The cryptocurrency world is full of opportunities and challenges. The high value of digital assets makes trading platforms a coveted target for hackers. Newbies are more likely to become targets of hackers due to their lack of experience. Once a platform encounters a security incident, in addition to causing economic losses, it will also cause panic among platform users, leading to the collapse of the platforms reputation and ultimately affecting the long-term development of the platform. According to industry data, security incidents on cryptocurrency trading platforms occur frequently, causing huge losses to users.
To meet this severe challenge, XT.COM independently developed the more secure XT Smart Chain (XSC) and XT coin . The XT Smart Chain adopts a highly secure consensus mechanism and smart contract audit, while the XT coin supports security measures such as multi-signature and cold wallet, which lowers the user operation threshold and allows novices to easily enjoy the convenience brought by encrypted assets. XT.COMs innovative move provides a more secure and reliable trading environment for users.
Table of contents
XT coin performance and market price
Important events of XT coin and XT Smart Chain
The future and development of XT coin and XT Smart Chain
What is XT Smart Chain?
XT Smart Chain (XSC) XT Smart Chain (XSC) is a public chain infrastructure project dedicated to providing high-performance, low-cost blockchain services. Through innovative Layer 2 technology, it achieves a processing capacity of more than 3,000 transactions per second and a confirmation time of less than 3 seconds, while maintaining full EVM compatibility. The platform has strong development momentum, with a locked value of more than 48 million US dollars, and a complete ecosystem of more than 10 core DApps, covering on-chain services, NFTs, and cross-chain solutions. Developers can easily build various types of decentralized applications (DApps) on the XT Smart Chain, including supply chain management, games, etc.
The application scenarios of XT Smart Chain are very extensive. In terms of digital asset trading, the deep integration of XT Smart Chain and XT.COM Exchange provides users with a safe and efficient digital asset trading experience. In addition, XT Smart Chain also has broad application prospects in supply chain management, games and other fields. By adopting advanced technology, XT Smart Chain provides users and developers with a safe, reliable and efficient blockchain infrastructure.
How does XT Smart Chain work?
XT Smart Chain (XSC) uses advanced blockchain technology to provide users with a smooth and efficient experience. Here is a breakdown of how XT Smart Chain works:
High-performance consensus mechanism:
The XT Smart Chain uses a strong consensus mechanism to ensure the security and reliability of the network. This mechanism enables fast transaction processing and prevents malicious attacks.
Smart Contracts:
Developers can create and deploy smart contracts on the XT Smart Chain. These self-executing contracts can automate various processes, reduce reliance on intermediaries, and increase transparency.
Cross-chain interoperability:
XT Smart Chain (XSC) supports the transfer of assets and data between different blockchains, promoting seamless collaboration and innovation.
User-friendly interface:
The platform provides a user-friendly interface that allows users to easily interact with decentralized applications (dApps) and manage their digital assets.
Image source: XT.COM
What is XT coin?
XT is the native digital asset of the XT.COM trading platform. It has the characteristics of high security, high transparency, high transaction efficiency and strong interoperability. By using XT, users can enjoy transaction fee discounts on the XT.COM platform, participate in platform governance, obtain airdrop benefits, and participate in the construction of the entire platform ecosystem.
Advantages of XT Coin
As an integral part of the XT.COM ecosystem, XT coins bring the following benefits to platform users:
Reduce transaction fees: Users can save a lot of costs by using XT coins to pay transaction fees.
Community governance rights: XT coin holders can participate in the governance of the platform, vote on the development direction of XT.COM , and have a say.
Exclusive rewards and benefits: Coin holders have the opportunity to enjoy various benefits such as airdrops, discounts, VIP services, etc.
Potential appreciation: As the XT.com exchange continues to grow and develop, the demand for XT coins may increase, bringing potential appreciation in the value of the coin.
XT Coin Exclusive Benefits
As the natives of XT.COM, XT coins provide various exclusive benefits for long-term holders, allowing users to obtain the greatest benefits, and the digital assets held can also steadily increase in value in the XT.COM ecosystem. The scenarios in which XT coins can be used in XT.COM are as follows:
Trading and Investing: XT coins can be traded for other cryptocurrencies on the XT.com exchange.
Staking and Mining: Users can earn income by staking XT coins while contributing to network security.
Payment of service fees: XT coins can be used to pay for fees and services on the XT.COM platform.
Unlock exclusive features: XT coin holders may gain access to exclusive features and benefits, such as VIP customer support or priority trading rights.
Image source: Freepik
Security of XT Coins
Since XT uses a strong consensus mechanism to ensure the security and reliability of the network. This mechanism enables fast transaction processing and prevents malicious attacks. This makes the network extremely secure and extremely difficult to be attacked maliciously. XT also has higher security than other blockchains that may lack a solid security foundation.
XT coin performance and market price
The performance and market price of XT coin is influenced by various factors, including the overall cryptocurrency market. Here is an overview of its price history and the main factors that influence its valuation:
All-time highs and all-time lows
Historical High Price: XT coin reached a peak price of $7.09 on December 5, 2024.
