How to Buy XDC Network (XDC) — Beginner’s Guide

Since its launch, XDC has gained as much as 5,800%, surging from a fraction of a penny to nearly 20 cents. Now trading down from its highs, many wonder if this is the time to buy XDC Network and whether the project is positioned for growth.

In this guide, we’ll learn how to buy XDC Network (XDC), and also explore the project’s pros, cons and key features, as well as discuss ways to use XDC if you decide it fits your portfolio.

How to Buy XDC Network in 4 Easy Steps

Let’s review how and where to buy XDC Network. Several cryptocurrency exchanges now support XDC Network, so you’ll have multiple options, depending on your location. In this example, we’ll use MEXC, a popular crypto exchange that serves most countries worldwide. Here’s a step-by-step guide on how to buy XDC Network on MEXC.

1. Create an Account on MEXC: Go to the MEXC website and sign up for an account. You’ll need to provide some basic information, such as your email address and password, and complete the verification process. Notably, MEXC does not require Know Your Customer (KYC) identity verification for most accounts.
2. Deposit Funds: Once your account is set up, deposit funds into your MEXC account using your preferred payment method. MEXC supports various deposit options, including cryptocurrencies and fiat currencies, with the latter supported by third-party providers. For example, you can buy USDT with your local currency and use USDT to buy XDC.
3. Navigate to the XDC Trading Page: After your funds are deposited, navigate to the XDC trading page on MEXC. You can search for XDC using the exchange’s search function.
4. Buy XDC: On the XDC trading page, select the amount of XDC you want to buy and confirm the transaction. Depending on your trading preferences, you can choose from different order types, such as market orders or limit orders. Market orders execute immediately, whereas limit orders fill when the market reaches your order price.

After you buy XDC Network, you’ll want to withdraw your tokens to a self-custody wallet. We’ll review some crypto wallets that support the token and discuss best practices later in the guide.

XDC Network Key Features

The XDC Network is a high-performance blockchain platform with many features that make it attractive to businesses and investors. Let’s explore some key features of the XDC Network.

How to Buy XDC Network – Step-by-Step Instructions

Let’s learn how to invest in XDC Network. We’ll use the MEXC exchange for this walkthrough.

Step 1: Create an Account on MEXC

To buy XDC on MEXC, you need to create an account. Go to the MEXC website and sign up for an account. You’ll need to provide some basic information, such as your email address or phone number, and a password. MEXC also supports logins via Google, Apple, Telegram, and crypto wallets. In most cases, you won’t need to verify your identity.

Step 2: Deposit Funds

Once your account is set up, deposit funds into your MEXC account using your preferred payment method. MEXC supports various deposit options, including cryptocurrencies and fiat currencies. Deposit methods vary by region. If using a third-party provider to fund your account, choose USDT. MEXC uses USDT as part of a trading pair with XDC.

Step 3: Navigate to the XDC Trading Page

After your funds are deposited, navigate to the XDC trading page on MEXC. You can search for XDC using the exchange’s search function. As an advanced trading platform, MEXC supports derivatives (Futures) and spot and decentralized exchange markets. Choose “Spot” to buy tokens, which you can move to a non-custodial wallet later.

Step 4: Buy XDC

On the XDC trading page, select the amount of XDC you want to buy and confirm the transaction. Depending on your trading preferences, you can choose from various order types, including market orders and limit orders. Market orders fill immediately, whereas limit orders let you specify a purchase price. Limit orders fill when (or if) the market reaches your chosen price.

After making your purchase, you may want to transfer your XDC to a non-custodial cryptocurrency wallet. Later in the guide, we’ll discuss wallets that support XDC Network tokens.

What is XDC Network (XDC)?

XDC Network is a blockchain platform that enables enterprise-grade applications, focusing on interoperability, scalability, and usability. It aims to bridge the gap between traditional financial systems and the blockchain world.

Specifically, the network supports the ISO 20022 messaging standard, a global standard used by financial institutions. In addition, the recent move to integrate LayerZero messaging enables the chain to communicate with other blockchains.

The XDC Network also supports subnets — individual blockchains that rely on the main chain for security. This structure allows for specialized use cases and granular permissions that protect proprietary information while making other data transparent.

Key Features of the Project

The XDC Network boasts several key features that make it an attractive solution for businesses and developers.

