Thinking about buying XELIS (XEL) but unsure where to begin? You’re in the right place! XELIS is an advanced blockchain platform designed for speed, scalability, and privacy. Unlike traditional blockchains, it uses BlockDAG technology to process transactions faster and more efficiently. This reduces orphaned blocks and ensures smooth, uninterrupted transactions.
At the core of XELIS is the XEL cryptocurrency, which powers the network and supports smart contracts, zero-knowledge proofs, and homomorphic encryption. Built with Rust, XELIS prioritises security and efficiency, making it an attractive choice for developers and crypto enthusiasts alike.
If you’re looking to add XEL to your portfolio, this guide will walk you through the best ways to buy it safely and securely. Whether you’re a beginner or an experienced trader, we’ve got you covered. Let’s dive in!
How To Buy XELIS In 4 Easy Steps?
If you want to buy XELIS, follow these four simple steps to ensure a smooth and secure purchase.
Step 1: Choose A Crypto Exchange Platform
Since XELIS cannot be purchased directly with fiat currencies, you will need to use an altcoin-supported exchange. Choose a platform that offers a secure trading environment and a user-friendly experience.
XELIS is available for trading with Tether (USDT) on exchanges like MEXC, XT.COM, CoinEx, and Biconomy.com. Before proceeding, ensure that the platform you choose is accessible in your region and supports the trading pairs you need.
Step 2: Register On Any Of The Platform
Once you’ve chosen an exchange, register by providing the required details such as your email address, phone number, and residential information. Most platforms require identity verification, which typically involves uploading a government-issued ID like a passport or driver’s licence.
This verification process is usually completed within a few hours. After your account is set up and verified, you can access the trading features and prepare to buy XELIS.
Step 3: Buy The Cryptocurrency Using Your Feasible Payment Method
Now that your account is ready, fund it with Tether (USDT) to make the purchase. You can deposit USDT from another wallet or buy it directly on the exchange if supported.
Once your balance is funded, search for the XELIS/USDT trading pair on platforms such as MEXC, XT.COM, CoinEx, or Biconomy.com. Enter the amount of XELIS you want to buy and confirm the trade. The tokens will be added to your exchange wallet after the transaction is processed.
Step 4: Store The Cryptocurrency In A Wallet
For better security and control over your assets, transfer your XELIS tokens from the exchange to a private wallet. Keeping tokens on an exchange exposes them to potential security risks.
Choose a reliable wallet that supports XELIS, such as Genesix Wallet, Coinbase Wallet, MetaMask, or Trust Wallet. To transfer your tokens, copy your wallet’s public address, initiate the withdrawal from your exchange account, and confirm the transaction.
By securely storing your XELIS tokens in a private wallet, you reduce exposure to potential threats and maintain complete control over your holdings.
Also read: Understanding social trading in crypto
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Where To Buy XELIS (XEL)
XT.COM is a dynamic crypto exchange offering spot, futures, margin, and derivatives trading. It supports a diverse range of cryptocurrencies and includes an NFT marketplace. The platform provides seamless transactions, advanced charting tools, and a user-friendly interface for both novice and professional traders. Security is a priority, with DDoS protection and a three-private-key security structure. With multilingual support, mobile apps, and a high-performance matching engine, XT.COM ensures a smooth and secure trading experience for global users.
Factsheet
Operational Since: | 2011 |
Deposit Methods: | PayPal, Debit/Credit, UPI, Crypto |
Deposit Fees: | Kraken charges different fees for different types of deposits |
Cryptos Listed: | 500+ |
Trading Fees: | 0% to 0.40% of the total cost |
Fiat Currencies Supported: | USD, EUR, GBP, JPY, CAD etc. |
Trustworthiness: | Safe and Reliable |
MEXC is a comprehensive crypto exchange catering to both retail and institutional traders. It offers a range of trading options, including spot, futures, and copy trading, making it a versatile platform. With support for nearly 2,800 cryptocurrencies, MEXC provides access to emerging tokens that may not be available on other exchanges. The platform ensures security with advanced protocols while maintaining an intuitive user experience. Its global reach, multilingual support, and partnerships with professional institutions make it a popular choice among diverse crypto investors.
