How to Buy XDC Network (XDC)

Buy XDC Network through Kucoin

• Kucoin is a global cryptocurrency exchange for numerous digital assets and cryptocurrencies. Launched in September 2017, KuCoin has grown into one of the most popular crypto exchanges and already has over 8 million registered users from 700+ countries and regions. According to Alexa traffic ranking, KuCoin’s monthly unique ranking is in the top 5 globally. Known as the “People’s Exchange”, KuCoin operates in Seychelles, providing users with multi-language and 24/7 customer service. Meanwhile, KuCoin has established local communities all over the world in South Korea, Japan, Spain, Italy, Vietnam, Turkey, Russia, India, and other regions, providing users with the most local services. Currently, 1 out of every 4 crypto holders in the world is with KuCoin.

Buy XDC Network through Bitfinex

• Bitfinex is a cryptocurrency exchange owned and operated by iFinex Inc registered in the British Virgin Islands.Their customers’ money has been stolen or lost in several incidents, and they have been unable to secure normal banking relationships.Bitfinex was founded in December 2012 as a peer-to-peer Bitcoin exchange, offering digital asset trading services to users around the world. Bitfinex initially started as a P2P margin lending platform for Bitcoin and later added support for more cryptocurrencies.

Buy XDC Network through Gate.io

• Gate.io is a crypto exchange founded in the fall of 2017. The platform is a part of Gate Technology Inc corporation, and has a registration address in Virginia, USA. The platform does not have an official license. Its interface is available for working in three versions: English, Chinese and Japanese.

Buy XDC Network through Huobi

• Huobi is a Seychelles-based cryptocurrency exchange. Founded in China, the company now has offices in Hong Kong, South Korea, Japan and the United States. In August 2018 it became a publicly listed Hong Kong company. Following a 2017 ban on Bitcoin exchanges by the Chinese government, Huobi stopped Bitcoin withdrawals.

Buy XDC Network through Bybit

• The exchange prides itself on delivering multilingual online support to its customers and is committed to providing a transparent and efficient trading experience. The products on the platform include BTC/USD, ETH/USD, LTC/USD, and XRP/USD perpetual contracts. A perpetual contract resembles a traditional futures contract in many ways. Its main difference, however, is that it doesn’t have an expiry date. Hence, traders are allowed to hold their positions for as long as they need to.Moreover, the exchange boasts a 100,000 TPS state-of-the-art matching engine. While many of its competitors have suffered from repeated overload problems, this high-performance matching engine makes it possible for Bybit to stand above the competition.The Bybit cryptocurrency broker platform is operated by the Bybit Fintech Limited which is registered on the British Virgin Islands, with headquarters in Singapore. The company was launched in March 2018, making it a fairly young player on the market.

Step 3 – Withdraw Your XDC Network

If you want to withdraw XDC Network from a wallet or exchange, you’ll need to follow these general steps:

1. Open your XDC Network wallet or exchange account: To withdraw your XDC Network, you’ll need to have access to a wallet or exchange that supports XDC Network. Make sure you have the correct wallet address where you want to withdraw your XDC tokens.

2. Click on the “Withdraw” button: Depending on your wallet or exchange, the “Withdraw” button may be labeled differently, such as “Send” or “Transfer.” Click on the appropriate button to initiate the withdrawal process.

3. Enter the withdrawal details: Enter the amount of XDC Network you want to withdraw and the wallet address you want to send it to. Double-check that the wallet address is correct to avoid sending your XDC tokens to the wrong address.

4. Confirm the withdrawal: Review the details of your withdrawal and confirm that they are correct. Depending on your wallet or exchange, you may need to enter a two-factor authentication code or provide other verification.

5. Wait for the withdrawal to complete: Once you’ve confirmed the withdrawal, you’ll need to wait for the transaction to be processed on the XDC Network blockchain. The time it takes to complete a withdrawal can vary depending on network traffic and other factors.

6. Check your wallet balance: After the withdrawal is complete, check your XDC Network wallet balance to confirm that you have received the correct amount of XDC tokens.

Remember to always be cautious when withdrawing your XDC Network and make sure you have the correct wallet address. Double-check all details before confirming the withdrawal to avoid losing your XDC tokens.

Overview 

Who Are the Founders of the XDC Network?

The XDC Network was founded in 2019 by Ritesh Kakkad and Atul Khekade.

Kakkad was a serial tech entrepreneur with decades of experience in the field of cloud computing. Khekade, a computer engineer by training, played the leading role at MonetaGo in the creation of the first permissioned blockchain network for a consortium of the most prominent Asian banks.