• Hybrid Blockchain Architecture: This combines the benefits of public and private blockchains, offering privacy through permissioned subnets, as well as publicly available data.
• Fast Transaction Times: Capable of processing up to 2,000 transactions per second.
• Near-Zero Fees: Similar to Ethereum, XDC Network fees vary based on network demand. However, transaction fees can be as low as $0.00001 USD.
• Interoperability: Integration with LayerZero’s messaging protocol allows the network to communicate with over 125 other chains. Additionally, R3 Corda integration allows interoperability with traditional financial systems. Compliance with the ISO 20022 messaging standard offers compatibility with financial institutions worldwide.
• Smart Contract Support: The XDC Network is EVM (Ethereum Virtual Machine) compatible, allowing developers to easily port smart contract applications built for Ethereum and other EVM chains. This gives XDC access to the largest development community

What Makes XDC Interesting

XDC Network stands out due to its focus on enterprise adoption, particularly with tokenized real-world assets (RWAs), and potentially Central Bank Digital Currencies (CBDCs).

Its hybrid architecture and interoperability features make it a versatile platform for various uses, ranging from common DeFi and trading apps to interoperability with existing financial systems.

Tokenomics

The XDC token is the native cryptocurrency of the XDC Network, with a total supply of approximately 37.5 billion tokens. A considerable amount of the supply remains locked, including early allocations, estimated at 10 billion tokens, and founder and advisor allocations, estimated at 3.53 billion.

Another 3.2 billion tokens are set aside for ecosystem development. 5.36% of the circulating supply is expected to unlock in Q1 2026.

XDC has a fixed maximum supply, but burns a portion of transaction fees according to a variable formula determined by governance votes.

Community

EVM compatibility has helped the XDC Network grow its community of developers and enthusiasts who contribute to its ecosystem. An active presence on X and involvement in blockchain events keep the project well-connected with a growing community.

Why Buy XDC?

Investors may consider buying XDC for several reasons. Let’s outline some key benefits before exploring the considerations in more detail.

• Growing Adoption: XDC Network’s focus on enterprise adoption and its potential use cases in RWAs, dePIN, and CBDCs could drive demand for the token.
• Staking Rewards: Although validator requirements remain intentionally high, pstXDC liquid staking tokens allow users to earn a yield of nearly 8%. Users can swap XDC tokens for pstXDC, earning a yield while maintaining liquidity.
• Competitive Features: XDC Network’s hybrid architecture, fast transaction times, and low fees make it an attractive speculative play if you expect institutional adoption. In many ways, the appeal mirrors that of XRP or Hedera, both of which have seen price growth based on the potential for partnerships with financial institutions.

Why Buy XDC Network and is it Worth it?

Deciding whether to buy XDC Network involves considering several factors, including the project’s fundamentals, market potential, and your personal investment goals. Although the token has grown in popularity and is now a top 100 crypto project, the risk level is likely higher than with cryptocurrencies in the top 10.

Let’s examine why investing in XDC Network could be worthwhile, along with some caveats to consider:

Enterprise Focus and Adoption:

While larger projects like Ethereum target a broad user base, XDC Network is designed with enterprises in mind, offering a scalable solution that can communicate with existing financial systems.

The project’s focus on interoperability, compliance, and real-world asset tokenization positions it well for adoption by businesses and financial institutions. One significant partnership with a leading financial institution could send the token price soaring and pave the way for increased adoption.

Tokenomics and Scarcity:

A fixed maximum supply of approximately 37.5 billion tokens, with a significant portion locked or staked, also gives reason for optimism. Supply shock could send the token dramatically higher in a short period.

XDC also has a deflationary aspect due to the burning of transaction fees. However, price moves based on scarcity and deflation depend on demand. Absent news on adoption or finding new markets, it’s possible that the price will trade within a limited range or trend downward.

Staking Rewards:

XDC Network offers staking opportunities, allowing users to earn rewards by participating in the network’s validation process. With yields of nearly 8% available through liquid staking tokens (pstXDC), investors can generate passive income while holding XDC.

These yield rates more than double the yields available with ETH staking, making XDC an attractive alternative, particularly considering the locked supply. Growth in XDC staking leaves fewer tokens available for trading.

Competitive Features:

XDC Network’s hybrid blockchain architecture, fast transaction times, and near-zero fees make it an appealing option for developers and users. Its compatibility with the Ethereum Virtual Machine (EVM) and support for smart contracts make it easier to port decentralized applications from other EVM chains.

Is XDC Network Worth It?

Whether XDC Network is a worthwhile investment depends on your circumstances, risk tolerance, and several industry factors.

Although the XDC Network is no longer new, usage remains limited. The total value locked (TVL) in decentralized finance (DeFi) applications falls well short of well-established blockchains.

The chain shows just $20.58 million in TVL as of this writing, with more than 20% of this value locked in liquid staking. By comparison, Hedera has more than four times the TVL, and market-leading chains like Ethereum boast as much as $52 billion in TVL.

This disparity in TVL also raises a question of liquidity. How easy will it be to exit a DeFi position? Investors should weigh the market position relative to other chains with higher liquidity.

