XCN, also known as Onyxcoin, powers the Onyx Protocol, a blockchain platform designed to improve financial services. It serves as a governance and utility token. Holders can vote on protocol upgrades, stake XCN for rewards, or use it for payments within the ecosystem. The Onyx Protocol aims to create a secure, scalable ledger for financial applications, making XCN a key part of this network.
Top Exchanges to Buy XCN
Several trusted cryptocurrency exchanges offer XCN for trading. Below are some of the best options based on security, usability, and liquidity:
Kraken
- Features: Known for strong security and a user-friendly interface.
- Payment Methods: Supports bank transfers, credit/debit cards, and cryptocurrencies like BTC and ETH.
- Why Choose Kraken: Offers competitive fees and high trading volume for XCN.
Coinbase
- Features: One of the most trusted exchanges, ideal for beginners.
- Payment Methods: Accepts bank transfers, debit cards, and PayPal (US only).
- Why Choose Coinbase: Provides a simple buying process and reliable customer support.
Gate.io
- Features: Lists a wide range of altcoins, including XCN.
- Payment Methods: Supports bank transfers, credit/debit cards, and cryptocurrencies.
- Why Choose Gate.io: Offers detailed market data and price predictions.
Other exchanges where you can buy XCN include:
- Revolut: Allows purchases starting at $1 with a mobile app.
- CoinSpot: Popular in Australia with instant delivery.
- Changelly: Offers fast transactions with minimal KYC for some purchases.
- MEXC: Known for low tradingfees.
- Bit2Me: Supports purchases with credit cards and bank transfers.
Always check the exchange’s reputation and security features before trading. You can visit Kraken, Coinbase, or Gate.io for more details.
How Much Should You Invest in Crypto Each Month?
How to Buy XCN on Kraken
Here’s a step-by-step guide to buying XCN on Kraken, one of the leading exchanges:
- Sign Up: Create an account on Kraken with your email and a secure password. Complete the verification process, which may require identity documents.
- Deposit Funds: Add funds to your account using bank transfers, credit/debit cards, or cryptocurrencies like BTC or ETH.
- Find XCN: Go to the trading section and search for XCN. You can trade it against USD, USDT, or other cryptocurrencies.
- Place an Order: Choose a market order (buy at current price) or a limit order (buy at a specific price). Enter the amount of XCN you want to buy.
- Secure Your XCN: After purchasing, transfer your XCN to a secure wallet like Ledger or Trust Wallet for safekeeping.
Payment Methods for Buying XCN
Exchanges offer various payment methods for purchasing XCN:
- Bank Transfers: ACH or wire transfers are widely accepted (e.g., Kraken, Coinbase).
- Credit/Debit Cards: Visa and MasterCard are supported on platforms like Kraken and Bit2Me.
- Cryptocurrencies: Trade BTC, ETH, or USDT for XCN on most exchanges.
- PayPal: Available on Coinbase for US users (excludes Hawaii).
- Gift Cards: Some platforms like Coinbase allow gift card purchases (check terms).
Check each exchange’s terms for restrictions or additional fees. For example, credit card purchases may have higher fees than bank transfers.
Fees Associated with Buying XCN
Fees depend on the exchange and payment method:
- Trading Fees: Typically 0.1% to 0.5% per trade (e.g., MEXC offers low fees).
- Deposit Fees: May apply for credit cards or certain bank transfers.
- Withdrawal Fees: Charged when transferring XCN to an external wallet (varies by exchange).
Review the fee structure on the exchange’s website before trading. For instance, Kraken provides a detailed fee breakdown.
Current Market Data for XCN
As of August 6, 2025, XCN’s market data includes:
- Price: ~$0.014 (subject to change).
- 24-Hour Trading Volume: $15.43 million.
- Market Cap: ~$498 million.
- Circulating Supply: 34.26 billion XCN (71% of total supply: 48.4 billion).
- Price Changes:
- 1 Hour: -0.62% (-$0.00008644).
- 24 Hours: -0.38%.
- 7 Days: -7%.
- 30 Days: -0.84%.
- 1 Year: +1081.62%.
- All-Time High: $0.1841 (May 27, 2022).
- All-Time Low: $0.0007055 (October 12, 2023).
| Time Period | Price Change | % Change |
|---|---|---|
| 1 Hour | -$0.00008644 | -0.62% |
| 24 Hours | -$0.000055 | -0.38% |
| 7 Days | -$0.00105 | -7.00% |
| 30 Days | -$0.0001173 | -0.84% |
| 1 Year | +$0.01268 | +1081.62% |
Source: CoinMarketCap, Gate.io.
Is XCN a Good Investment?
XCN’s significant growth (+1081.62% in the past year) suggests strong market interest, driven by protocol upgrades like Onyx V2 (set for February 2025). However, cryptocurrencies are highly volatile, and XCN’s price has dropped 92% from its all-time high. Analysts predict an average price of $0.0139 by 2025 and $0.02357 by 2030, indicating potential growth. Given the risks, it’s wise to:
- Research thoroughly using platforms like CoinGecko.
- Consult a financial advisor.
- Consider your risk tolerance before investing.
Ensuring Security When Buying XCN
To protect your investment:
- Choose Reputable Exchanges: Use platforms like Kraken or Coinbase with strong security records.
- Enable Two-Factor Authentication (2FA): Add an extra layer of security to your account.
- Use Secure Wallets: Store XCN in hardware wallets (e.g., Ledger Nano S/X) or software wallets (e.g., Trust Wallet, MetaMask). Learn more about wallets.
- Avoid Phishing Scams: Never share private keys or click suspicious links.
- Check for KYC: Some exchanges (e.g., Changelly) offer minimal KYC for small transactions, but verify compliance with local regulations.
Frequently Asked Questions
- Can I buy XCN with a credit card?
Yes, exchanges like Kraken, Coinbase, and Bit2Me support credit/debit card purchases, though fees may be higher than bank transfers. - What is the best wallet for storing XCN?
Hardware wallets like Ledger Nano S/X or software wallets like Trust Wallet and MetaMask are secure options for storing XCN. - Is XCN available on decentralized exchanges (DEXs)?
Yes, XCN can be traded on some DEXs, but liquidity may be lower compared to centralized exchanges like Coinbase. - How do I check the current price of XCN?
Visit CoinMarketCap, CoinGecko, or exchange websites like Gate.io for real-time prices. - Is XCN a good investment?
XCN has shown significant growth, but its volatility requires careful consideration. Research and professional advice are recommended.
Conclusion
Buying XCN crypto is straightforward with the right knowledge. Trusted exchanges like Kraken, Coinbase, and Gate.io offer secure and user-friendly platforms to purchase XCN. By following the steps outlined, choosing appropriate payment methods, and securing your assets, you can invest in XCN confidently. Stay informed about market trends and prioritize security to make the most of your cryptocurrency journey.
