Buy Chain (XCN)

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What is Chain?

Chain (XCN) is a cloud blockchain infrastructure that enables organisations to build better financial services from the ground up. Chain has launched Chain Core which is a permissioned and open source blockchain and sequence, its ledger is used as a service for managing balances.

  • Chain Core is an enterprise software product that implements the Chain Protocol. An open-source developer edition that is freely available, and Chain operates a Chain blockchain network as a freely accessible testnet.
  • The Protocol determines how assets are issued, transferred, and controlled on a blockchain network. It allows a single entity or a group of organisations to operate a network, or connect to a growing list of other networks that are transforming how assets move around the world.
  • Chain Core was designed to cater the needs for modern financial systems. The time to create, sign, and validate a transaction is measured in milliseconds.

XCN is designed to be a shared, multi-asset, cryptographic ledger. It supports the coexistence and interoperability of multiple independent networks, with different operators, sharing a common format and capabilities.

How do I buy Chain?

Sign up to CoinSpot
Register for a CoinSpot account here & verify in minutes.
Deposit & buy
Deposit AUD into your account & enter the amount of AUD you want to trade for XCN and click "Buy".
That’s it!
You now own some Chain! You can click "Go to XCN Wallet" to see your Chain.

Learn more about Chain

Why Should I Trade XCN with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell Chain no matter what your trading experience is. Unlike other international and Australian Chain exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy Chain with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade Chain how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your Chain?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your Chain for free.

Cold Storage

If you are holding Chain as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy Chain. We are trusted by over two million customers and with just a few clicks, you can exchange Australian dollars or other cryptocurrencies for Chain. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Chain has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Chain is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual Chain exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in Chain & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying Chain safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your Chain portfolio here.
Yes! With CoinSpot you can convert your Chain to AUD (Australian dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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