XDC Network

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XDC Network XDC

$0.0446-0.69% (24h)

1h %

-0.10%

7d %

-8.34%

Market Cap

$850.95M

24h volume

$14.63M

Exchanges

#ExchangePairPrice24h volumeConfidence

Information about XDC

XinFin Network is a hybrid blockchain platform designed to improve global trade and finance by combining the benefits of both public and private blockchains. It offers high scalability, fast transaction processing (2000 transactions per second), and low fees. XDC is the native token used for transactions, staking, and accessing various decentralized applications (DApps) on the network, which is mainly used for trade finance, institutional investments, and cross-border payments. In terms of prices, XDC is trading at $0.0446 today, with its current market cap being undefined. The lowest price on the trading day amounts to $0.0435 USD, and the highest keeps at $0.0457 USD.

FAQ

How does XinFin Network work?

XinFin Network works by combining public and private blockchain components to create a scalable and secure platform for global trade and finance. It uses the XinFin Delegated Proof-of-Stake (XDPoS) consensus mechanism for fast, energy-efficient transactions and supports smart contracts for automation. The network enables asset tokenization, digital trade finance, and decentralized applications (DApps), while also ensuring interoperability with existing financial systems using the ISO 20022 standard.

What is XDC coin used for?

XDC coin is the native token of the XinFin Network primarily used to pay transaction fees, ensuring efficient processing of transactions on the blockchain. XDC also plays a crucial role in securing the network through staking, where holders can lock their tokens to become masternodes or delegate them to existing ones to validate transactions and maintain network integrity. Additionally, XDC is used in governance, allowing token holders to vote on proposals and influence the future development of the network. Moreover, XDC facilitates access to decentralized applications (DApps) and rewards users for their participation in securing and operating the network.

What are XDC’s ATH and ATL?

As of today XDC coin’s all-time low is $0.0002, and the all-time high is $0.1939.

Is XDC coin a good investment?

XDC coin is considered a potentially strong investment due to its unique hybrid blockchain architecture, which combines public and private blockchain benefits, making it well-suited for trade finance, asset tokenization, and institutional investment. Its focus on scalability, low transaction fees, and high interoperability with other financial systems positions XDC as a valuable asset for businesses in the global trade and finance sectors. With growing adoption and partnerships, especially in decentralized applications (DApps) and cross-border payments, XDC could see increased demand in the future.

Is XDC ISO 20022 compliant?

Yes, XDC Network is ISO 20022 compliant. This compliance enables seamless integration with traditional financial systems, facilitating secure and efficient cross-border payments and messaging.

Is XinFin Network an american company?

No, XinFin Network (XDC) is not an American company. It is a Singapore-based organization, with its headquarters located at Peninsula Plaza, Singapore.

When did XDC launch?

The XDC Network was officially launched on June 1, 2019, when XinFin Fintech activated its Layer 1 enterprise-grade blockchain mainnet . This event marked the transition from development to a live, operational network, enabling real-world applications in trade finance, payments, and asset tokenization .

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