How to buy Xai (XAI): A Simple Guide

How to buy Xai (XAI): A Simple Guide

In this comprehensive guide to Xai (XAI), we will delve deeper into the intricate workings of the project, and also offer practical advice on how to buy and securely store your Xai (XAI) tokens. Understanding the context of Xai’s creation, its underlying technology, and its mission are essential to appreciate the value it brings to the ecosystem, giving you the knowledge and confidence to join the Xai (XAI) community. 

Where to buy Xai (XAI)?

Buying Xai (XAI) involves a three-step process. First, set up an account on a reputable cryptocurrency exchange that supports Xai (XAI). Next, deposit funds into your account, taking into consideration the different fee structures associated with various payment methods such as credit and debit cards, e-wallets, and direct bank transfers. Lastly, purchase Xai (XAI) on the exchange by inputting the amount you wish to spend, with the platform calculating the equivalent amount of Xai (XAI) based on the current market rate. We recommend buying Xai (XAI) on any of the following cryptocurrency exchanges:



Create Binance Account - How to buy Xai (XAI): A Simple Guide

Fees (Maker/Taker)            0.075%*-0.1%*

Available for Trade                             500

Sign-up bonus
 10% reduced trading fees*

Available in
Europe, Asia, Oceania, Africa



Create Bybit Account

Fees (Maker/Taker)             0.1%*-0.1%*

Available for Trade                              400

Sign-up bonus
 $30,000 sign-up bonus*

Available in
Europe, Asia, Oceania, Africa



Create MEXC Account

Fees (Maker/Taker)                    0.2%*-0.2%*

Available for Trade                             1500

Sign-up bonus
 10% reduced trading fees & up to $170 in USDT vouchers*

Available in
North America, South America, Europe, Asia, Oceania, Africa

Understanding Xai (XAI):
An In-depth Guide to Its Features and Use Cases

Xai represents a significant innovation in the realm of blockchain technology, particularly in its application to gaming. As a Layer 3 blockchain developed specifically for AAA gaming, Xai stands out for its unique approach and the problems it addresses in blockchain gaming. Its development is closely associated with the use of Offchain Labs and Arbitrum technology, which are key in its operation.

The gaming experience on Xai is distinctively enhanced through the integration of various games, each offering unique themes and gameplay experiences. Examples include games set in futuristic worlds where information control is pivotal, RPGs that involve capturing and leveling up monsters, and puzzle-based games in an origami-themed universe. This diversity ensures that Xai appeals to a broad spectrum of gamers, both traditional and those more familiar with blockchain gaming.

How Does Xai Work?

The operational mechanism of Xai revolves around tackling the challenges commonly faced in blockchain gaming. One of its most notable features is the elimination of high gas fees, a major barrier in blockchain gaming. By implementing a gas subsidy contract, Xai allows games on its network to operate without passing these fees onto players, thereby making gaming more accessible.

Network reliability is another cornerstone of Xai’s functionality. Its architecture is designed to ensure minimal downtime and congestion, providing a stable and seamless gaming experience. This is a significant improvement over the unreliability issues that plagued earlier blockchain networks.

Moreover, Xai emphasizes creative game design and seamless wallet integration. It fosters an environment where developers can explore their creativity without being hindered by technical limitations. The platform manages cryptocurrency wallets behind the scenes, simplifying the user experience and enhancing player onboarding and interaction.

Xai Sentry Nodes

The network integrity of Xai is maintained through Sentry Nodes, a critical component of its blockchain. These nodes monitor the network’s rollup protocol and are crucial in ensuring the accuracy of block proposals. Sentry Node operators are incentivized with network rewards in esXAI tokens, fostering community involvement in network governance.

Xai Tokenomics

The tokenomics of Xai are designed to sustain its unique blockchain gaming platform. The primary token, XAI, is crucial for gas fees on Xai’s Layer 3 blockchain and is fully transferable, facilitating smooth transactions within the ecosystem. In contrast, esXAI, a non-transferable staking token, presents various benefits, including increased yields, access to special events and NFTs, and a chance to participate in governance through DAO/Foundation. This structure is intended to incentivize long-term engagement within the Xai network.

The strategic allocation and release schedule of XAI tokens are meticulously planned. The initial allocation includes distribution among the core team, investors, the ecosystem, community, DAC, and Nodes. A controlled release strategy ensures a gradual introduction of tokens to the market, maintaining a balance within the ecosystem.

Xai employs a dynamic supply mechanism for both XAI and esXAI, including a token burning process. This process is mainly through gas fees and redemption, which helps in managing the token supply effectively, ensuring the network’s sustainability and economic balance.

How to safely store your Xai (XAI) Tokens

Ledger Hardware Wallet
Trezor Hardware Wallet

Best cryptocurrency wallet for Xai (XAI)

Navigating the world of cryptocurrency wallets can be quite an adventure, as there are numerous options available to suit different needs. To find the perfect wallet for you, consider your trading habits and the level of security you require. Generally, there are two main categories of wallets: hot storage wallets (digital) and cold storage or hardware wallets (physical).

Each type of wallet comes with its own set of advantages and drawbacks, so there isn’t necessarily a one-size-fits-all solution. As you embark on your journey to find the best crypto wallet for your Xai (XAI) tokens, remember to keep an open mind and explore the features that align with your personal preferences and requirements.