Although the chain has been active for years, an investment in XDC Network could still be analogous to investing in a newer, still-unproven chain. Adoption is key, and with more than half of the supply locked, it becomes essential to research when additional supply will unlock.

By many measures, XDC remains a speculative investment. Its relatively low market cap of $1.2 billion leaves room for growth. However, future unlocks give the project a fully diluted market cap of $2.9 billion.

How to Store XDC Network Tokens That You Buy?

If you buy XDC Network on an exchange, the exchange provides a custodial wallet to store your tokens. While convenient, this structure also comes with some downsides.

• The exchange holds the private keys that control your digital assets.
• Your access is typically tied to a username and password, which can be vulnerable to breaches.
• Access to your assets can be restricted or removed altogether.
• You can’t use your digital assets in decentralized applications.

For these reasons, many investors prefer to withdraw their crypto assets to a non-custodial wallet. While non-custodial wallets give you complete control over the wallet’s private keys, you also become responsible for safeguarding the keys.

Hot Wallets vs Cold Wallets

Non-custodial wallets, also known as self-custody wallets, come in two primary types: hot wallets and cold wallets.

• A hot wallet is a type of non-custodial wallet that is connected to the internet. These wallets are typically mobile apps, desktop applications, or browser extensions. Hot wallets provide easy access to your funds and enable you to connect to decentralized applications. However, hot wallets are also more vulnerable to hacking or vulnerabilities.
• On the other hand, a cold wallet is a type of non-custodial wallet not connected to the internet. This provides better security, as your private keys are not exposed to online risks. In most cases, a cold wallet refers to a hardware device that can connect to a companion app or third-party wallet.

Choosing the Right Wallet for Your XDC Tokens

When choosing a wallet for your XDC tokens, consider the following factors:

• Security: A cold wallet may be the best option for maximum security. However, a hot wallet may be more suitable if you need to make frequent transactions.
• Convenience: A hot wallet may be the best option to access your funds easily. However, a cold wallet may be a better choice if you’re willing to sacrifice some convenience for added security.
• Control: If you want to have full control over your funds, a non-custodial wallet (hot or cold) is the way to go.

In many cases, you can pair a hardware wallet with a software wallet, connecting you to decentralized applications as needed while protecting your keys with an offline device. Next, we’ll review some wallet choices with support for the XDC Network.

Best XDC Network Wallets

Let’s explore some well-known wallets that support XDC, each offering unique features to cater to different user preferences. We’ll start with hardware wallets and then move on to wallet apps. In practice, if you use a hardware wallet, you’ll probably pair it with a software wallet. Verify that the app you choose supports the hardware wallet you want to use as well as the XDC Network.

1. Ledger

Ledger offers a line of highly popular hardware wallets that support XDC. However, using the Ledger Live application, you’ll need to install the XDC app on the hardware wallet.

Ledger devices store your tokens offline using a Secure Element chip, the same technology used to store sensitive credit card and smartphone information.

Prices for Ledger devices range from about $80 up to $400, with Ledger’s entry-level device using a USB connection when authorizing transactions. Mid-level and premium models feature Bluetooth connectivity.

2. Trezor

Trezor invented the first hardware wallet in 2014, and the company’s hardware devices remain popular today. All Trezor models, ranging in price from $49 to $169, support the XDC Network, providing an option for any budget. However, fewer wallet apps support Trezor wallets in comparison to Ledger, so choose a companion wallet carefully.

Higher-end Trezor Safe models use a Secure Element chip similar to Ledger. Trezor’s mid-range and entry-level devices do not use a Secure Element, allowing for fully open-source software and firmware.

MetaMask

MetaMask Wallet supports a wide range of EVM chains and offers both a browser extension and a mobile app for iOS and Android. The app supports XDC, although the network must be added manually. The wallet app has undergone several third-party audits and offers a bug bounty. Consensys, a leading name in blockchain, created MetaMask in 2016 and released the code as open source.

Notably, MetaMask supports integration with Ledger and Trezor devices using the browser extension.

Guarda Wallet

Guarda Wallet is a well-regarded multi-currency software wallet that is available on web, desktop, and mobile platforms. The wallet supports XDC alongside more than 50 other blockchains, making it well-suited to users who use multiple cryptocurrencies.

The Guarda Wallet supports in-app purchases for XDC and other cryptocurrencies, eliminating the need to use a crypto exchange. However, fees and spreads for in-app purchases can be high, and the app isn’t fully open-source, making it less transparent than apps like MetaMask.

Best Practices for Storing XDC Tokens

Regardless of the wallet you choose, always follow best practices to ensure the secure storage of your XDC tokens.

