XCN

Overview of Chain(XCN)

Chain (XCN) is a blockchain technology company focused on building a more connected and intelligent economy. Founded in 2014, is a blockchain platform that simplifies interaction with various cryptocurrencies and NFTs. After an acquisition by Stellar in 2018, Chain became independent again in 2020 and continues to develop a more connected financial system. Their platform supports earning, trading, investing, and spending digital assets, making it a comprehensive solution for cryptocurrency enthusiasts.

Pros and Cons

XCN Price Prediction

Over the coming decades, XCN's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.00002078 and $0.09964.In 2040, our forecast suggests XCN could reach a peak price of $0.2866,with a potential minimum around $0.0001010.Looking ahead to 2050, technical analysis indicates that XCN's price could range from $0.07703 and $0.2661,with an estimated average trading price of about $0.07693.

Crypto Wallet

Chain Wallet is a non-custodial wallet, meaning you hold the private keys to your own funds. This emphasizes security and user control over your digital assets. The wallet supports buying, selling, and managing over 100 cryptocurrencies and NFTs. It allows you to track market prices and manage your entire digital asset portfolio in one place. This makes it a comprehensive platform for cryptocurrency users who want to buy, sell, hold, and track a wide range of digital assets.

What Makes Chain(XCN) Unique？

Chain(XCN) presents several innovative aspects in its design and operation, distinguishing it from other cryptocurrencies.

Primarily, Chain(XCN) is designed as a platform for managing, transcribing, and interacting with smart contracts. In this regard, it deviates from currencies focused solely on token exchange, opting for an expanded utilization scope. The reliance on its proprietary language, ChainScript, specifically constructed for these contracts, is particularly unique.

Furthermore, Chain(XCN) aims to bridge the divide between blockchain technology and physical industries. Their goal is to leverage blockchain's decentralization and transparency for a potentially broad range of industrial applications, unlocking automation possibilities and reducing the need for human intervention. This physical-digital integration ambition sets Chain(XCN) apart.

Finally, Chain(XCN)'s focus on transparency is noteworthy. Using the blockchain's immutable and chronologically organized record-keeping capacity, every transaction on the Chain(XCN) platform is publicly accessible, contributing to their transparency objectives. This broad-scale visibility may not be as emphasized in some other cryptocurrencies.

How Does Chain(XCN) Work？

Chain(XCN) is a blockchain platform built for automating transactions and interactions. It uses smart contracts, written in their own language ChainScript, to define agreements that execute automatically when pre-set conditions are met. This removes the need for central authority, making transactions faster, cheaper, and more secure.

Chain(XCN) relies on a public blockchain to record all transactions. This creates a transparent and tamper-proof record of everything that happens on the platform. Additionally, Chain(XCN) aims to bridge the gap between traditional industries and blockchain technology, potentially streamlining processes and increasing efficiency across various sectors.

Exchanges to Buy Chain(XCN)

Onyxcoin (XCN) is available for trading on several cryptocurrency exchanges. Here's a breakdown of some popular options, including the currency and token pairs they support:

1. KuCoin: A global exchange known for its wide variety of cryptocurrencies. It offers XCN trading pairs with major cryptocurrencies like Bitcoin (XCN/BTC), Ethereum (XCN/ETH), and Tether (XCN/USDT).

See this link for details on how to buy XCN: https://www.gate.io/how-to-buy/onyxcoin-xcn

• Log in to your Gate.io account.
• Fund your account with a supported currency. If you already hold the desired currency in another wallet or exchange, transfer it to your Gate.io account. Alternatively, Gate.io might offer options to directly purchase these currencies using a debit/credit card or other payment methods (limited based on location).
• Navigate to the XCN market. You can search for “XCN” on Gate.io to find the trading pairs available (e.g., XCN/USDT, XCN/BTC).
• Choose a trading option. Gate.io might offer different trading options like spot trading or margin trading. Select the option that suits your needs and risk tolerance.
• Place a buy order. Specify the amount of XCN you want to purchase and the price you're willing to pay. You can choose from various order types, like market orders (instant execution at current market price) or limit orders (purchase at a specific price or better).
• Review and confirm your order. Double-check the details of your order (amount, price, fees) before confirming the purchase.
• Your XCN will be credited to your account. Once your order is filled, the purchased XCN will be deposited into your Gate.io wallet.


