Onyxcoin (XCN) powers the Onyx Protocol, a decentralised blockchain platform built to transform financial services with secure, efficient technology. As the native token, XCN plays a vital role in maintaining the network’s operations and giving users real control over how it evolves. Onyx Protocol isn’t just another blockchain; it’s designed with advanced governance systems and utility layers that make it flexible and user-focused.
XCN acts as both a governance and utility token. Holders can vote on key protocol changes through the Onyx DAO, helping steer future development. Technically, XCN also supports premium services within the ecosystem by covering fees for Onyx Cloud and Sequence.
It enables node deployment, making the network more decentralised and resilient. This article will guide you step by step on how to buy Onyxcoin so you can join this innovative ecosystem and make use of its powerful features.
How To Buy Onyxcoin In 4 Easy Steps
This step-by-step guide walks you through everything you need to know to purchase and store Onyxcoin with ease and confidence.
Step 1: Choose a Crypto Exchange Platform
The first step to buy Onyxcoin is to select a trusted crypto exchange that fits your needs. A good platform should offer strong security protocols, a smooth user interface, and support for your preferred payment method—whether that’s fiat currency or crypto.
When comparing exchanges, look at factors like supported currencies, liquidity, trading fees, and regulatory compliance. Ensure the platform supports payments through fiat options such as bank transfers or cards, or through digital assets like stablecoins. Choosing the right exchange will make the buying process quicker, safer, and more convenient.
Step 2: Register On Any Of The Platforms
After selecting an exchange, set up your account by filling in your personal details, including your email, phone number, and home address. You’ll also need to complete identity verification using a valid government-issued document, such as a driver’s licence or passport.
This KYC (Know Your Customer) process usually completes within a few hours. Once verified, your account becomes fully functional, allowing you to trade and hold Onyxcoin securely.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
With your account now active and verified, you’re ready to make a purchase. Exchanges allow you to buy Onyxcoin using either fiat currencies or stablecoins, depending on what you have available.
Here are the platforms and supported payment options:
Fiat Currencies:
Stablecoins:
Payment methods may include bank transfers, debit or credit cards, or wallet-based transfers depending on the platform you choose. Complete the transaction by following the platform’s instructions and confirm your Onyxcoin purchase.
Step 4: Store the Cryptocurrency in a Wallet
After buying Onyxcoin, transferring it to a private wallet is the best way to protect your assets. Begin by withdrawing your tokens from the exchange and entering your wallet’s public address.
Make sure you’re using a wallet that supports XCN. Trusted options include MyEtherWallet, Defexa Wallet, Now Wallet, Ledger Wallet, and Bit2Me.
Once you’ve entered the transfer amount and approved the transaction, your Onyxcoin will be stored securely, giving you full control and added safety from online threats.
Popular Video Guides on Buying Onyxcoin (XCN)
Where to Buy Onyxcoin (XCN)?
CoinDCX helps Indian users explore crypto with ease through its simple onboarding, INR support, and smooth trading experience. It offers spot, margin, and futures trading, along with options for staking and earning. The mobile app is designed for everyday use, with tools like real-time price alerts and charting. Users benefit from secure storage, two-step verification, and a responsive help centre. CoinDCX also runs a learning platform to guide beginners. Its blend of accessibility, education, and local relevance makes it a strong choice in India’s crypto landscape.
Factsheet
Operational Since: | 2018 |
Deposit Methods: | Bank transfers, UPI, Debit/Credit cards, Crypto transfers |
Deposit Fees: | Nil on fiat deposits |
Cryptos Listed: | 500+ |
Trading Fees: | 0.03% – 0.50% (Depends upon the trading volume) |
Fiat Currencies Supported: | INR |
Trustworthiness: | Safe and Reliable |
Coinbase delivers a straightforward way to buy, sell, and manage crypto through its clean design and easy navigation. It supports recurring purchases, portfolio tracking, and learning rewards for users exploring new coins. The platform places strong focus on security, offering biometric logins, encrypted storage, and alerts for suspicious activity. It also follows strict regulatory guidelines, giving users added confidence. Available on both web and mobile, Coinbase remains a go-to option for anyone who wants to engage with crypto in a safe and beginner-friendly environment.
Factsheet
Operational Since: | 2012 |
Deposit Methods: | Cryptocurrency, Bank Transfer, Debit/Credit Card, PayPal and SWIFT. |
Deposit Fees: | Wallet: 1.49% fee, Card: 3.99%, ACH: Free, Wire: Fees. |
Cryptos Listed: | 247+ |
Trading Fees: | 0.00% to 0.40% for maker fees, and 0.05% to 0.60% for taker fees |
Fiat Currencies Supported: | 60+ fiat currencies |
Trustworthiness: | Safe and Reliable |
Kraken stands out for its long-standing reputation, secure infrastructure, and support for a wide range of fiat and crypto pairs. The platform offers spot, margin, and futures trading, along with staking services that reward users for holding specific assets. It caters to all skill levels, with basic and advanced trading views available. Cold wallet storage, login verification, and transparent audits keep user funds protected. Kraken’s focus on compliance, depth of features, and consistent performance make it a dependable option for serious crypto traders.