• Backup Your Seed Phrase: Always back up your seed phrase and store it in a secure offline location. You can use this seed phrase, also known as a recovery phrase, to restore your wallet if you lose access.
• Never Share Your Private Key: The private key controls your digital assets on the blockchain and is derived from your seed phrase. So, it’s essential to protect both your private keys and wallet seed phrases.
• Enable Two-Factor Authentication (2FA): Where available, enable 2FA to secure your wallet.
  Use Strong Passwords: Choose strong, unique passwords for your wallet and any associated accounts.
• Keep Your Software Updated: Regularly update your wallet software and firmware (hardware wallets) to benefit from the latest security patches and features.

What to Do with XDC Network Tokens You Buy?

Once you’ve invested in XDC Network tokens, you’re likely looking for ways to utilize them within the ecosystem. The XDC Network supports a range of decentralized applications (dApps) and protocols, some of which parallel those on other chains. However, you’ll also find unique protocols, such as RWA platforms.

Leading Protocols on XDC Network

Some of the leading protocols on the XDC Network include:

• Fathom: A decentralized lending protocol that allows users to borrow and lend cryptocurrencies.
• Comtech Gold: A protocol that enables the tokenization of gold, allowing users to buy and sell gold-backed tokens.
• Prime Staking: A staking protocol that allows users to stake XDC tokens by swapping XDC for a yield-bearing liquid staking token (LST).
• XSwap Protocol: An automated market maker (AMM) protocol that enables users to trade XRC20 tokens. For example, you can swap XDC for protocol tokens or liquid staking tokens.
• WeFi: A decentralized finance (DeFi) protocol that offers a range of financial services, including lending and borrowing.

Using XDC Tokens in DeFi Applications

Similar to ETH on the Ethereum network or SOL on Solana, XDC acts as the primary asset and fuel token on the XDC Network. XDC tokens can be used in various DeFi applications, including lending, borrowing (using XDC as collateral), trading, or buying assets, such as Comtech tokenized gold. XDC is central to all these use cases, used to pay for transactions and smart contract interactions.

Exploring the XDC Ecosystem

The XDC Network ecosystem constantly evolves, with new protocols and dApps being developed and launched regularly. The XinFin website lists a wide range of dApps and protocols built on the XDC Network.

Buy XDC Verdict – A Promising Investment?

Earlier, we learned how to invest in XDC, but should you? The XDC Network is a compelling option in a sea of similar blockchains. The chain offers EVM compatibility, allowing developers to build or port applications quickly. While many apps from other EVM apps are yet to arrive, customized forks of popular projects and purpose-built dApps are among the chain’s most common destinations.

Although the XDC Network still lags far behind leading chains regarding bridged value and total value locked, XDC offers unique features that make it well-suited for adoption in financial applications. Specifically, the XDC Network is well-positioned to become a leading chain for RWAs and institutional adoption due to its support for ISO 20022 messaging.

However, several metrics provide reason for caution. Limited adoption and comparably low liquidity may make XDC less attractive in comparison to similar chains like Hedera, XRP, and others working toward similar goals.

Ultimately, XDC Network may be best as part of a diversified portfolio. It’s difficult to know which chains will emerge as winners in newer spaces like real-world assets and settlement for financial institutions. With a diversified approach, you can reduce your risk while enjoying gains if you choose a winner.

References

1. XDC Network Goes Omnichain with LayerZero! (x.com)
2. XDC Enterprise (xdc.org)
3. XDC Network Milestone: 5 Years Advancing RWA Tokenization (xdc.org)
4. XDC Network (tokenomist.ai)
5. XDC 2.0 Staking, Rewards and Burning Upgrade (xdc.dev)
6. Prime Numbers Labs launches liquid staking on XDC Network (cointelegraph.com)
7. XDC (defillama.com)
8. Explore Ecosystem dApps (xinfin.org)

FAQs

Is XDC worth buying?

XDC Network has a strong focus on enterprise adoption and real-world asset tokenization, making it an attractive option for businesses and investors. However, competing projects see more on-chain activity, making XDC a speculative investment.

What app to buy XDC?

You can buy XDC on various cryptocurrency exchanges and platforms, such as MEXC, Gate.io, and HTX. Some crypto wallets, such as Guarda Wallet, also offer in-app purchases for XDC.

What wallet can I use to buy XDC?

While you can’t directly buy XDC within a wallet, some wallets like Guarda offer the ability to purchase XDC directly within the app through third-party providers. Other wallets, such as Ledger devices, support XDC and allow you to store your tokens offline.

Can you buy XDC on Binance?

XDC is not listed on Binance. However, you can buy XDC on other cryptocurrency exchanges like MEXC, Gate.io, and HTX.

How to buy XDC in the USA?

To buy XDC in the USA, you can use a third-party provider like Transak, which allows you to purchase XDC with debit cards or credit cards. Alternatively, you can use a wallet like Guarda, which offers the ability to buy XDC directly within the app from your choice of providers.

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