2. CoinEx: Another popular exchange with a user-friendly interface. You can trade XCN with Bitcoin (XCN/BTC), Ethereum (XCN/ETH), and USD Coin (XCN/USDC).

3. Kraken: A reputable exchange known for its security and reliability. Kraken supports XCN trading with Bitcoin (XCN/BTC), Tether (XCN/USDT), and USD Coin (XCN/USDC).

4. Gate.io: A global exchange offering a wide range of features and functionalities. Gate.io lets you trade XCN with Bitcoin (XCN/BTC), Ethereum (XCN/ETH), USD Coin (XCN/USDC), and Binance Coin (XCN/BNB).

5. MEXC: A growing exchange with a focus on innovation. MEXC provides XCN trading pairs with Bitcoin (XCN/BTC), Tether (XCN/USDT), and USD Coin (XCN/USDC).

How to Store Chain(XCN)？

Several wallets support storing and managing XCN. These wallets typically won't allow you to directly purchase XCN with fiat currency. However, you can transfer XCN to these wallets from exchanges that support buying XCN. Here are some popular options:

• Exchange Wallets: Many cryptocurrency exchanges provide built-in wallets for storing the digital assets you trade on their platform. If you purchase XCN on an exchange like Gate.io, CoinEx, or Kraken, you can store them securely in the exchange's wallet.
• Software Wallets: These are downloadable applications you install on your computer or mobile device. Popular options include MetaMask, Trust Wallet, Atomic Wallet, and more (depending on whether they support XCN). You can transfer your XCN from an exchange or another wallet to these software wallets for safekeeping.
• Hardware Wallets: These are physical devices resembling USB drives that offer the most secure storage for your cryptocurrencies. Ledger and Trezor are well-known hardware wallet brands that might support XCN (always double-check compatibility before purchasing

Is It Safe？

The safety of XCN itself is dependent on two main factors: the security of the Chain network and how you store your XCN.

Chain Network Security

Chain utilizes a public blockchain, which inherently benefits from strong cryptographic techniques and immutability of recorded transactions. This makes it difficult to tamper with XCN on the network itself.

Wallet Security

How secure your XCN ultimately is depends on where you store it. Non-custodial wallets like Chain Wallet give you control over your private keys, but this also means you are responsible for their security. If someone gains access to your private key or seed phrase, they can steal your XCN. On the other hand, exchange wallets offer more convenience but may be less secure as you don't directly control the private keys.

How to Earn Chain(XCN)？

Obtaining Chain(XCN) would typically involve one of several avenues, like mining, purchasing it on a supporting exchange, partaking in its network activities, or possibly receiving it as a form of payment. However, the exact methods of obtaining Chain(XCN) have not been stated in our given information. Still, potential participants should consider the general coin-earning advice below:

1. Mining: If Chain(XCN) could be mined, it might offer one way to earn this currency. Mining is a process where transactions are verified and added to the blockchain ledger. It usually requires a high-power computer setup and could be time and energy-consuming.

2. Cryptocurrency Exchanges: You can purchase Chain(XCN) directly from supporting exchanges using either fiat currencies or other cryptocurrencies, depending on what pairs the exchanges offer. Always use reputable and secure exchanges when buying cryptocurrencies.

3. Staking or Network Participation: Some coins offer incentives for holding a certain amount of the currency to help secure the network or partaking in network activities. It isn't clear if this is part of Chain(XCN)'s model.

4. Payment for products or services: If you have a business, consider accepting Chain(XCN) as a form of payment. This can help you accumulate this crypto while also potentially attracting a larger customer base.