Perps found true PMF, DEXs continued to launch new primitives, and stablecoins continued to excel. The price of XinFin in the ICO was $ 0.001 and the token sale ended on Mar 15, 2018. Since then, XDCE price increased 72.97x against US Dollar, increased 18.53x against Ethereum and increased 13.69x against Bitcoin. XinFin’s current circulating supply is 13.85B XDCE out of max supply of 37.71B XDCE.
XinFin has also allocated a total of 6.66% of tokens to be used in case of any unexpected circumstance. The total XDC tokens allocated for any form of contingency sits at 2,500,000,000. All the tokens are currently locked and will not be brought into circulation unless there is an emergency.
The total supply of XDC tokens is capped at 37,500,000,000 while the total number of tokens currently in circulation is 12,183,933,483, as on May 29, 2020. The XDC Network sets a benchmark for digitizing trade finance by enabling the tokenization of diverse trade finance instruments and assets. XDC Wallet will never manage accounts with sensitive information such as passwords, private keys, or email addresses. In order to ensure the security and privacy of your information, please ensure that no sensitive information is ever saved, stored, or transmitted while using XDC Wallet. Please note that we only have access to the information that is publicly available on the blockchain and we will never hold your assets. Remove XDCe trading data from Coinmarketcap and other listing sites for exchanges that have been trading XDCe such as Bancor, UNISWAP, Idex, etc.
XinFin Performance
In August 2022, inflation and recession fear continue to hurt, as stock market looses over trillion worth market cap within few weeks. XDC has strong hold market cap volume but daily trading volume, when we compare to other crypto ranging between 90 to 100. Hence, the network will burn 5 billion XDCE tokens taking the total supply of XDCE from 15 billion to 10 billion tokens. The community also plans to further reduce the supply of the XDCE tokens in the near future.
- 2021 was a massive year for network activity, so naturally protocol innovation and growth followed suit.
- Apply our editorial review process to rank the remaining exchanges.
- Ultimately, doing your own research in crypto is the best way to learn the processes of moving your money, finding promising investment opportunities, and buying and selling cryptocurrencies.
- XDC has strong hold market cap volume but daily trading volume, when we compare to other crypto ranging between 90 to 100.
XDC is known to absorb such sort of liquidity and hence distribute it via the originators that somehow connect to the TradeFinex on the network of XDC. The main investors behind XinFin Foundation are https://cryptolisting.org/blog/how-to-mine-bitcoin-on-my-laptop-computer the ones who belong to the powerful crypto community. They have Alan Lai who is a blockchain engineer at UC Berkley and Ankit Patel who is serving as the director and is also the in-charge of R&D.
Burning XDCE Tokens
Enable regulatory compliant OTC trades for bulk deals via integrations with other exchanges like Bitfinex and other US-supported exchanges and upcoming tier 1 exchanges. Alphaex will discontinue the trading of retail users on their exchange. There have been 400+ swaps processed in 2 days since restarting Alphaex. The priority was accounts with swap limit caps and those who had XDCe before the hack. In other words, 17.52M have changed hands within the past 24 hours through trading. 2021 was a massive year for network activity, so naturally protocol innovation and growth followed suit.
Total XDC Tokens in Circulation
Xinfin Network Crypto has been powered by the XDC01 protocol on the Hybrid Blockchain architecture for eliminating any sort of inefficiencies in the global trade. It is enabling the institutions to provide a real-time settlement and yet enabling the cross-border smart contracts. XDCE is obtained 2k+ transaction per second with lowest transaction fees starting from $0.0001 USD and approval time is 2 second. For Banking tool network compatible with ISO 20022, the ERP and SWIFT system help to obtained higher interoperability with hybrid blockchain. XDC is on the verge to recovery, as token price went up from $0.025 to $0.035 USD.
XinFin Remix is a web browser-based integrated development environment that allows the user to write Solidity smart…
Recently XDCE is established partnership with Copper.on for institutional custody solution, so from no XDC mainnet is live on copper platform. After this in April 2020 they become partner with AiX i.e. a leading AI trading platform and also in same year they also become partner with Black Tier Blockchain. The network has strategic partner including W3BT, R3 Corda, SotaTek, TheCurrency Analytics, TradeFinex and Ramco. As Tfuel Coin was one who showing same growth rate since last one month, so we are seeing competition for who will have highest growth rate. Xinfin Blockchain was launched in 2017 by Singapore based finance company who basically provide solution for tradefinex, Business efficiency, Remittance, E-wallet and Private network and more.
Your funds are stored on the XDPoS blockchain itself, and we are simply an interface that allows you to easily interact with them. Passwords and private keys are in the users’ hands and are the users’ sole responsibility. Other Assets like BTC, ETH, XRP withdrawals are also available for KYC’d users who have funds on the exchange. These users are free to withdraw 100% of their assets in their wallets without any limit. We have requested that the Alphaex team process genuine swaps for pending users as soon as possible. XDC Network (XDCE) currently ranks 97 among all known cryptocurrency assets.
The XinFin Hybrid blockchain network has shown tremendous growth since its launch in 2019. In the last 18 months, the XinFin Network Mainnet has added 19,411,041 blocks and added more than 120 Masternodes and Backup Nodes to support the smooth functioning of the network. A high-leverage, low-fee crypto exchange noted for its speed and user support, yet challenged by a steep learning curve and does not allow U.S. traders. In this article, we will explain the token distribution of XDC and why it is in the best interest of our community and users alike. Only users themselves can access and control their funds — this is the purpose of decentralized networks.
After you receive your XDC, make sure to secure it and follow best security practices to avoid losing it scams or hacks. Apply our editorial review process to rank the remaining exchanges. We start by evaluating our comprehensive list of 346 exchanges that we have spent 7+ years and 600+ hours gathering data on.
The Next Steps for XDCe
As the demand for XinFin Network grows and we onboard more community members, the usage of the XDC — the native coin of XinFin Network — is also seeing high demand and usage. We give each exchange a trust review rating using history, longevity, proof of reserves, and reputation. Discover a low cost, fast and reliable blockchain built for everyone — a network of possibilities.
He is an early investor with great expertise in Ecosystem Development. Users can also download a mobile wallet or extension wallet (XinPay) and log in with the ERC-20 keys and recover their XDC tokens. Users must, however, note that the swap between XDCE and XDC will be available only on Alphaex.net Exchange so that they may enjoy the utilities of the Ethereum network as well.