XDC Network Price, News and Analysis (XDC)

XinFin Network (XDC) Frequently Asked Questions

What is XinFin Network?

XinFin is an enterprise-ready hybrid Blockchain technology company optimized for international trade and finance. The XinFin network is powered by the native coin called XDC. The XDC protocol is architected to support smart contracts, 2000TPS, 2seconds transaction time, KYC to Masternodes (Validator Nodes). The XDC Chain (XinFin Digital Contract) uses XinFin Delegated Proof of Stake (XDPoS), with the intending to create a ‘highly-scalable, secure, permission, and commercial grade’ blockchain network. XinFin mainnet token XDC and also creates an opportunity to utilize the XinFin’s real-world use-cases such as TradeFinex.org, helps small and medium businesses or institutions originate their own financial requirements in a digital, fully structured manner so that they can distribute it to the bank or non-bank funders themselves using a common distribution standard. Xinfin Network ticker has changed from XDCE to XDC. (Description provided by CryptoCompare)

How do I buy XinFin Network?

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 XinFin Network.

Where can I get XinFin Network wallet?

XinFin Network produces its own wallet software that is available for download on its website, which allows you to store XinFin Network 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 XinFin Network?

One XinFin Network (XDC) is currently worth $0.13 on major cryptocurrency exchanges. You can also exchange one XinFin Network for 0.00000284 bitcoin(s) on major exchanges. The value (or market capitalization) of all available XinFin Network in U.S. dollars is $1.65 billion.

What hashing algorithm does XinFin Network use?

XinFin Network is a proof of stake (PoS) coin that uses the SHA256 algorithm.

How do I mine XinFin Network?

XinFin Network and other SHA256 coins can typically only be mined profitably with a piece of specialized mining hardware called an ASIC, which stands for application-specific integrated circuit. Major manufacturers of ASICs include BitMain (AntMiner), Microbt (Whatsminer), and Canaan (AvalonMiner). ASIC hardware can be purchased directly from the manufacturer or from resellers on Amazon and eBay.

What coins are similar to XinFin Network?

The following coins use the same hashing algorithm (SHA256) as XinFin Network: RSK Smart Bitcoin, Fusion, Measurable Data Token, Safe Haven, Litecoin Cash, Bean Cash, Bitcoin Atom, Sakura Bloom, TigerCash, Manna, Alt.Estate token, Qbao, BitCoen, EDRCoin and High Voltage.

What is the Reddit page for XinFin Network?

The official Reddit community (subreddit) for XinFin Network is r/xinfin/.