XT Coin and XT Smart Chain bring new possibilities to the cryptocurrency world.
The cryptocurrency world is filled with both opportunities and challenges. High-value digital assets make trading platforms attractive targets for hackers. Newcomers, due to their lack of experience, are more likely to become targets for hackers. Once a platform encounters a security incident, it can lead to economic losses and trigger panic among users, resulting in a collapse of the platform's reputation and ultimately affecting its long-term development. According to industry data, security incidents on cryptocurrency trading platforms are frequent, causing significant losses to users.
To address this severe challenge, XT.COM has independently developed the more secure XT Smart Chain (XSC) and XT Coin. The XT Smart Chain employs a highly secure consensus mechanism and smart contract auditing, while XT Coin supports security measures such as multi-signature and cold wallets, lowering the operational threshold for users and allowing newcomers to easily enjoy the conveniences brought by crypto assets. XT.COM's innovative efforts provide users with a safer and more reliable trading environment.
Table of Contents
Performance and market price of XT Coin
Important events of XT Coin and XT Smart Chain
Future and development of XT Coin and XT Smart Chain
Image source: Freepik
What is XT Smart Chain?
XT Smart Chain (XSC) is a public chain infrastructure project dedicated to providing high-performance, low-cost blockchain services. Through innovative Layer 2 technology, it achieves a transaction processing capacity of over 3,000 transactions per second and a confirmation time of under 3 seconds, while maintaining full EVM compatibility. The platform is experiencing strong growth, with a locked value exceeding $48 million and a complete ecosystem of over 10 core DApps, covering on-chain services, NFTs, and cross-chain solutions. Developers can easily build various types of decentralized applications (DApps) on XT Smart Chain, including supply chain management, gaming, and more.
The application scenarios of XT Smart Chain are very broad. In digital asset trading, the deep integration of XT Smart Chain with the XT.COM exchange provides users with a secure and efficient digital asset trading experience. Additionally, XT Smart Chain has extensive application prospects in supply chain management, gaming, and other fields. By adopting advanced technology, XT Smart Chain offers users and developers a secure, reliable, and efficient blockchain infrastructure.
How does XT Smart Chain work?
XT Smart Chain (XSC) utilizes advanced blockchain technology to provide users with a smooth and efficient experience. Here’s a breakdown of how XT Smart Chain operates:
High-performance consensus mechanism:
XT Smart Chain employs a powerful consensus mechanism to ensure the security and reliability of the network. This mechanism enables fast transaction processing and prevents malicious attacks.
Smart contracts:
Developers can create and deploy smart contracts on XT Smart Chain. These self-executing contracts can automatically carry out various processes, reducing reliance on intermediaries and increasing transparency.
Cross-chain interoperability:
XT Smart Chain (XSC) supports the transfer of assets and data between different blockchains, facilitating seamless collaboration and innovation.
User-friendly interface:
The platform provides a user-friendly interface, allowing users to easily interact with decentralized applications (dApps) and manage their digital assets.
Image source: XT.COM
What is XT Coin?
XT Coin is the native digital asset of the XT.COM trading platform. It features high security, high transparency, high trading efficiency, and strong interoperability. By using XT Coin, users can enjoy trading fee discounts, participate in platform governance, receive airdrop benefits, and contribute to the overall ecosystem of the platform.
Advantages of XT Coin
As an indispensable part of the XT.COM ecosystem, XT Coin brings various benefits to platform users:
Reduced trading fees: By using XT Coin to pay trading fees, users can save a significant amount of costs.
Community governance rights: XT Coin holders can participate in platform governance, voting on the development direction of XT.COM and having a say.
Exclusive rewards and benefits: Holders have the opportunity to enjoy airdrops, discounts, VIP services, and other benefits.
Potential appreciation space: As the XT.COM exchange continues to grow, the demand for XT Coin may increase, leading to potential appreciation in value.
Exclusive benefits of XT Coin
As a "native" of XT.COM, XT Coin offers various exclusive benefits for long-term holders, allowing users to maximize their benefits while ensuring that their digital assets appreciate steadily within the XT.COM ecosystem. XT Coin can be used in the following scenarios on XT.COM:
Trading and investment: XT Coin can be traded for other cryptocurrencies on the XT.COM exchange.
Staking and mining: Users can earn rewards by staking XT Coin while contributing to network security.
Paying service fees: XT Coin can be used to pay fees and services on the XT.COM platform.
Unlocking exclusive features: XT Coin holders may gain access to exclusive features and benefits, such as VIP customer support or priority trading rights.
Image source: Freepik
How secure is XT Coin?
The XT Coin employs a robust consensus mechanism to ensure the security and reliability of the network. This mechanism enables fast transaction processing and prevents malicious attacks, making the network highly secure and difficult to compromise. Compared to other blockchains that may lack a solid security foundation, XT Coin offers higher security.
Performance and market price of XT Coin
The performance and market price of XT Coin are influenced by various factors, including the overall cryptocurrency market. Here’s a summary of its price history and the main factors affecting its valuation:
Historical high and low prices
Historical high: XT Coin reached a peak price of $7.09 on December 5, 2024.