Historical Low Price: In the early stages (January 24, 2022), the historical low price of XT coin was $1.60.
Current Prices and Market Statistics (as of December 12, 2024)
Current Price – $5.6939
24 hour volume – $33,249,469
Circulating Supply – 6,045,803
Market Cap – $37,019,363
You can check XT.COM for the most accurate and up-to-date information on XT coin performance and market prices.
Important events of XT coin and XT Smart Chain
The development of XT coin and XT Smart Chain (XSC) has gone through several key events that have shaped their trajectory in the cryptocurrency space. Here are some of the important milestones:
Token Launch and Community Engagement (2018):
The XT token was launched with a limited supply of 100 million, creating an atmosphere of fairness and transparency.
Evolved into XT Smart Chain:
High-Performance Blockchain Recognizing the need for a scalable and efficient blockchain solution, XT.com developed the XT Smart Chain. This high-performance platform offers faster transaction speeds, lower fees, enhanced security, and eliminates transaction taxes, making it a strong contender in the blockchain industry.
Expanding market reach through exchange listings:
XT coins have been listed on major cryptocurrency exchanges, making them more accessible to a wider range of investors and traders. This has led to an increase in trading volume and market capitalization.
These key events have driven the growth and development of XT coins and XT Smart Chain and solidified their position in the cryptocurrency ecosystem.
Image source: Freepik
The future and development of XT coin and XT Smart Chain
With the global expansion of digital currency exchanges, the expansion of various derivatives markets and the entry of institutional investors, the demand for XT coins is expected to continue to grow. However, fierce market competition, regulatory policy changes and technical risks are challenges facing XT. If the XT.COM platform can continue to innovate and enhance the value of XT coins through governance mechanisms, pledge mechanisms and other means, then the position of XT coins in the cryptocurrency market will be more stable.
FAQs
1. Is XT a good investment?
Whether to invest in XT coins depends on a variety of factors, such as your risk tolerance, investment objectives, and market conditions. It is very important to conduct thorough research and consider consulting a financial advisor before making any investment decision.
2. How to buy XT coins through XT.com?
XT coins can be purchased directly on the XT.COM exchange using a debit or credit card. You can also trade XT coins for other cryptocurrencies on the XT.COM cryptocurrency exchange. Here are the steps:
First, create a free XT.COM account:
Sign up or download the XT.COM app and begin the registration process. Provide your email address, country of residence and use a strong password to protect your account.
Select how you would like to purchase XT coins:
Click the Buy Coins link in the upper left corner of the XT.com website navigation bar.
Buy XT Coins:
Purchase XT coins on XT.COM using various payment methods.
3. What can XT coins do?
As the native token of the XT.COM trading platform, XT has a wide range of application scenarios. First, XT is the first choice for paying transaction fees on the XT.COM exchange. Users holding XT can also enjoy the transaction fee discounts provided by the platform to reduce transaction costs. Secondly, XT gives holders the right to participate in platform governance.
By holding XT coins, users can make suggestions on the development direction of the platform and participate in voting to jointly shape the future of the platform. In addition, XT coin holders can also enjoy exclusive rewards and privileges provided by the platform, such as airdrops, discounts, etc. In addition to its internal application within the XT.COM platform, XT coins may also be traded in other cryptocurrencies on the exchange to expand its circulation range.
4. How much is one XT coin worth?
XT.COM provides real-time XT price updates. Use the XT calculator/converter on this page to get real-time XT exchange rates for any fiat currency.
5. What factors will affect the price of XT coins?
One major factor is the level of demand from investors. If the demand for XT coins is high, the price will rise, while low demand will cause the price to fall. Another factor is the supply of XT coins available for trading. If more coins are available, the price will generally be lower than when the supply is limited. The overall market conditions for cryptocurrencies and regulatory changes or announcements that affect the entire cryptocurrency industry can also affect the price of XT coins.
Image source: Freepik
Summarize
XT coin and XT Smart Chain bring new possibilities to the world of cryptocurrency. In addition to focusing on security, XT coin and XT Smart Chain also create an active user-centric community. In addition to giving users more control and lower fees, XT coin also provides various exclusive benefits for long-term holders. The high performance, low cost and high security of XT Smart Chain provide unlimited possibilities for decentralized applications. Whether you are a novice or an experienced user, you can find a sense of belonging in the XT community. Join XT.COM now and explore the unlimited potential of blockchain with global currency investors and developers.
About XT.COM
Founded in 2018, XT.COM currently has more than 8 million registered users, more than 1 million monthly active users, and more than 40 million user traffic within the ecosystem. We are a comprehensive trading platform that supports 800+ high-quality currencies and 1,000 trading pairs. XT.COM cryptocurrency trading platform supports a variety of trading products such as spot trading , leveraged trading , and contract trading . XT.COM also has a safe and reliable NFT trading platform . We are committed to providing users with the safest, most efficient, and most professional digital asset investment services.