Kakkad and Khekade set out to build an enterprise-ready blockchain uniquely suited to the task of liquifying global trade finance. And so, with that overarching goal in mind, they joined forces with André Casterman, who serves in a prominent leadership role for the network.

Casterman had already spent over 20 years at SWIFT, leading various technology innovations in interbank payments, corporate payments, corporate treasury, and trade finance. During that time, he established an institutional partnership between SWIFT and the International Chamber of Commerce (ICC) and created the first digital trade settlement instrument. Currently, in addition to serving as a senior advisor to the XDC Foundation, Casterman chairs the Fintech Committee of the International Trade and Forfaiting Association (ITFA), with a focus on helping banks establish trade finance as an investable asset class through use of data and artificial intelligence technologies. Casterman also serves as CEO of the Trade Finance Distribution Initiative (TFDi).

What Makes the XDC Network Unique?

The XDC Network is a blockchain platform that is designed to enable fast and secure transactions, as well as smart contract execution. Here are some of the key features that make the XDC Network unique:

1. High transaction speed: The XDC Network is designed to process transactions quickly, with a throughput of up to 2,000 transactions per second. This makes it faster than many other blockchain platforms, including Bitcoin and Ethereum.

2. Low transaction fees: The XDC Network has low transaction fees, which makes it an attractive option for businesses and individuals looking to save on transaction costs.

3. Secure and reliable: The XDC Network uses advanced security protocols to ensure that transactions are secure and reliable. It also has a built-in consensus mechanism that helps prevent fraudulent activities on the network.

4. Interoperability: The XDC Network is designed to be interoperable with other blockchain platforms, which makes it easier for businesses to integrate blockchain technology into their existing systems.

5. Smart contract support: The XDC Network supports the execution of smart contracts, which are self-executing contracts that can be used to automate complex processes and reduce transaction costs.

6. Ecosystem support: The XDC Network has a strong ecosystem of developers, partners, and community members who are working together to build innovative blockchain solutions on the platform.

Overall, the XDC Network is a fast, secure, and reliable blockchain platform that is designed to support a wide range of use cases. Its unique features make it an attractive option for businesses and individuals looking to leverage the power of blockchain technology.

How Is the XDC Network Secured?

XDC Network relies on a delegated proof-of-stake mechanism, titled XinFin Delegated Proof of Stake (XDPoS) to reach consensus, in which validators have to perform a small amount of proof-of-work (PoW) when proposing a new block. This unique consensus mechanism ensures the network uses virtually zero energy and is highly resistant to spamming.

A proposed forensics-enabled consensus mechanism (termed XDPoS 2.0) is built upon the most advanced BFT consensus protocol and will equip the XDC Network with military-grade security and performance, greatly conserve resources, and be fully backwards-compatible in terms of APIs.

XDPoS 2.0 builds off of the original XDPoS consensus mechanism by introducing a BFT committee, which is a set of masternodes selected using a deterministic and verifiable algorithm at the beginning of each epoch. They aim at reaching consensus using the state-of-the-art BFT protocol (chained-Hotstuff) and have the ability to identify malicious actors with cryptographically provable forensic evidence.

The holistic integration of accountability and forensics within the blockchain positions XDC Network as a uniquely secure and monitored blockchain protocol.

Where Can You Buy XDC Network ?

If you’re looking to buy XDC Network, there are several cryptocurrency exchanges and trading platforms where you can purchase XDC tokens. Here are some popular exchanges and platforms that support XDC Network:

1. Bitrue: This is a popular cryptocurrency exchange that supports XDC Network. It allows you to buy and sell XDC tokens using various payment methods, including credit cards, bank transfers, and other cryptocurrencies.

2. KuCoin: This is another popular cryptocurrency exchange that supports XDC Network. It allows you to buy and sell XDC tokens using various payment methods, including credit cards, bank transfers, and other cryptocurrencies.

3. BitMax: This is a cryptocurrency exchange that supports XDC Network. It allows you to buy and sell XDC tokens using various payment methods, including credit cards, bank transfers, and other cryptocurrencies.

4. ProBit: This is a cryptocurrency exchange that supports XDC Network. It allows you to buy and sell XDC tokens using various payment methods, including credit cards, bank transfers, and other cryptocurrencies.

5. Uniswap: This is a decentralized exchange that supports XDC Network. It allows you to buy and sell XDC tokens using other cryptocurrencies, such as Ethereum.

When choosing a cryptocurrency exchange or platform to buy XDC Network, make sure to do your research and choose a reputable platform with good security measures. It’s also a good idea to compare fees and other factors to ensure that you get the best possible deal on your XDC tokens.