have purchased Chain, it is crucial to store it in a secure location. Bitrue is a secure, transparent, technologically stable, and user-friendly cryptocurrency exchange. Bitrue allows you to store Chain and other digital assets in the encrypted wallet of your platform account, enabling you to trade, deposit, and withdraw anytime, anywhere.
If you are highly familiar with operating on-chain Chain wallets, you also have the option to store Chain (XCN) separately in a personal encrypted wallet. This wallet serves to keep your Chain secure and accessible, allowing you to send and receive it while maintaining control.
To ensure the security of your Chain, consider the following types of encrypted wallets:
- Mobile Wallets: Store your private key in an application on your smartphone.
- Web Wallets: Third-party-controlled online servers that store your private key.
- Desktop Wallets: Computer programs that allow you to store your private key on a hard drive.
- Hardware Wallets: Physical devices for offline storage of private keys.
Note: Cryptocurrency wallets do not technically store your Chain encrypted assets. Instead, the assets remain on the blockchain, and access is granted using the digital private keys stored in the wallet.
FAQ About Buy Crypto
What is Chain?
Onyxcoin (XCN) is a cryptocurrency launched in 2021and operates on the Ethereum platform. Onyxcoin has a current supply of 48,402,437,326 with 29,469,583,243 in circulation. The last known price of Onyxcoin is 0.00164078 USD and is up 0.32 over the last 24 hours. It is currently trading on 85 active market(s) with $3,600,865.19 traded over the last 24 hours. More information can be found at https://onyx.org.
How many Chain are there in total?
The total supply of Chain is 48,402,437,326 and the Circulating Supply is 30,790,293,735 .
Why are people buying Chain?
People buy Chain for various reasons. Some view it as an investment, expecting its value to increase, while others appreciate its decentralization and anonymity, seeking to avoid restrictions of traditional financial systems. Additionally, Chain serves as a digital asset with transactions independent of central authorities. Overall, motivations for purchasing Chain include investment, risk diversification, and trust in new digital assets.
Where is the preferred place to buy Chain?
Bitrue exchange, with its secure and stable platform, user-friendly interface, low fees, and high liquidity, stands as the best exchange for millions of users to purchase XCN.
Should I buy Chain?
Deciding whether to buy Chain depends on individual financial goals, risk tolerance, and understanding of the digital asset market. Chain investments involve market volatility and risks, so it's advisable to thoroughly understand its characteristics and market conditions before purchasing. If you have investment experience, can withstand price fluctuations, and are willing to accept potential losses, buying Chain (XCN) may be a suitable investment choice. However, remember that all investments come with risks.
Can I use cash to buy Chain?
Generally, buying Chain digital assets by cash is relatively challenging, as most cryptocurrency exchanges prefer electronic payments or bank transfers.
How much does it cost to buy 10 XCN?
To purchase 10 XCN, the cost in USD would be $0.0234.
What are the fees for buying Chain?
Bitrue offers the lowest fees across all cryptocurrencies. Check the fee rates for all cryptocurrencies
here.
How to use Apple Pay to buy XCN?
Currently, Bitrue does not support purchasing XCN or adding fiat currency using Apple Pay.
How to use Google Pay to buy XCN?
Currently, Bitrue does not support purchasing XCN or adding fiat currency using Google Pay.
How to use Paypal to buy XCN?
Currently, Bitrue does not support purchasing XCN or adding fiat currency using Paypal.
What can I do with Chain?
You can use Chain to pay for goods and services, invest, transfer and remit, preserve assets, participate in DeFi, donate, and more.
How to sell my Chain?
If your Bitrue wallet does not hold Chain, you need to deposit XCN into your Bitrue account. If you already have XCN, log in to your trading platform account, find the Sell option, usually located on the OTC or market trading page. Enter the quantity of XCN you want to sell, select the selling price, confirm the sell order, and once your XCN is successfully sold, you can withdraw funds to your set bank account or other payment methods.
Can I purchase Chain (XCN) worth 1 US dollar?
In theory, Chain (XCN) can be divided into many units of 1 US dollar each, but on Bitrue, the minimum order amount for XCN is 10 US dollars.