How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase XDC on BYDFi. We'll guide you through it
Choose how to purchase XDC on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (XDC). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store XDC in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your XDC to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy XDC on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive XDC
Trade
Answers
Is XinFin Network (XDC) a Good Investment?
XinFin Network (XDC) could be an exciting crypto to include in your investment portfolio as the project has solid potential for growth. As a hybrid blockchain that supports interoperability, the XDC Network is very versatile and could have several applications in Web3 and the mainstream among enterprises.
The blockchain can support dApps across several categories, including enterprise dApps. In addition, the interoperability feature allows XDC Network to interface with legacy systems and other blockchain networks, making it a convenient way for mainstream applications, especially in the finance industry, to evolve into decentralized applications.
The XinFin Network price could register an uptrend on the back of the rising adoption of its ecosystem among dApp developers and users. In addition, the announcement of new partnerships with mainstream businesses or the introduction of new use cases beyond global trade and fintech could also trigger higher buying interest and boost the XDC price statistics.
Finally, the XDC price and market capitalization could also trend higher when the mood in the overall crypto market turns strongly bullish. Higher investor confidence encourages more buying activity and could increase the XinFin Network price.
What is XDC Token Used For?
The XinFin Network mainnet token XDC has several applications. The following are some of its use cases.
Transaction Fees
XDC is used for paying transaction fees or gas fees within the XDC Network ecosystem. Users can pay gas fees when transferring payments using the blockchain, executing smart contracts, or interacting with dApps running on the XinFin Network.
Staking
XDC token holders can stake their cryptocurrency on the network to participate as network validators. After staking XDC, they become eligible to verify transactions, contribute to block production, and even help secure the blockchain.
Crypto Asset to Trade and HODL
The XDC token is an attractive cryptocurrency to trade or hold in your portfolio. If you believe in the project's future potential, you can buy or sell XinFin Network against other digital assets or hold it long-term. Check the live XDC Network price, current market cap, circulating supply, and 24-hour trading volume, and analyze the XDC Network price chart before you trade XDC.
How Can XinFin Network Help the Banking System?
Due to its hybrid design, the XDC Protocol can connect to legacy systems and other blockchains. As a result, it is a great way to upgrade core banking systems that use legacy technologies and make them more scalable and efficient without compromising security.
Blockchain technology holds the most promise in fintech applications, as evident from the stellar success of cryptocurrencies and decentralized finance (DeFi). XinFin Network offers a secure, low-cost, energy-efficient, and convenient way for banking systems to experiment with and adopt distributed ledger technology without security concerns.
The XDC blockchain can support tokenized and non-tokenized solutions that can improve business processes in legacy banking systems. Its technology can be used to make these processes far more transparent, offer near-instant settlement, no single point of failure, and meager transaction costs.
How to Create Stablecoin Using XinFin Protocol
Can I Make Money From XinFin Network (XDC)?
There are many ways to grow your crypto portfolio by investing in XinFin's XDC token. Here are some of the most popular options to earn from XDC:
Trade XDC Against Other Crypto Assets
Trade XinFin Network in the market through buying or selling XDC actions based on the XDC price action. Check the real-time XinFin Network price, market cap, circulating supply, 24h volume, and the latest crypto news before you trade XDC.
Stake XDC
You can stake the XDC token on the XinFin Network to participate as a validator and contribute to securing the network. In exchange for your efforts in block production, you can receive rewards in XDC and grow your crypto holdings.
HODL XDC
You can also invest in the XDC Protocols native token if you believe in the future potential of the XinFin Network project. As the adoption of its technology picks up in the future, the value of XDC could also increase, earning you significant profits and helping you grow your portfolio.
