XeniosCoin (XNC) is a cryptocurrency launched in 2019, designed to offer fast, secure, anonymous, and scalable payment methods for blockchain-based businesses and digital finance. It uses a hybrid X11 consensus algorithm and operates through Masternodes and Software Masternodes, enabling high-speed transactions with low fees. The coin has a semi-stable nature, combining the structure of stablecoins with its origin as a volatile cryptocurrency. It serves as the native asset of the Xenios Blockchain, supporting various use cases such as trading, investing, and rewarding users who mine new tokens and create blocks.
XeniosCoin (XNC) is designed for trading and investing, offering anonymous, free, and quick transactions. It is a semi-stable asset, which can be comforting for investors who use it as a means of exchange. Additionally, XNC tokens are used to reward users who mine new XNC tokens and create blocks. The coin is also used for governance and utility on the Xenios platform and serves as the official currency for yearly subscriptions of members in the Hellenic Blockchain Association.
To store XeniosCoin (XNC) tokens, you have several options:
- Exchanges' Wallets: You can store your XeniosCoin on exchanges' wallets, such as Binance Wallet.
- Crypto Wallets: You can store your XeniosCoin on crypto wallets like Trust Wallet.
- Cold Wallets: For long-term storage, you can use cold wallets, which are more secure than hot wallets.
- Personal Wallets: You can also store your XeniosCoin in your personal wallet, either on-chain or off-chain, depending on your familiarity with operating on-chain wallets.
To buy Xenios (XNC) tokens, follow these steps:
Create an Account:
- Register on a centralized exchange (CEX) like Binance, Coinbase, or Bitrue. Verify your identity and secure your account with two-step verification.
Fund Your Account:
- Use fiat currency to purchase a cryptocurrency like USDT, ETH, or BNB. This can be done through the CEX's OTC trading service or via financial platforms like PayPal or Robinhood.
Transfer Funds:
- Transfer the purchased cryptocurrency to a CEX that supports XeniosCoin (XNC) trading. If the same CEX supports both fiat purchases and XNC trading, you can skip this step.
Buy XeniosCoin:
- Use the transferred cryptocurrency to buy XNC in the spot market. Ensure the CEX supports the desired trading pair, such as XNC/USDT or XNC/ETH.
Store or Trade:
- Store your XNC in a wallet, such as Binance Wallet or Trust Wallet, or trade it for other cryptocurrencies on crypto exchanges.
Remember to research the exchange's reputation and fees before making a purchase.