Exeedme (XED) is a blockchain-powered tournament platform that allows gamers of all skill levels to monetize their skills. The platform offers a fair and trusted "play-to-earn" environment where gamers can play their favorite games, challenge opponents, and profit from betting on their own victory. Gamers earn XED tokens and exclusive NFT prizes for engagement and winning tournaments and league events. XED tokens are used for governance, accessing higher leagues, and unlocking exclusive opportunities within the platform.
Exeedme (XED) is a cryptocurrency token designed for use within the Exeedme gaming ecosystem. The XED token plays a central role in organizing tournaments, building communities, and integrating new games. Here are the key ways XED is used:
Staking: Users must stake their XED tokens to participate in tournaments, leagues, and other activities. The amount staked determines the level of participation and rewards, including exclusive NFT collectibles and digital perks like skins for avatars.
Governance: Staking XED gives players the right to vote on new games, features, and reward distribution, allowing them to contribute to the platform's development and direction.
Tournament Organization: Community creators and organizers must stake XED to build and manage tournaments and leagues. The larger the stake, the bigger the event.
Game Development: XED is used for bug bounties, beta testing, and other engagement activities, ensuring game developers are incentivized to contribute to the ecosystem.
Marketplace: XED can be used to buy and sell items and NFTs within the Exeedme marketplace.
Rewards and Fees: XED is used to distribute rewards to players, and fees from tournaments and other activities are used to fund XED Reward Pools, NFT Reward Pools, and platform development.
Overall, the XED token is the energy driving the Exeedme ecosystem, facilitating user engagement, community building, and game development.
To store Exeedme (XED) tokens, you have several options depending on your needs and preferences. Here are a few methods:
Centralized Exchanges (CEXs)You can store your Exeedme (XED) tokens on a centralized exchange like KuCoin. This method provides easy access to investment products and features, such as spot trading and other services. However, you should be aware that the exchange holds custody of your assets.
Crypto WalletsFor more control and security, you can use a non-custodial wallet like Atomic Wallet, Noone Wallet, or MetaMask. These wallets allow you to manage your Exeedme (XED) tokens directly and provide features like sending, receiving, and exchanging multiple cryptocurrencies.
Decentralized Exchanges (DEXs)Another option is to use a decentralized exchange (DEX) like Uniswap. DEXs provide trustless crypto swapping based on self-executing smart contracts. You will need a compatible wallet like MetaMask to interact with the DEX, and you will maintain full custody of your assets.
Self-Custody WalletsYou can also use self-custody wallets that support Exeedme (XED) to store your tokens. These wallets give you complete control over your assets and are often preferred for their security and privacy.
Before choosing a storage method, consider factors such as security, liquidity, fees, and your personal preferences.
To buy Exeedme (XED) tokens, you can follow these steps:
Buying on a Centralized ExchangeChoose a Centralized Exchange (CEX): Select a reliable and trustworthy crypto exchange that supports Exeedme (XED) purchases. Consider factors such as ease of use, fee structure, and supported payment methods.
Create an Account: Enter the required information and set a secure password. Enable two-factor authentication (2FA) for added security.
Verify Your Identity: Complete Know-Your-Customer (KYC) verification, which may require varying information based on your nationality and region.
Add a Payment Method: Follow the exchange's instructions to add a credit/debit card, bank account, or other supported payment methods.
Buy Exeedme (XED): Use fiat currency to purchase XED directly if supported, or first buy a popular cryptocurrency like USDT and then exchange it for XED.
Choose a Wallet: Select a reliable and reputable crypto wallet that supports Exeedme (XED) purchases.
Download and Create a Wallet: Download the wallet app and create a new wallet address or import an existing one. Make sure to securely store your seed phrase.
Buy Exeedme (XED): Purchase XED using a supported payment method. If direct fiat-to-XED purchases are not available, you can first buy a popular cryptocurrency like USDT and then exchange it for XED.
Exeedme (XED) can also be traded on decentralized exchanges like Uniswap V3 (Polygon).