How to Buy XDC Network (XDC)

XDC Network (XDC) is a hybrid blockchain platform designed to support enterprise-grade decentralized applications (dApps) and smart contracts. It aims to bridge traditional finance systems with blockchain technology through a combination of public and private network capabilities. The platform emphasizes high performance, offering low transaction fees, fast processing times, and energy-efficient consensus via a delegated proof-of-stake (XDPoS) mechanism. These features make it suitable for use cases such as cross-border payments, tokenization, trade finance, and other business-oriented applications.

XDC serves as the native token of the network, used for paying transaction fees, deploying smart contracts, and participating in network governance. The ecosystem is designed with interoperability and scalability in mind, allowing for seamless integration with other blockchain systems and traditional infrastructures. XDC Network positions itself as a blockchain solution focused on enterprise adoption, offering tools and frameworks designed to integrate with existing systems and support real-world business. Its hybrid architecture supports both private and public ledger environments, enabling businesses to maintain data privacy while benefiting from decentralized infrastructure. 

1. Sign In or Create an Account
   Start by creating your Ndax account. The sign-up process is simple and quick, with an efficient identity verification system that gets you trading in no time.
2. Fund Your Account with Canadian Dollars
   You can fund your account securely using Canadian dollars through methods like Interac e-Transfer or Wire Transfer. Funding is fast, convenient, and fully compliant with Canadian regulations.
3. Purchase XDC
   With as little as $10 CAD, you can begin your Internet Computer journey. On Ndax, you can trade CAD for XDC instantly, with a competitive flat trading fee of just 0.2%. 

Once you've bought XDC Network (XDC), it's time to consider how you'll store your assets.

• On Ndax: 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.
• External Wallet: Prefer to manage your own private keys? Transfer your XDC to a compatible self-custodial wallet for full custody and added flexibility. 

• Use XDC for Enterprise Blockchain Solutions: As a versatile token, XDC is suitable for building enterprise-grade dApps and facilitating cross-border transactions, helping ensure efficient and secure business operations.
• Staking and Yield Generation: Participate in staking programs that allow you to earn passive income while contributing to the network’s security and stability.
• Trade or Hold XDC: You can either hold XDC as a long-term investment or trade it based on market trends using the Ndax platform—available for both web and mobile devices. 

• Safety-First Approach for Peace of Mind Trading: Ndax protects your digital assets and 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. You can trade with confidence knowing your funds are secured.
• Grow Your XDC Holdings Automatically: Enable recurring XDC purchases to automate your investing strategy. Select daily, weekly, or monthly intervals starting from just $10 CAD.
• Trade On the Go: Download the Ndax app for iOS or Android to manage your XDC investments on the go. Check prices, place trades, and fund your account with ease. 

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.