Radix (XRD) is used in several ways within the Radix ecosystem:

1. Staking: XRD tokens are used to secure the Radix Public Network via staking. Token holders can delegate their tokens to validator nodes, which helps to prevent Sybil attacks and ensures the network's security. In return, stakers earn network emission rewards.

2. Transaction Fees: XRD is used to pay for transaction fees on the Radix Public Network. These fees are primarily intended to prevent spam transactions, and 50% of the base network fee is burned, meaning the tokens used to pay the fee are destroyed by the Radix Protocol.

3. DeFi and dApps: XRD can be used as collateral in lending protocols, facilitate exchange between other tokens, and support various decentralized applications (dApps) within the Radix DeFi ecosystem.

4. Network Governance: XRD token holders participate in governance decisions, ensuring the network is managed and updated in a decentralized manner.

5. Smart Contracts: XRD is used to initiate and execute smart contracts on the Radix platform, enabling a wide range of decentralized services and applications.

6. Value Transfer: XRD can be used for value transfer, allowing users to pay for goods and services or exchange it with other tokens.

These diverse use cases highlight the versatility and potential of the Radix (XRD) token in the decentralized finance (DeFi) space.

To store Radix (XRD) tokens, you have several options:

1. Radix Desktop Wallet: This is a highly recommended option as it provides staking functionality, which enhances security. It also allows you to manage your tokens and interact with decentralized applications (dApps) on the Radix Network.

2. Ledger Nano S or X: These hardware wallets offer additional security and can be integrated with the Radix Desktop Wallet. They require approval and signing of transactions on the Ledger device, ensuring that even if your PC is compromised, your tokens remain secure.

3. Custodial Wallets: These are provided by centralized exchanges like Bitfinex, KuCoin, Gate, AscendEX, and MEXC. They are convenient but require trust in the operating party and do not currently support dApp interactions.

4. Multi-network Wallets: Wallets like Coinbase Wallet, Trust Wallet, and MetaMask support XRD tokens but are not specifically designed for Radix and may not offer the same level of integration and functionality as the Radix Desktop Wallet.

It is generally advised not to store tokens on exchanges long-term, as you do not control the keys and are vulnerable to exchange hacks.

To buy Radix (XRD) tokens, follow these steps:

1. Purchase a Fiat-Accessible Cryptocurrency:

   • Buy a cryptocurrency that can be easily purchased with fiat currency, such as USDT, BTC, ETH, or BNB. This can be done through various exchanges or financial service platforms like PayPal or Robinhood.

2. Choose a Centralized Exchange (CEX):

   • Select a CEX that supports Radix (XRD) trading. Some popular options include KuCoin, Bitfinex, gate.io, MEXC Global, and Bitget.

3. Register and Verify Your Account:

• Create an account on the chosen CEX's official website or app. Verify your identity and secure your account by enabling two-step verification.

4. Transfer Fiat-Accessible Cryptocurrency:

   • Transfer the fiat-purchased cryptocurrency (e.g., USDT, ETH, or BNB) to the CEX that supports Radix (XRD) trading. Ensure the CEX supports both the fiat-purchased cryptocurrency and Radix (XRD) trading pairs.

5. Buy Radix (XRD):

   • Use the transferred cryptocurrency to buy Radix (XRD) in the spot market. You can trade Radix (XRD) against the fiat-purchased cryptocurrency.

6. Store Radix (XRD):

• Store your Radix (XRD) tokens securely in your CEX account or transfer them to a non-custodial wallet for long-term holding.

Additionally, you can also purchase Radix (XRD) using credit/debit cards via Switchere.