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How to buy QANplatform (QANX) in Canada

Learn how to buy QANplatform (QANX) in our step-by-step guide.

Where to buy QANplatform in Canada

It looks like QANX may not be available to purchase on an exchange in Canada.

You can still purchase QANX by using a decentralised exchange (DEX) instead. Decentralised exchanges are web applications that run on blockchains like Ethereum and allow users to trade any asset directly with one another.

Decentralised exchanges (DEX) are unregulated and run using autonomous pieces of code known as smart contracts. To use a DEX you must interact with the blockchain directly, which is not recommended for novice users. Please learn about decentralised exchanges first if you're unfamiliar.

How to purchase QANX using a decentralised exchange.
  1. Find QANX on a decentralised exchange and make sure QANplatform can be traded for ETH which is the native asset of Ethereum. Popular DEXs include Uniswap, SushiSwap and 1INCH.
  2. Buy ETH to trade for QANX using an exchange like Ndax. You will need to purchase enough ETH to swap for QANX as well as ETH to pay for transaction fees on the Ethereum network (known as gas). You can use a service like Etherscan to get an idea of how much gas fees currently cost.
  3. Transfer the ETH into a web 3.0 wallet like MetaMask to connect to the DEX.
  4. Trade ETH for QANX on the DEX of your choice, following the instructions on screen. Make sure to leave enough ETH in your wallet to pay for gas.
  5. Wait for the transaction to finalise and the QANX tokens will arrive in your wallet.
  6. You may now keep the tokens in your web 3.0 wallet or transfer them somewhere more secure like a hardware wallet.

You can follow the same process when you want to sell your tokens, or come back to this page to see if they can now be traded on an exchange in Canada.

Best QANplatform wallets to store your QANX

You can keep your QANX 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 QANX below.

Ledger Nano X Wallet

Trezor Model T Wallet

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Supported assets

5,500+

Supported assets

1,317+

Price (USD)

$149

Price (USD)

$186

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 QANplatform a good investment?

Altcoin investments can be extremely risky. That is why it is crucial to evaluate both the token and the associated platform. Here are a few factors to consider before investing in QANX:

  • Unique selling point:The QAN blockchain offers a unique selling point in comparison to competing layer-1 blockchains. Alongside increased speed and scalability, QAN is tackling a problem that does not yet exist within the blockchain industry. The success of the project and, therefore, the QANX coin, will likely rest with how big the threat from quantum computing becomes in the future.
  • Tokenomics: The total supply of QANX coins was capped at 3.3 billion. 10% were allocated for team members. 10% were allocated to advisors. 24.4% were allocated to the protocol’s reserves. 15.62% were allocated for marketing purposes. 3.6% had been allocated to previous rounds of sales. Approximately 8% were allocated to a private sale held in 2021. A further 1% were allocated for the public sale held in 2021. The remaining 10% were kept for staking rewards. QANX coins held by the QAN team were locked for at least 6 months from coin launch. Over the following 6-12 months coins will be released gradually. li>
  • Staking: QANX can be staked to help support the QAN blockchain. However, there are designated staking pools that need to be open. These pools currently exist on both the Ethereum and Binance Smart Chain blockchains. Users will need to watch for QAN updates to see when the next staking round begins.

      • Today's QANplatform price versus ATH

      Compare today's price of QANplatform ($0.007759 USD) against its all-time-high price of $0.203412 USD on 27 November 2021. The closer the bar is to 100%, the closer QANX is to reaching its ATH again.

      QANplatform's price: $0.007759
      ATH date: November 27, 2021
      3.81%

      QANplatform ATH: $0.203412


      How to trade, convert or sell QANplatform

      You can convert or sell your QANX with the same exchange you bought it through:
  1. Sign in to the exchange you have QANX on.
  2. If you store your QANplatform in a digital wallet, compare crypto exchanges to convert or sell it on.
  3. Choose Sell or Convert and place a sell order.
  4. Choose the amount of QANX you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of QANplatform.
  6. Complete your transaction and move your QANX to a wallet for storage.
  1. Data by CoinGecko

Disclaimer: Cryptocurrencies, including QANplatform, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of QANX 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 QANplatform or any other cryptocurrency discussed.

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