Cryptocurrencies are of wide reach and are truly pacing with day to day demand of the investors. A new Cryptocurrency has been added to the list of Crypto coins, these are Chia Coins also known as XCH coins.
Are you used to the anxiety when a coin on your watchlist suddenly jumps in price and you wonder if you should have bought it? It is a natural phenomenon called the fear of missing out. However, you need not feel that anymore, when you can hassle-free buy Chia Coins without the worry of their fluctuating prices. As they are one of the most convincingly reward-earning XCH Coins that come along with a number of benefits.
Cryptos are a real-time hype and no wonder why there’s a constant race of buying first and best, among the Crypto investors and potential Crypto investors. Chia Coins are establishing their identity among the famous and much-traded Cryptocurrencies.
Trading in XCH Coins is the trend incoming and if you haven’t heard of Chia Coins yet then this is the article for you. We have got everything covered for you, starting from what are XCH Coins, where and how to buy them and where can you sell your Chia Coins. Or should we say XCH Coins?
What are Chia Coins?
Chia Coins, also known as XCH coins in the market are Chia Network’s native digital currency. Making an identity of its own among other digital currencies like Ethereum, Litecoin, Bitcoin Cash, Dogecoin, etc.
Chia Network Inc. a new energy-efficient decentralized blockchain created by Bram Cohen (the inventor of BitTorrent), has launched its revolutionary digital currency, Chia. It is called the green digital currency, chia (as “XCH”), which is expected to gain widespread digital exchange listing, and rapid worldwide adoption in the financial, corporate, commercial, and governmental sectors. Chia Network’s protocol seeks to become an alternative to traditional financial networks. It strives to provide a secure, energy-efficient network for modern finance and payments.
News read, “A chia coins company could go public this year”. Now you must be wondering what this new term that we have coined here, XCH Coins? Chia Network, the blockchain company behind the cryptocurrency Chia coin (XCH), could go public through an initial public offering (IPO) or a merger with a special purpose acquisition company (SPAC) this year, according to Gene Hoffman, the company’s president
Researchers have to say that, Once Chia Network goes public, the investors will be able to trade in the company’s stock as well as the Chia coin and it is going to benefit them in the longer run. Going public is important to the company because it’s part of our product strategy,” Hoffman said. However, by doing this, we take on all of the best levels of disclosure the investors could have asked for.
New public company listings are well down this year compared to the first quarter of 2021 due to a slowdown in the IPO and SPAC markets. A widespread market sell-off has been particularly acute in the tech sector.
Here are some technical details that you must know before buying Chia Coins by yourself:
Price: $70.56 XCH/USD
Trading Volume (24 hours): $9,937,094 USD
Coin Marketcap Ranking: 148
Market Capitalization: $224,974,062 USD
Circulating Supply: 3,661,064 XCH Coins
Where to Buy Chia Coins or XCH Coins?
Well, what you learned above was only a part of these Chia Coins. The main question is always, after what is where. We will mention the platforms that will help you know where you can buy and sell your Chia Coins.
Quoting factually, there aren’t many platforms that support the exchange of Chia Coins or XCH Coins. Since XCH Coins have not been the longest ever living currency compared to other Cryptocurrencies, investors are anyway oblivious of these Chia Coins, their origin, and from where you can carry forward the exchange.
Below is the list of the platforms that deal in the exchange of XCH Coins
- Huobi Global
How to Buy Chia Coins or XCH Coins?
Buying Chia Coins a seldom Cryptocurrency is as simple as investing in any other cryptocurrency. Thus, the above-mentioned platforms make it much easier and more convenient, and simpler to carry out the exchange.
Learn how to buy Chia (XCH) easily by following a step-by-step guide and comparing 10+ crypto exchanges.
Below are the steps of how to buy Chia Coins or XCH Coins
Step – 1 Compare Crypto Exchanges
Step – 2 Create an account on Chia Exchange if you are keen on buying Chia Coins
Step – 3 Make a deposit using the payment method that best suits you
Step – 4 After making the payment you can easily buy the XCH Coins
How to Sell Your Chia Coins?
If you are looking forward to selling your Chia Coins in exchange for cash then here is a guide for you right below. Actually turning your hard farmed XCH into cash in your bank can be a confusing and daunting task, and a few people have been asking about it lately. We are here to solve this query and give you a step-wise representation.
Below are the simple steps to convert your Chia Coins into profit have them in cash instead.
- Sign up at a Chia Exchange
- Generate an XCH deposit address
- Transfer XCH from your wallet to the transfer address
- Wait for it to arrive in the Chia Exchange
- Exchange to your Target Coin, e.g. USDT
- Sign up at a Local Website that does “Crypto Selling”, or an Exchange that allows you to withdraw into your Target Fiat.
- Sell them your Target Coin for your Target Fiat (into your bank account)
- Withdraw from Chia Exchange to Local Website
- Wait for money in your bank account
Aren’t Chia Coins a cool and a totally worth investment? Then, what are you waiting for? Go buy your Chia Coins today itself with the best Crypto Exchange platforms for you. We hope we catered to what you were looking for. Anyhow if you have any doubts regarding this article or Chia Coins (XCH) you can have your queries dropped in the comment section below.