Factsheet
Operational Since: | 2011 |
Deposit Methods: | PayPal, Debit/Credit, UPI, Crypto |
Deposit Fees: | Kraken charges different fees for different types of deposits |
Cryptos Listed: | 500+ |
Trading Fees: | 0% to 0.40% of the total cost |
Fiat Currencies Supported: | USD, EUR, GBP, JPY, CAD etc. |
Trustworthiness: | Safe and Reliable |
Frequently Asked Questions
Where Can You Buy Onyxcoin With A Credit Or Debit Card?
You can buy Onyxcoin with a credit or debit card directly using US Dollars on Coinbase or with Euros on Kraken. This option offers a simple and direct way to get Onyxcoin without extra steps. If you want more flexibility, you can use your card to buy stablecoins like Tether or USD Coin first.
After that, you can exchange these stablecoins for Onyxcoin on Bitget, MEXC, Gate, HTX, or KuCoin. This method works well if direct card purchases are not available in your region. Always use reliable exchanges to make sure your transactions stay safe and hassle-free.
What Will You Need To Buy Onyxcoin?
Here’s everything you’ll need to own an XCN token:
- Crypto Exchange: To purchase Onyxcoin (XCN) tokens, you need a trustworthy exchange platform. These platforms let you trade and manage cryptocurrencies easily. Features like margin trading, trading bots, copy trading, and detailed analytics help you make informed decisions and seize profitable opportunities on Coinbase, Kraken, CoinDCX, Gate, and MEXC.
- Identification Documents: To access a crypto exchange, you need to create an account and complete a KYC (Know Your Customer) verification process. This requires you to submit valid identification documents, such as a passport, driver’s licence, or tax return, to confirm your identity and keep your account secure.
- Debit/Credit Card: A debit or credit card is a convenient way to fund your crypto account. Many major exchanges accept cards for direct purchases. Check the platform’s payment options to ensure your card is supported before you start. This simple step will save you time and prevent payment issues.
- Stablecoin/Altcoin: You can also use stablecoins like Tether (USDT) or USD Coin (USDC) to buy XCN tokens. Stablecoins offer a reliable way to fund purchases without the volatility of other coins. Make sure your chosen exchange supports these options before you plan your transaction.
- Crypto Wallet: Once you’ve purchased your tokens, transfer them to a secure crypto wallet. Wallets like MyEtherWallet, Defexa Wallet, Now Wallet, Ledger Wallet, and Bit2Me offer excellent security features. Always check wallet safety guidelines and customer reviews before deciding which one suits your needs best.
Ensure that you have all the above things handy for a smooth purchasing experience.
What Is The Easiest Way To Buy Onyxcoin?
The easiest way to buy Onyxcoin (XCN) is through well-known exchanges like Coinbase and Kraken. If you want to use US Dollars, you can choose Coinbase for a simple and secure purchase with your credit or debit card. Kraken offers a similar process for buyers who want to use Euros, making it a great option for users in Europe. Both platforms require you to sign up and complete identity verification before you can start trading.
After setting up your account, you can search for Onyxcoin in the exchange’s list of supported tokens. Select your payment method, enter the amount you want to buy, and confirm the transaction. Your XCN will show up in your exchange wallet once the payment goes through. These exchanges make buying Onyxcoin quick and user-friendly, even for beginners who want a hassle-free experience.
Check the fees on each platform before you complete your purchase, as they can differ between exchanges. If you plan to hold Onyxcoin for a while, consider moving it to a private wallet for extra security and control over your funds. Make sure you choose a reputable exchange with strong security features to keep your assets safe while you trade and store them.
Best Wallets To Store Your Onyxcoin (XCN)
When it comes to safeguarding your Onyxcoin holdings, using a reliable and intuitive wallet makes all the difference. The options below offer different levels of functionality, making it easier to choose one that fits your preferences.
MyEtherWallet: MyEtherWallet gives you full control over your XCN storage by letting you generate your own wallet and keys. It works directly with the Ethereum blockchain, supporting manual transactions and custom gas settings. With browser and mobile access, it suits users who want flexibility without sacrificing security or decentralisation.
Defexa Wallet: Defexa Wallet combines simplicity with high-grade safety features. It supports XCN and a broad range of ERC-20 tokens. With built-in protection tools like biometric access and two-factor authentication, it caters to those looking for a no-frills experience with added safety. Its clean interface works well for both beginners and advanced users.
Now Wallet: Now Wallet offers seamless token management and supports storage of XCN along with thousands of other assets. It stands out for its instant swap functionality without mandatory registration. The wallet is compatible with most operating systems and provides in-app trading and full control over private keys.
Ledger Wallet: Ledger Wallet stores your assets offline, making it a go-to choice for those prioritising hardware-level protection. It allows secure management of XCN using the Ledger Live app. You can buy, send, and monitor your tokens without exposing them to online threats, which suits long-term holders.
Bit2Me Wallet: Bit2Me Wallet supports XCN along with many major cryptocurrencies and tokens. It includes features like easy conversion, instant transfers, and bank integration for fiat support. The wallet also offers educational tools and crypto savings options, giving added value to everyday users.
Using any of these wallets helps ensure your Onyxcoin stays protected while giving you a range of tools for convenient management.
