How to Buy Plasma (XPL)

Plasma (XPL) is a blockchain designed to revolutionize VRCA (Value-Referenced Crypto Assets) payments — also known as stablecoins — and on-chain financial infrastructure. Plasma uses a Bitcoin-anchored sidechain model and robust cryptography to enhance security, while providing fast, low-cost, and EVM-compatible transactions.

Launched in 2025, Plasma introduced a zero-fee VRCA transfer framework that allows users to send VRCAs such as USDC within its ecosystem without paying transaction fees. This is achieved through advanced gas abstraction and a paymaster model, improving accessibility and reducing friction for everyday crypto transfers.

At the heart of the network is the XPL token, which serves multiple roles across the ecosystem: it’s used to pay for complex transaction fees, secure the network through staking, and reward validators who maintain its integrity. 

1. Sign In or Create an Account 
   Start by signing up for your Ndax account. Our fast and secure verification process means you’ll be ready to trade in just minutes.
2. Fund Your Account with Canadian Dollars 
   Fund your account using Canadian dollars via Interac e-Transfer or Wire Transfer. It’s convenient, quick, and regulated with Canadian financial standards.
3. Purchase XPL 
   With as little as $1 CAD, you can become part of the XPL movement. Buy XPL  instantly using CAD on Ndax with a competitive flat trading fee of just 0.2%. 

After purchasing Plasma (XPL), it’s important to store your tokens securely. You can manage your cryptocurrency holdings seamlessly through the Ndax platform. For optimal asset protection, Ndax employs a robust security framework, including cold storage, hot wallets, and Multi-Party Computation (MPC). A portion of client assets are also held with trusted third-party custodians, who adhere to stringent security standards. 

If you prefer self-custody, XPL is also compatible with various software and hardware wallets, allowing you full control of your private keys. 

• Hold or Trade: Manage your XPL holdings on Ndax’s web or mobile platforms to buy, sell, or hold over time.
• Stake and Participate: XPL holders can participate in the Plasma network through staking, which supports network security and consensus.  
• Join the Ecosystem: As an XPL holder, you can participate in the Plasma ecosystem, contributing to the growth of decentralized financial infrastructure designed around VRCA assets. 

• Safety-First Platform: Ndax prioritizes your safety. For optimal asset protection, Ndax employs a robust security framework, including cold storage, hot wallets, and Multi-Party Computation (MPC). A portion of client assets are also held with trusted third-party custodians, who adhere to stringent security standards.
• Grow Your XPL Holdings Automatically: Set up recurring purchases of XPL to grow your holdings over time. Choose daily, weekly, or monthly intervals starting from just $1 CAD.
• Trade On the Go: The Ndax mobile app gives you the power to trade, monitor your balance, and fund your account from anywhere—available for both iOS and Android. 

The cryptocurrency market is volatile. Avoid missing out on trades by using Ndax’s unique trading options:  

• Limit Order: A buy or sell order that is executed at a specific price or better.  
• Stop Order: An order to Market buy or sell once a cryptocurrency reaches a designated price point.
• Trailing Stop Market Order: An order set at a specified dollar amount away from the last price, bid, or ask of a cryptocurrency.  
• Trailing Stop Limit Order: A limit buy or sell order that is triggered when a cryptocurrency reaches a user-defined trailing amount.  
• Fill or Kill (FOK) Order: A trade that must execute immediately and in full at a certain price; if it can’t be fully filled right away, the entire order is canceled.  
• Immediate or Cancel (IOC) Order: A trade that executes immediately, canceling any unfilled portions of the order.  
• Reserve Order (Iceberg Order): A large trade broken down into multiple limit orders, with some portions visible and others concealed.

Disclaimer: This article is not intended to provide investment, legal, accounting, tax, or any other advice and should not be relied on in that or any other regard. The information contained herein is for informational purposes only and is not to be construed as an offer or solicitation for the sale or purchase of cryptocurrencies or otherwise. Ndax is a member of the Canadian Investor Protection Fund (CIPF). Please refer to the CIPF for coverage qualification criteria.