Historical low: In the early stages (January 24, 2022), XT Coin's historical low price was $1.60.
Current price and market statistics (as of December 12, 2024)
Current price – $5.6939
24-hour trading volume – $33,249,469
Circulating supply – 6,045,803
Market cap – $37,019,363
You can check XT.COM for the most accurate and up-to-date information on XT Coin's performance and market price.
Important events of XT Coin and XT Smart Chain
The development of XT Coin and XT Smart Chain (XSC) has undergone several key events that have shaped their trajectory in the cryptocurrency space. Here are some important milestones:
- Token Launch and Community Engagement (2018):
XT Token was launched with a limited supply of 100 million, creating a fair and transparent atmosphere.
- Evolution into XT Smart Chain:
Recognizing the need for scalable and efficient blockchain solutions, XT.com developed XT Smart Chain. This high-performance platform offers faster transaction speeds, lower fees, and enhanced security, eliminating transaction taxes and making it a strong competitor in the blockchain industry.
- Listing on Exchanges to Expand Market Reach:
XT Coin has been listed on major cryptocurrency exchanges, making it easier for a broader range of investors and traders to adopt it. This has led to an increase in trading volume and market capitalization.
These key events have driven the growth and development of XT Coin and XT Smart Chain and solidified their position in the cryptocurrency ecosystem.
Image source: Freepik
The Future and Development of XT Coin and XT Smart Chain
With the global expansion of digital currency exchanges, the growth of various derivatives markets, and the entry of institutional investors, the demand for XT Coin is expected to continue to grow. However, market competition, regulatory changes, and technological risks are challenges that XT faces. If the XT.COM platform can continue to innovate and enhance the value of XT Coin through governance mechanisms, staking mechanisms, and other means, then XT Coin's position in the cryptocurrency market will be further solidified.
FAQs
1. Is XT Coin a good investment?
Whether to invest in XT Coin depends on various factors, such as your risk tolerance, investment goals, and market conditions. It is essential to conduct thorough research and consider consulting a financial advisor before making any investment decisions.
2. How to buy XT Coin through XT.com?
XT Coin can be purchased directly using a debit or credit card on the XT.COM exchange. You can also trade XT Coin with other cryptocurrencies on the XT.COM cryptocurrency exchange. Here are the steps:
- First, create a free XT.COM account:
Register or download the XT.COM app and start the registration process. Please provide your email address, country of residence, and use a strong password to protect your account.
- Choose how you want to purchase XT Coin:
Click on the "Buy Coin" link in the upper left corner of the XT.com website navigation bar.
- Purchase XT Coin:
Use various payment methods to buy XT Coin on XT.COM.
3. What can XT Coin do?
As the native token of the XT.COM trading platform, XT Coin has a wide range of applications. First, XT Coin is the preferred method for paying trading fees on the XT.COM exchange. Users holding XT Coin can also enjoy trading fee discounts offered by the platform, reducing trading costs. Secondly, XT Coin grants holders the right to participate in platform governance.
By holding XT Coin, users can suggest the development direction of the platform and participate in voting to shape the platform's future together. Additionally, XT Coin holders can enjoy exclusive rewards and privileges offered by the platform, such as airdrops, discounts, and more. Besides its internal applications on the XT.COM platform, XT Coin may also be traded against other cryptocurrencies on exchanges, expanding its circulation.
4. What is the value of one XT Coin?
XT.COM provides real-time updates on the price of XT Coin. You can use the XT Coin calculator/converter on this page to get the real-time exchange rate of XT Coin against any fiat currency.
5. What factors can affect the price of XT Coin?
A primary factor is the level of demand from investors. If demand for XT Coin is high, the price will rise, while low demand will lead to a price drop. Another factor is the supply of XT Coin available for trading. If more coins are available, the price is generally lower than when the supply is limited. The overall market conditions for cryptocurrencies and regulatory changes or announcements affecting the entire cryptocurrency industry can also impact the price of XT Coin.
Image source: Freepik
Conclusion
XT Coin and XT Smart Chain bring new possibilities to the cryptocurrency world. In addition to focusing on security, XT Coin and XT Smart Chain have created an active community centered around users. XT Coin not only gives users more control and offers lower transaction fees but also provides various exclusive benefits for long-term holders. The high performance, low cost, and high security of XT Smart Chain offer limitless possibilities for decentralized applications. Whether you are a newcomer or an experienced user, you can find a sense of belonging in the XT community. Join XT.COM now and explore the infinite potential of blockchain with global currency investors and developers.
About XT.COM
Founded in 2018, XT.COM currently has over 8 million registered users, with more than 1 million monthly active users and over 40 million user traffic within its ecosystem. We are a comprehensive trading platform supporting over 800 quality coins and 1,000 trading pairs. The XT.COM cryptocurrency trading platform supports a rich variety of trading options, including spot trading, margin trading, and futures trading. XT.COM also has a secure and reliable NFT trading platform. We are committed to providing users with the safest, most efficient, and most professional digital asset investment services.
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