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What is XCH?

Chia Network is an eco-friendly decentralized layer 1 blockchain built for enterprise use. Using the first new Nakamoto consensus algorithm since Bitcoin, named Proof of Space and Time (PoST), Chia aims to make a cryptocurrency that is sustainable, compliant and secure.

PoST makes blockchain mining an energy-efficient process, claiming only to use 0.16% of the annual energy consumed by Bitcoin and 0.36% of Ethereum. Chia has since also announced that they intend to become a regulatory-compliant blockchain company.

The key features of Chia Network include smart transactions, robust security, energy efficiency, at-home mining capability, improved shared mining (pooling) and increased scalability, among other features. Moreover, Chia Network is the most decentralized blockchain ever with around 200,000 nodes and boasts its own on-chain programming environment called Chialisp.

Chia Network's native currency, XCH, is used for transactions and rewards to incentivize users.

Why buy XCH with OKX?

What can I do after I buy XCH?

Chia Network is a green alternative to Proof-of-Work (PoW) blockchains. Furthermore, with its developer and enterprise package for professional services, Chia Network's advanced technology is simple to use and highly secured, thereby contributing to the growing expansion of DeFi. Buy XCH to have a stake in the network and gain from its potential future growth.

Buy XCH as a Store of Value

Chia Network has raised $69.7 million, with names like Naval Ravikant and Andreessen Horowitz as their investors. Buy XCH to add Chia Network tokens to your long-term crypto portfolio if you believe in the future of the network.

Trade XCH for Short-Term Profits

Trade XCH in OKX's trading terminal to profit from its short-term price movements. For beginners, OKX offers a trading bot where you can automatically buy and sell XCH for profits based on your specified price parameters.

Earn Interest on Your XCH Holdings

OKX Earn allows XCH token holders to earn passive income via our low-risk, flexible XCH savings pool. Subscribe to your preferred OKX Earn plan to begin earning passively.

Secure Low-Interest USDT Loans

If you are looking for a low-interest USDT loan, OKX Loan offers a flexible USDT loan against XCH. OKX Loan offers over 20 loanable crypto assets with flexible repayment terms.

How to buy Cryptocurrency and store it safely?

Guide on how to buy Chia Network (XCH)

Buy XCH with Visa or MasterCard Debit/Credit Cards

Buy XCH with your Visa or Mastercard debit/credit card. On OKX, you can easily buy XCH or other top crypto assets like BTC and USDT with over 90+ supported fiat currencies. If your preferred payment method or fiat is not available, you may purchase or transfer USDT to your OKX account to swap them for XCH.

Buy XCH with BTC or USDT at Market Rates

Buy XCH instantly with OKX's highly liquid XCH/BTC and XCH/USDT spot trading pairs. Transfer your BTC or USDT to your OKX account to begin trading. If you do not already own these coins, you may purchase them on OKX before exchanging them for XCH.

Buy XCH with BTC or USDT at Your Specified Price

Place a limit order on our trading terminal to buy XCH at your desired price. OKX will execute your XCH limit order at your set price or lower.

Convert over 100 cryptocurrencies for XCH at zero fees

If you wish to convert your existing crypto to XCH, OKX Convert has you covered. OKX Convert allows you to swap over 100 crypto assets, including major coins like BTC, ETH and OKB, for XCH without any fees, slippage or delay.

FAQs

How long does it take to buy XCH on OKX?
You can buy XCH in just a few minutes on OKX. Simply sign up for an OKX account using your email address or phone number, complete the identity verification and begin trading. You may buy XCH with fiat or swap your crypto for XCH using OKX Convert or our trading terminal.
Where to store XCH after buying it?
You can securely store XCH tokens in your OKX wallet or send them to Chia's official wallet.
Can I mine XCH?
Yes, you can easily farm XCH tokens using your computer. To farm XCH and earn rewards, all you need to do is download the Chia node software. The program will scan your drives and begin farming based on the hardware capabilities of your device.
Is buying XCH profitable?
All cryptocurrencies, including XCH, are considered risky and volatile assets. It is essential for all traders to conduct thorough research and risk analysis before buying XCH.
Can I earn passive income on XCH?
OKX Earn allows you to earn passive income on your XCH holdings with a flexible, low-risk XCH savings plan. Do keep in mind that the value of your assets is still subject to market fluctuations.
What are the most popular cryptocurrencies to invest in today?
Top crypto, based on market capitalization or total circulation value, include Bitcoin (BTC), Ethereum (ETH), Tether (USDT), USD Coin (USDC), and XRP (XRP).
However, like all other crypto, the above are also featured with volatility and risks. You should do your own research (DYOR) and evaluate your risk appetite before investing in any crypto.
What are the top cryptocurrencies I can buy on OKX now?
OKX provides access to hundreds of crypto and trading pairings. Some of the most popular crypto on OKX include BTC, ETH, USDT, DOGE, SOL and OKB. You can visit our brand-new OKX Crypto Calculator. Select a crypto and a fiat currency to check the estimated real-time price.