Factsheet
|
Operational Since: |
2018 |
|
Deposit Methods: |
Credit/Debit Card, Global Bank Transfer, P2P Trading, MEXC Mastercard |
|
Deposit Fees: |
Free |
|
Cryptos Listed: |
2800+ |
|
Trading Fees: |
0.00% for the maker, 0.01% for the taker |
|
Fiat Currencies Supported: |
50+ |
|
Trustworthiness: |
Safe and Reliable |
CoinEx, launched in 2017, aims to simplify crypto trading for all users. With support for over 700 cryptocurrencies and multiple trading options, it caters to both beginners and experienced traders. The exchange offers an intuitive interface, multilingual support, and a secure trading environment. CoinEx focuses on accessibility, allowing seamless transactions and offering a range of features, including spot and futures trading. Its commitment to blockchain adoption and continuous innovation positions it as a reliable exchange for global crypto enthusiasts.
Factsheet
|
Operational Since: |
2017 |
|
Deposit Methods: |
Wallet transfer, Debit and Credit card, Bank transfer, Third party mode |
|
Deposit Fees: |
Free for cryptocurrencies |
|
Cryptos Listed: |
736 |
|
Trading Fees: |
Depends upon the VIP level from (0.1% to 0.2%) |
|
Fiat Currencies Supported: |
60+ |
|
Trustworthiness: |
Safe and Reliable |
Frequently Asked Questions
Where Can You Buy XELIS With A Credit Or Debit Card?
You cannot buy XELIS directly with a credit or debit card. However, you can still get XELIS by using an alternative method. First, purchase Tether (USDT) using your credit or debit card on exchanges like XT.COM, MEXC, or CoinEx. These platforms allow you to buy USDT easily with various payment options.
Once you have USDT in your exchange wallet, trade it for XELIS tokens on a supported platform. This two-step process ensures flexibility, especially if direct XELIS purchases are unavailable. Always use a trusted exchange to ensure safe and smooth transactions.
What Will You Need To Buy XELIS?
Here’s everything you’ll need to own a XELIS token:
- Exchange Platform: To buy XELIS, you need a reliable crypto exchange. You can purchase XELIS on MEXC, XT.COM, and CoinEx. These platforms allow you to trade and manage your tokens securely. Always check the exchange’s fees and supported trading pairs before making a purchase.
- Identification Documents: You must create an account on your chosen exchange and complete the KYC (Know Your Customer) verification process. This requires submitting valid identification documents, such as a passport or driver’s licence, to confirm your identity.
- Altcoin: You cannot buy XELIS directly with fiat currency. Instead, you must first purchase Tether (USDT) and then trade it for XELIS on supported exchanges. Ensure you have enough USDT in your account before proceeding.
- Crypto Wallet: After buying XELIS, store your tokens in a secure wallet. Recommended wallets for XELIS include Genesix Wallet, Coinbase Wallet, MetaMask, and Trust Wallet. Always choose a wallet with strong security features and backup options.
Make sure you have everything ready to ensure a smooth and secure purchase.
What Is The Easiest Way To Buy XELIS?
The easiest way to buy XELIS is through a trusted crypto exchange that supports it. Currently, MEXC and XT.COM offer XELIS trading with USDT pairs. You need to create an account on one of these platforms, complete the necessary verification, and deposit USDT. Once your funds are available, go to the trading section, search for the XELIS/USDT pair, and place your buy order.
This method is simple, secure, and efficient, allowing you to own XELIS within minutes. Always check the exchange fees, security measures, and withdrawal options before making your purchase to ensure a smooth experience.
Best Wallets To Store Your XELIS (XEL)
Selecting a reliable wallet is crucial for securing your holdings while ensuring easy access. Each option provides distinct features, allowing users to choose based on their specific needs.
- Genesix Wallet: Designed to support XLS efficiently, Genesix Wallet offers a secure and user-friendly interface. It enables seamless transactions and ensures a smooth experience for managing digital assets.
- Trust Wallet: A versatile choice that supports multiple cryptocurrencies, including XLS. With features like staking, in-app swaps, and decentralised application (dApp) access, it provides both convenience and security.
- Coinbase Wallet: A well-known option that allows users to store XLS while offering a simple yet powerful interface. It ensures asset safety with advanced security measures and supports seamless integration with dApps.
- MetaMask: Widely used for managing various digital assets, MetaMask provides XLS storage alongside features like Web3 compatibility and decentralised finance (DeFi) access. It is ideal for those looking to interact with blockchain applications.
Using these wallets ensures safe storage for XELIS while offering features tailored to different preferences and levels of experience.
