Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.
XDC Network (XDC) is the 155th largest cryptocurrency by market cap, valued at US$557,172,361.
XDC Network is a highly volatile asset capable of major price swings in a single day. Today XDC is trading for $0.04011083 USD, which is lower than yesterday's trading price of $0.0412984963 USD. Over the past year, XDC Network's price has seen a decrease of -2%.
So before you buy XDC Network, make sure you understand these unique risks as well as its legal and tax status here in Canada.
If you're ready to get started, read on for step-by-step instructions on how you can buy XDC Network.
How to buy XDC Network in 5 steps
The whole process can take as little as 15 minutes and all you'll need is a smartphone or computer, an internet connection, photo identification and a means of payment.
- Compare crypto exchangesThe easiest way to buy XDC Network is from a cryptocurrency exchange. Comparing in the table below lets you find one with the features you want such as low fees, ease of use or 24-hour customer support.
- Create an account To create an account on an exchange, you will need to verify your email address and identity. Have some photo ID and your phone ready.
- Make a depositOnce verified, you can deposit CAD using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
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Buy XDC Network
You can now exchange your funds for XDC Network. On beginner-friendly exchanges, this is as simple as entering the CAD or XDC amount you want to purchase and clicking "buy".
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Secure your XDC Network
Consider transferring your XDC to a personal crypto wallet to protect against some of the risks of keeping it on an exchange, such as hacks, scams or platform bankruptcy.
Where to buy XDC Network in Canada
Find an exchange to buy, sell and trade XDC by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.
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How do I find the best places to buy XDC Network?
Cryptocurrency exchanges offer similar services, but differ in a few key ways – mainly fees, the range of cryptos available and payment methods. You can use our table to compare the features of popular cryptocurrency exchanges available in Canada to help you choose the one that's right for you.
Some other factors you may want to consider are customer support, user reviews, ease of use and whether or not the exchange is registered with a local regulator. This information can be found by clicking on the exchange name in the table which will take you to its review page.
What will I need to buy XDC Network?
To create an account on any cryptocurrency exchange you will need an email address. Some exchanges may also ask for a phone number and photo ID, so it's a good idea to have those ready.
An increasing number of cryptocurrency exchanges will ask to verify your identity before you can deposit funds and start trading XDC Network.
- This process is known as Know Your Customer (KYC) and usually requires photo ID and a webcam or smartphone. You may also need to prove your address by uploading a copy of a recent bank statement or utility bill.
- Some exchanges allow you to deposit and trade cryptocurrencies without passing KYC, but they will not allow you to transfer local currency from your bank account. So if you are planning on purchasing XDC with your local currency then you will need to pass KYC.
- Once you have verified your identity, it is a good idea to enable 2-factor authentication (2FA) before depositing any funds. This will increase the security of your account and help keep your funds safe.
What are the best ways to buy XDC Network?
Once you've created an account, you will need to deposit funds to buy XDC with. You can either deposit local currency from a bank account or credit card, or transfer cryptocurrency from another exchange or wallet. Here are some popular ways to buy XDC:
- Bank account: Transfers from local bank accounts are usually free, but you will need to double-check this with the exchange you choose – this information can be found in our table by clicking on 'view details'.
- Credit or debit card: Linking a card to your account is another convenient way to top up your account, but be aware that it usually attracts an additional fee. An advantage, though, is that you can use a card to make instant purchases or set up a recurring purchase.
- Cryptocurrency: You can usually purchase XDC by trading it for another cryptocurrency like Bitcoin or a stablecoin. This varies between exchanges though, so you will need to search for XDC on the spot market to see what cryptocurrencies it can be traded for.
What is the easiest way to buy XDC Network?
The easiest way to buy XDC is by placing an 'instant buy' order to purchase it for a fixed price but not all crypto exchanges offer this feature.
Alternatively, you can open a trade on the spot market which allows you to set your own price – this is the most common way to purchase cryptocurrency. Using the instant buy feature is straightforward but typically more expensive than using the spot market.
Before buying XDC, you may want to check the market conditions. To help you decide if now is the right time to buy, you can take a look at our all-time high tool to get an idea of how the price of XDC Network has been performing recently.
Best XDC Network wallets to store your XDC
You can keep your XDC on the exchange you purchased it on, or move it to a personal wallet:
- Some people like to use their own wallets to guarantee total ownership over their assets, or to use them with other applications like DeFi services.
- Hardware wallets are typically considered to be the safest type of cryptocurrency wallet, as they use a physical device to enhance security in a number of ways. You can take a look at some of our top hardware wallet picks for self-custody of your XDC below.
Ledger Nano X Wallet |
Trezor Model T Wallet |
SafePal S1 Wallet |
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Supported assets 5,500+ |
Supported assets 9,000+ |
Supported assets 30,000+ |
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Price (USD) $149 |
Price (USD) $179 |
Price (USD) $49.99 |
See more of the best crypto wallets
Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific
provider, service or offering. It is not a recommendation to trade.
Is XDC Network a good investment?
Before purchasing eXchange inFinite's XDC token, here are a few things worth evaluating:- dApp integration. As a cryptocurrency that intends to bridge gaps in international trade, support and development of new decentralised applications will be vital to its success. There are currently a few real-world use cases for XDC tokens including cloud storage on StorX and booking holidays on XcelTrip.They can also be used for purchasing everyday items via eBay, Amazon and Walmart in certain regions.
- Competition. Many cryptocurrency networks intend to disrupt the current landscape and offer solutions to popular issues. While technology at eXchange inFinite may be superior, competition is fierce from platforms that have a much larger public image. XinFin needs to prove that it can compete against behemoths like Ethereum and Ripple, which also have an eye on fast international transactions.
- Hybrid blockchain. XinFin's blockchain technology is unique. It is a hybrid of public and private blockchain protocols. Each block is still immutable and verified publically, but the confidential data within individual smart contracts remains private, unlike Ethereum.
Today's XDC Network price versus ATH
Compare today's price of XDC Network ($0.04011083 USD) against its all-time-high price of $0.192754 USD on 21 August 2021. The closer the bar is to 100%, the closer XDC is to reaching its ATH again.
XDC Network's price: $0.04011083
ATH date: August 21, 2021
ATH date: August 21, 2021
20.81%
XDC Network ATH: $0.192754
How to trade, convert or sell XDC Network
You can convert or sell your XDC with the same exchange you bought it through:- Sign in to the exchange you have XDC on.
- If you store your XDC Network in a digital wallet, compare crypto exchanges to convert or sell it on.
- Choose Sell or Convert and place a sell order.
- Choose the amount of XDC you'd like to convert or sell.
- Confirm the sell price and fees and close your sale of XDC Network.
- Complete your transaction and move your XDC to a wallet for storage.
Disclaimer: Cryptocurrencies, including XDC Network, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of XDC is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the XDC Network or any other cryptocurrency discussed.
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