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What is Onyxcoin?

Onyxcoin (XCN) is a cloud blockchain infrastructure that enables organisations to build better financial services from the ground up. Onyxcoin has launched Onyx Protocol which is underlined by the native utility token XCN.

  • The rebrand from Chain to Onyxcoin also introduced the Onyx Protocol. This is a permissioned and open source blockchain that allows clients to participate in the Onyx DAO as well as receiving rewards in XCN.
  • 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.
  • Onyxcoin was designed to cater for the needs of 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. This paired with the new Onyxcoin protocol aims to make it a flexible and valuable ecosystem.

How do I swap Onyxcoin?

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Select the quantity of Onyxcoin you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about Onyxcoin

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 Onyxcoin no matter what your trading experience is. Unlike other international and Australian Onyxcoin 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 Onyxcoin 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 Onyxcoin 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 Onyxcoin?

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 Onyxcoin for free.

Cold Storage

If you are holding Onyxcoin 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 Onyxcoin. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for Onyxcoin. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
Onyxcoin has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As Onyxcoin 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 Onyxcoin 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 Onyxcoin & 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 Onyxcoin 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 Onyxcoin portfolio here.
Yes! With CoinSpot you can convert your Onyxcoin 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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