Oxygen Price, News and Analysis (OXY)

Oxygen (OXY) Frequently Asked Questions

What is Oxygen?

Oxycoin is a blockchain-based mobile platform with its own native token. The platform features a built in exchange (with fiat), wallet and password management tools, an address book, and a central media hub. Following the launch, Oxycoin will create an Enhanced DAPP SDK, allowing “non-blockchain developers” to build decentralized applications (DAPPs) using JavaScript. The Oxycoin token allows users to vote on platform decisions. (Description provided by CryptoCompare)

How do I buy Oxygen?

It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase or BlockFi. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Oxygen.

Where can I get Oxygen wallet?

Oxygen produces its own wallet software that is available for download on its website, which allows you to store Oxygen on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits.

What is the value of Oxygen?

One Oxygen (OXY) is currently worth $2.07 on major cryptocurrency exchanges. You can also exchange one Oxygen for 0.00004674 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Oxygen in U.S. dollars is $118.89 million.

What hashing algorithm does Oxygen use?

Oxygen is a delegated proof of stake (DPoS) coin that uses the DPoS algorithm.

How do I mine Oxygen?

Oxygen is a proof-of-stake (PoS) currency, which means that blocks on the Oxygen blockchain are not mined using hashing algorithms like Bitcoin. Rather, coins are earned by "staking" existing coins on the network or by running a master node.

What coins are similar to Oxygen?

The following coins use Oxygen's DPoS algorithm and delegated proof of stake (DPoS) proof-type: EOS, Ark, Lamden, Credits, ADAMANT Messenger, SelfSell, Oxycoin, BitWhite, Theoscoin, Theoscoin, The Hash Speed, ALAX and Acet.