How to buy XCAD Network (XCAD) in the UK

Learn how to buy XCAD Network (XCAD) in our step-by-step guide.

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Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

XCAD Network (XCAD) is the 502nd largest cryptocurrency by market cap, valued at US$34,301,466.

XCAD Network is a highly volatile asset capable of major price swings in a single day. Today XCAD is trading for $0.805189 USD, which is higher than yesterday's trading price of $0.7778290949 USD. Over the past year, XCAD Network's price has seen a decrease of -83%.

So before you buy XCAD Network, make sure you understand these unique risks as well as its legal and tax status here in the UK.

If you're ready to get started, read on for step-by-step instructions on how you can buy XCAD Network.

How to buy XCAD Network in 4 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.

  1. Compare crypto exchanges
    The easiest way to buy XCAD 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.
  2. 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.
  3. Make a deposit
    Once verified, you can deposit GBP using the payment method that best suits you – cryptocurrency, bank and card payments are widely accepted.
  4. Buy XCAD Network
    You can now exchange your funds for XCAD Network. On easier-to-use exchanges, this is as simple as entering the amount you want to purchase and clicking buy. If you like, you can now withdraw your XCAD Network to your personal wallet.
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Where to buy XCAD Network in the UK

Find an exchange to buy, sell and trade XCAD by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the exchange.

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.
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How we keep this XCAD Network guide up-to-date

  • XCAD price data is regularly updated through data feeds so you always have the latest information.
  • XCAD Network performance data is regularly updated using automated comparisons and AI systems built by our technical experts Zak Killermann and Helen Hu.

How do I find the best places to buy XCAD 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 the UK 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 XCAD 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 XCAD 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 XCAD 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 is the easiest way to buy XCAD Network?

The easiest way to buy XCAD 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 XCAD, 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 XCAD Network has been performing recently.

Best XCAD Network wallets to store your XCAD

You can keep your XCAD 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 XCAD 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

Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply*.

Is XCAD Network a good investment?

Every altcoin investment should be thoroughly researched. Both the token and the associated platform or project should be evaluated to look for the upside potential and downside risk. Here are a few factors to consider before investing in XCAD:

  • Ambitious project: The ambition of XCAD is to combine the social media capabilities of YouTube with the advantages that blockchain offers. Content creation is becoming a larger part of modern-day life, which means a blockchain project targeting the space likely has a good amount of room to grow. However, the protocol is still very young. It was only released during the summer of 2021. Growth of XCAD will be determined by how well the team behind the project can execute plans moving forward.
  • Burning mechanism: All trading fees collected from the XCAD decentralised exchange and profits from the NFT moment sales are used within an XCAD burning mechanism. The fees and profits are used to buy the XCAD token from the market and then subsequently burn it to remove it from the circulating supply. This places a deflationary characteristic on the XCAD token.
  • Token supply: The maximum supply of XCAD tokens is capped at 200 million. 21% were held for the XCAD network foundation reserve. 20% were designated for liquidity on decentralised exchanges. 20% were secured for ecosystem development. 18% were allocated to initial seed sales. 10% were held for the team of developers and the remaining 8% were held for advisors of the network.
    • Today's XCAD Network price versus ATH

      Compare today's price of XCAD Network ($0.805189 USD) against its all-time-high price of $9.06 USD on 20 January 2022. The closer the bar is to 100%, the closer XCAD is to reaching its ATH again.

      XCAD Network's price: $0.805189
      ATH date: January 20, 2022
      8.89%

      XCAD Network ATH: $9.06


      How to trade, convert or sell XCAD Network

      You can convert or sell your XCAD with the same exchange you bought it through:
  1. Sign in to the exchange you have XCAD on.
  2. If you store your XCAD Network 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 XCAD you'd like to convert or sell.
  5. Confirm the sell price and fees and close your sale of XCAD Network.
  6. Complete your transaction and move your XCAD to a wallet for storage.

* Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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