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Exchange XinFin Network (XDC)

If you're looking to swap XinFin Network, SwapSpace is your one-stop shop. We have some light reading for you — in case you'd like a refresher on what is XinFin Network, or some fresh information about XDC’s price movements. And, of course, we provide you with multiple XinFin Network exchange options so that you can choose the offer with the best rates and lowest XinFin Network fees, as well as other parameters that suit you.

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XinFin Network Price Stats

To help you make a decision about exchanging your XinFin Network, we gathered some cold hard numbers: XinFin Network price chart and other stats, such as XinFin Network market cap.

XDC 24H HIGH

XDC 24H HIGH $0.03537102188425

XDC MARKET CAP

XDC MARKET CAP $0

XDC CIRCULATING SUPPLY

XDC CIRCULATING SUPPLY 0 XDC

XDC 24H LOW

XDC 24H LOW $0.03301100042054

XDC PRICE

XDC PRICE $0.03328200043964

XDC 24H VOLUME

XDC 24H VOLUME $166,674.66

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XinFin Network Price Chart

Here you can see the current price of XinFin Network, as well as XinFin Network price history.

What is XinFin Network?

The XinFin Digital Contract (XDC) Network is a hybrid blockchain platform designed for enterprise use cases. It aims to combine the best features of public and private blockchains to create a secure and scalable ecosystem for various applications.

The XDC Network is designed to be interoperable with other blockchain networks. This interoperability is intended to facilitate seamless integration with existing systems and enable a wide range of use cases.

The XDC Network, also known as XinFin, was launched in 2017 by founders Ritesh Kakkad, Karan Bharadva, and Atul Khekade. Ritesh Kakkad, a tech entrepreneur with a background in blockchain, earned his bachelor's degree from the University of Mumbai and previously contributed to the establishment of IndSoft Systems, focusing on solutions and application development.

Atul Khekade, a skilled computer engineer and programmer, has a history of founding and funding emerging technology companies. With a degree in IT from Sardar Patel College of Engineering, Khekade played key roles in the development of MonetaGo, a fintech firm combatting online fraud, and Airnetz, a hybrid online-offline travel agency. In 2018, Karan Bhardwaj, one of XinFin's founders, resigned to dedicate more time to his startup, Elatior Tech.

Similar to other blockchain platforms like Ethereum, the XDC Network supports smart contracts. Smart contracts are self-executing contracts with the terms of the agreement directly written into code. They enable decentralized applications (DApps) to run on the blockchain.

The XDC Network uses a consensus mechanism known as XinFin Delegated Proof of Stake (XDPoS). Delegated Proof of Stake is a variation of the traditional Proof of Stake (PoS) consensus algorithm.

In XDPoS, token holders vote for a set number of delegates who are responsible for validating transactions and creating new blocks. These delegates play a crucial role in the consensus process and are chosen based on the amount of tokens held by voters. The system aims to combine the benefits of decentralization with efficiency, as the selected delegates are typically entities that have demonstrated technical competency and reliability.

The XDC Network, functioning as a layer 1 blockchain compatible with the Ethereum Virtual Machine (EVM), aligns seamlessly with the global payment messaging standard, ISO 20022. This compatibility positions it as an accessible platform for developers and financial institutions to construct applications. Notably, the platform introduced the XDCPay app—a web extension compatible with various browsers—which aims to streamline the user experience for both investors and businesses.

XinFin seamlessly merges the advantages of public and private blockchains, with a primary focus on trade finance. Targeting institutional investment firms seeking to incorporate asset tokenization, the network employs a patented hybrid architecture to enhance liquidity management for these key players. Dapp developers actively contribute to the network, utilizing its marketplace to showcase and sell their decentralized applications (dapps). Various tools are also available to assist investors in establishing an efficient and innovative development environment.

The XDC Network is positioned for enterprise use cases, and it has been explored in areas such as trade finance, supply chain management, and remittances.

XDC is the native utility token of the XDC Network. It is used for various purposes within the network, including transaction fees, staking, and governance. The XDC token has a total supply of 37,705,012,699 XDC and as of December 2023, a circulating supply of 13,885,850,924 XDC. 

XDC is accessible on various cryptocurrency exchanges, including KuCoin, Bitfinex, Huobi, Bybit, Bittrex, Gate.io, ProBit Global, Bitget, CoinEx, Indodax, CoinDCX, CEX.IO, and Bitrue.

The average fees on the XDC

The fee structure on the XDC Network (XinFin) can vary depending on the type of transaction and the services utilized. The average transaction fees on the XDC network are around $0.000001 USD.

The XDC token wallet

XDC tokens, being part of the XinFin network, can be stored in wallets that support the XDC standard, including XinFin official wallet, Ledger Nano S/T, MyEtherWallet, Trust Wallet, Atomic Wallet, Coinomi, Meta Mask, Guarda Wallet. 

A Simple Way To Exchange XinFin Network Here At SwapSpace

Step 1
Step 1

Choose a pair

Choose the cryptocurrencies you would like to exchange among more than 2800 coins and tokens. Pick them from drop-down menus. Type the number of coins you want to swap.

Step 2
Step 2

Select the best rate

You choose the rate – we do the magic! Pick up the exchange service by the rate which meets your requirements. Make sure you are okay with the selected service network fee and privacy policy: some of them require you to pass the AML/KYC procedure.

Step 3
Step 3

Transfer funds

Send the exact amount to the address provided and receive the crypto in your wallet within minutes. Don’t have a wallet yet? Our support will recommend a good one!

Step 4
Step 4

Receive your coins

You’ll get your coins in a few minutes! The exact time is a subject of various parameters such as blockchain network workload, transaction volume, our partners’ processing speed, etc. Concerned about your transaction? Check the swap tracker or feel free to contact the support: support@swapspace.co.

Exchanging XinFin Network: SwapSpace’s Video Tutorial

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