Buy Xai
What is Xai?
Xai is a cryptocurrency that operates on the Arbitrum platform. It utilises a tri-layer architecture combining Ethereum's security, Arbitrum's scalability, and its own Layer 3 innovations, specifically focused on enhancing gaming experiences. The aim is to enable players to own and trade in-game assets, ensuring secure and efficient transactions and governance within the gaming ecosystem.
How does Xai work?
Xai works through a Layer-3 blockchain built on the Arbitrum platform, leveraging Ethereum's foundational security. It employs Arbitrum's roll-up technology for scalability, facilitating faster and more cost-effective transactions. The Proof of Stake (PoS) consensus mechanism is used, and the platform supports smart contracts, allowing seamless transactions without intermediaries. Moreover, Xai incorporates AI tools to enhance security and generate NFTs.
What are the potential use cases for Xai?
Xai can be used within a decentralised gaming ecosystem for in-game item trading, gaming governance, and DeFi applications. Its integration into gaming allows for real-world applications in games like “Final Form” and “Chains of the Eternals.” Xai's focus on low fees and fast transactions also opens avenues for broader DeFi applications beyond gaming.
What is the history of Xai?
Xai was founded by Ex Populus, working in collaboration with Offchain Labs. Its development journey included significant milestones like achieving high TPS rates and surpassing a million wallet addresses. Xai has been involved in campaigns like the “Xai Odyssey,” distributing substantial player rewards. Despite listing on major exchanges like Binance, its market presence has seen volatility, attributed partly to confusion with token scams.
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Frequently Asked Questions (FAQs)
What is the current price of Xai (XAI)?
The Xai price is $0.37373569 AUD, representing a -6.86% from the day prior.
Where is the best place to buy Xai (XAI) in Australia?
The best place to buy Xai (XAI) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Xai (XAI) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Xai (XAI)?
The trading volume of Xai (XAI) is $57.2M AUD in the last 24hrs, representing a -6.86% from the day prior.
How can I buy Xai (XAI)?
Xai (XAI) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Xai (XAI)?
The current market cap of Xai (XAI) is $273.6M AUD.
Can I convert Xai (XAI) to cash?
Yes - With Coinstash you can convert your Xai (XAI) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Xai (XAI) are there?
The current circulating supply of Xai (XAI) is 738.3M.
Is Coinstash a safe place to buy Xai (XAI) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Xai (XAI) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.