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How to buy DxChain Token (DX) in Australia

A beginner's guide to buying and selling DX in Australia.

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How to buy DxChain Token

Look for an exchange that supports both fiat and cryptocurrency to simplify buying DxChain Token.

  1. Open an account on an exchange that supports DX.
    Jump to our table to compare popular options — just remember that most exchanges require an email address, phone number and proof of ID to register.
  2. Deposit funds into your account.
    Fund your account with a bank transfer, pay with a credit or debit card or deposit cryptocurrency from a crypto wallet to buy DxChain Token.
  3. Buy DxChain Token.
    Complete your DxChain Token purchase and then find the best wallet to store DX.
Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

What's in this guide?

  1. How to buy DxChain Token
  2. What is DxChain Token?
  3. Where to buy DxChain Token
  4. DxChain Token at a glance
  5. Price performance over time
  6. How to sell DxChain Token

What is DxChain Token?

Launched in 2017, DxChain is a blockchain created as a decentralised storage solution for big data. The network was also designed to work as a data trading platform for users who want to sell and transfer data. According to the whitepaper, data storage and transfer are often monopolised by large organisations such as Google. For example, Google owns the navigation data of all Google Map users. DxChain aims to challenge this monopoly and make the usage of consumer data more transparent. The DxChain blockchain provides data analysts with a secure and fraud-preventative interface on which they can work, send and receive large datasets. This is facilitated by a chain-on-chain architecture and a proof-of-spacetime (PoSt) consensus mechanism. DX is the native token of the DxChain blockchain. According to the whitepaper, there are 3 key use cases for the token. It will provide a convenient and secure payment and settlement method for participants on the DxChain network. It will be used to reward those that contribute computational and storage resources. It will also be used to reward miners that participate in securing the network.

DxChain Token (DX) is in the top 1,000 cryptocurrencies in the world by market cap. The current price of DxChain Token is $0.00091828, which is 0.000% lower than yesterday. Prices have ranged between $0.00092523 and $0.000906 over the past 24 hours. All prices are listed in US dollars and accurate as of September 20, 2021 08:09 UTC.

Where to buy DxChain Token

Find an exchange to buy, sell and trade DX by comparing deposit methods, supported fiat currencies and fees. Select Go to site to sign up directly with the provider.
Name Product Deposit methods Fiat Currencies Cryptocurrencies
Gate.io Cryptocurrency Exchange
Gate.io Cryptocurrency Exchange
Cryptocurrency
USD, EUR, GBP, HKD, SGD, AUD, CHF, MXN

806
cryptocurrencies

Finder exclusive: New users get $90 worth of Gate.IO points and an airdrop of $5 in GateTokens if trade volume exceeds $100 in their first week. T&Cs apply.
A feature-rich exchange with over 700 tokens including derivatives, yield farming and lending products.
Go to site
View details
KuCoin Cryptocurrency Exchange
KuCoin Cryptocurrency Exchange
Cryptocurrency, PayPal, Wire transfer, Credit or Debit Card, SEPA
USD, EUR, GBP, RUB, CNY, AUD, KRW, JPY, TRY, VND & 40+ more

255
cryptocurrencies

Finder Exclusive: Get up to 10 USDT in trading fee rebates for signing up and making a deposit, and up to 30 USDT in trading fee rebates after buying with fiat. T&Cs apply.
Browse a variety of coin offerings in one of the largest multi-cryptocurrency exchanges and pay in cryptocurrency.
Go to site
View details
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DxChain Token at a glance

Information last updated September 20, 2021 08:09 UTC.
Coin symbolDX
Total DX supply100,000,000,000
Current priceUS$0.00091828
All time high dateDecember 15, 2018

DxChain Token price performance over time

Historical prices compared with the price of US$0.00091828.

1 hourN/A
24 hours 0.00%
7 days 0.05%
14 days 0.80%
30 days 17.26%
60 days -0.01%
200 days -15.96%
1 year -9.39%

How to sell DxChain Token

You can cash out your DX with the same exchange you bought it through:

  1. Sign in to the exchange you have DX on.
    If you store your DxChain Token in a digital wallet, compare crypto exchanges to sell it on.
  2. Place a sell order.
    Choose the amount of DX you'd like to sell.
  3. Complete your transaction.
    Confirm the sell price and fees and close your sale of DxChain Token.

What to consider when buying DxChain Token

Every cryptocurrency purchase should be evaluated thoroughly. The volatility of cryptocurrencies means that both the token and the associated platform need to be assessed for risks. Here are a few items to consider before purchasing DX:
  • Utility. There are 3 use cases for DX. 1) A secure method of payment between participants in the network. 2) A reward for all miners in the network. 3) To reward computational and storage resources. If a user wants to store data on DxChain, DX tokens will be required to pay for storage services.
  • Mining. There are 3 types of miners in the DxChain network: computing miners that maintain the integrity of the network, storage miners that share storage resources and miners who create new blocks in the blockchain. All 3 receive DX tokens for the services they provide.
  • Adoption. The value of DX is designed to appreciate as more users access the DxChain system. This will be driven by several factors including the number of applications, the data storage capacity and processing speeds.
  • No governance rights. DX tokens do not represent any shareholder or governance rights in the DxChain. Token holders are also not entitled to any fees, dividends or investment returns, which is different to many other altcoin projects.
  1. DxChain website
  2. DxChain whitepaper
  3. DxChain AMA

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Disclaimer: Cryptocurrencies, including DxChain Token, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of DX is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the DxChain Token or any other cryptocurrency discussed.

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