When choosing the right wallet for your Xai (XAI) tokens, consider the following factors:

  • Trading frequency: Hot wallets are generally more suitable for active traders due to their quick login capabilities, allowing for seamless buying and selling of crypto. Cold wallets, on the other hand, are better suited for those who make less frequent trades.
  • Supported cryptocurrencies: Although not all wallets cater to every cryptocurrency, some of the best ones can trade a vast array of currencies, offering a versatile experience. Make sure the wallet you choose supports Xai (XAI).
  • Security concerns: If you’re worried about potential hacking incidents, a physical cold wallet stored in a safe deposit box or a secure location at home provides the highest level of protection. However, if you’re confident in safeguarding your hot wallet, you might prefer its convenience.
  • Associated costs: Investigate the costs of each wallet option. While many hot wallets are free to set up, cold wallets, being hardware devices, will require an upfront investment.
  • Wallet features: While the basic functions of cryptocurrency wallets remain the same, additional features can distinguish one wallet from another. Hot wallets often come with advanced reporting tools, crypto market insights, and currency conversion capabilities. Security features can also be an essential factor when making your decision.

By considering all of these aspects, you’ll be better equipped to select the perfect cryptocurrency wallet for your Xai (XAI) tokens.

For a more in-depth overview of cryptocurrency wallets visit our “Cryptocurrency Wallets Explained” guide.

If you’re planning to handle larger amounts of crypto, investing in cold storage can be a wise decision. Two of the most popular cold storage options are the Ledger Nano and the Trezor.

Ledger creates cold storage wallets designed for users who prioritize security. Their wallets are physical devices that connect to your computer, and you can only send cryptocurrency from them when they’re connected. Ledger offers a range of products, including the Ledger Nano S and the Ledger Nano X, which features Bluetooth connectivity.

Trezor, a trailblazer in the hardware wallet industry, combines top-notch security with an intuitive interface and compatibility with various desktop wallets. This blend makes it suitable for both beginners and experienced users. Trezor has earned a great deal of respect within the Bitcoin community over time. They offer two primary models – the Trezor One and the Trezor Model T, which comes with a built-in touchscreen.

Xai (XAI) Price & Charts

Find the latest Xai (XAI) price charts, trade volume, market cap, historical price performance and other vital information to help you with your cryptocurrency trading and investing on CoinMarketCap.
Here you can see the following:
  • Market Capitalization And Daily Trading Volume
  • Current Market Price Of Every Cryptocurrency Relative To USD (And Some Local Currencies)
  • Circulating And Total Supply
  • Historical Charts With Prices Relative To USD, Bitcoin (BTC), And Ethereum (ETH).

Frequently Asked Questions (FAQ)

Where is the best place to buy Xai (XAI)?

We recommend either Bybit, MEXC or as these platforms excel in functionality, reputation, security, customer support, and competitive fees.

How to buy Xai (XAI) in Europe?

In Europe, acquiring Xai (XAI) tokens is a seamless process, with numerous reputable cryptocurrency exchange platforms available to cater to your needs. Among the top choices, we recommend Bybit, MEXC, or due to their outstanding performance in key areas such as functionality, reputation, security, customer support, and competitive fees.

These platforms have established a strong presence not only in Europe but also globally, offering an extensive range of cryptocurrencies, including Xai (XAI).

How to buy Xai (XAI) in the US?

For the United States, buying Xai (XAI) tokens is also an effortless process, we particularly recommend MEXC, a top-tier exchange that excels in functionality, reputation, security, customer support, and competitive fees.

MEXC has established a strong presence in the US and across the globe, offering a wide range of cryptocurrencies, including Xai (XAI). Catering to US-based customers, MEXC provides a user-friendly interface, responsive customer support, and multiple payment options, making it easy for users throughout the country to invest in digital currencies.

How much does Xai (XAI) cost to buy?

Unlike traditional trading options, cryptocurrency allows for fractional purchases, so you don’t need to buy whole coins. This flexibility means you can begin investing in Xai (XAI) and other digital currencies with an investment as low as $1!

Is it safe to buy Xai (XAI)?

Safeguarding your investments is a joint effort, and adhering to recommended security practices is crucial. The first step to safely buying Xai (XAI) is selecting a reputable exchange known for its reliability and strong security measures. Make sure to choose an exchange with a proven track record and positive reputation in the industry to minimize potential risks.

Is it Possible to Convert Xai (XAI) to Cash?

Absolutely! After choosing your preferred cryptocurrency exchange platform, you can effortlessly convert your Xai (XAI) tokens into cash at the current market rate using the exchange’s user-friendly trading interface.

What is the Xai (XAI) Crypto Price Forecast?

Accurately predicting the Xai (XAI) price for any time frame is challenging, but various fundamental factors offer insight into the token’s potential price fluctuations and volatility. Essential aspects to consider include:

  • Adoption Rate –  Increased on-chain activity, driven by the growing number of developers and users on the Xai (XAI) platform, may lead to higher demand and value for it. This expansion could also boost investor confidence, prompting more people to buy and hold the tokens.
  • Innovative Developments –  The introduction of innovative features that improve Xai (XAI)‘s capabilities can make the project more attractive for usage or investment, potentially driving up the the token price. Furthermore, the Xai (XAI) cryptocurrency value may experience a surge following announcements of new partnerships and investments in the project.
  • Market Sentiment –  The overall market outlook significantly impacts Xai (XAI) crypto price trends. A risk-on attitude among global investors encourages buying activity in the crypto market, supporting Xai (XAI)‘s price. On the other hand, bearish or risk-averse sentiment can trigger sell-offs that may negatively affect the price in the market.
Last updated Jan 23, 2024

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