There is nothing on your end to do except wait for this to happen. Depending on the day this could take 5 minutes or even up to a few hours. At the exchange where you are wanting to purchase Xenon Pay (X2P) you will need to get your account’s BTC or ETH wallet ID.
Limit price says you want to purchase a certain amount of Xenon Pay (X2P) at a specific price. To buy Xenon Pay using USD (US Dollar) you will have to use a cryptocurrency exchange or financial service that supports funding via either your bank account or credit card. This is the current price Xenon Pay (X2P) is trading at. There is nothing wrong with purchasing at this price, but if you think the price will drop or wanted to get it at a lower price, then look at the limit price. If Xenon Pay (X2P) doesn’t have an investment option using the currency you purchased as Coinbase, don’t worry.
There is only one crypto exchanges on which you can trade X2P. The top exchange by buy/sell volume for the last 24h is PancakeSwap (V2) with wbnb trading pair. The Xenon Pay network is a payment solutions provider built on the BSC blockchain but also provides cross-chain functionality. It has a wallet and is building an exchange along with a Xenon Pay card for cross border payments. The network makes use of the X2P token that can also be staked for earning a passive income.
Step by step guide on how to buy Xenon Pay (X2P) cryptocurrency with USD
Only downside is that your weekly purchase limit on a Credit Card will be around $750 when you first open your account. Although Coinbase has both iOS (iPhone) and Android apps, I have found the easiest way to setup your exchange account with them is to use their website. If you want to learn how to buy more cryptocurrencies, here is our library of guides on how to buy cryptocurrency with USD. You’ve purchased Xenon Pay (X2P) using USD with the help of another crypto exchange. Once you’ve completed that portion, the next step will be a photo verification. Since we are discussing how to purchase [coin] [symbol] using US Dollar, we are assuming you are a US resident.
- You can either scroll to X2P or type it in the “Search all assets” box.
- We’ve found using a credit card is the fastest way to fund your account, however you will have a lower deposit limit.
- You can either purchase BNB from Binance and send it to TrustWallet, or you can purchase BNB directly on the app.
Cryptocurrency prices can be volatile and unpredictable, and may be influenced by various factors, including market manipulation, regulatory changes, and technological developments. Since Coinbase only allows for the purchase of Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, you will need to transfer your BTC or ETH investment to another cryptocurrency exchange. Realize you don’t have to purchase a full coin, rather you will be investing a portion of a coin. Knowing this will actually help you with your future cryptocurrency investments.
Can I buy 1 Xenon Pay(X2P)?
Limit price bascially says you want to purchase a certain amount of Xenon Pay (X2P) at a specific price. If the price of X2P gets to that price your order will be processed. Remember, with how volatile the market is, there is no guarantee the price will drop to your limit price. To purchase Xenon Pay (X2P) on the majority of the cryptocurrency exchanges, you will already need to have Bitcoin (BTC) or Ethereum (ETH) to trade with. The good news is that you can easily purchase either cryptocurrency at Coinbase using your Credit Card or even Bank Account.
This article is informational only—none of the contents should be construed as financial or investment advice. Below is the weekly chart for X2P that shows twin price spikes, the first took the coin to the $0.06 level yesterday and the second took it to the $0.16 level where it has established a stable base. To buy X2P coin, you’ll need to purchase Binance Coin (BNB). You can either purchase BNB from Binance and send it to TrustWallet, or you can purchase BNB directly on the app.
A word of advice, now that you’ve made your first investment in Xenon Pay (X2P), you should MAKE SURE to track your investment. Even though the exchange you purchased Xenon Pay at does this for you, using a third-party website or app makes it a whole lot easier. Here is a list of some best cryptocurrency investment tracking websites and apps that you can use.
We also gather additional information from different sources to ensure we cover all necessary data or events. The Xenon Pay network is an outlier and has surprised many seasoned investors. Such record gains are not reproduced every day even by strong tokens which is why X2P could be a coin to watch. The early adopters are already sitting on huge returns but the coin could possibly rally further if the uptrend continues. The market today is flooded with many identical platforms and a new user can easily get confused since most of these sites offer similar features.
If you live in a region where it’s difficult to acquire BNB, you’ll need to purchase XLM from Coinbase, send it to Atomic Wallet, swap it for BNB and send it to Trust Wallet. Let me reiterate, I am not a licensed professional so I can’t give you any investment advice on how to handle the next step. If you purchased Ethereum (ETH) at Coinbase, you are going to want to look for the X2P/ETH investment.
To use a bank account, you’ll just need to select you back account, give Coinbase some information about the account, and then waiting for the account to be verified. If you already have a Coinbase account with your funding method setup, click here to skip to step three. The next part sometimes changes (we are guessing Coinbase does a lot of user testing) but normally you are then asked for your mobile phone number. This is 100% so you can setup your Two-factor authentication (2FA) to make your account even more secure. We have never seen a spam message came from this, rather it is only used to login to your account and alert you to any major account changes.
You will need to provide a username, password and email address while signing up. The platform will then ask you to submit proof of identity and address to comply with the Know Your Customer (KYC) norms. Avoid using decentralised exchanges (DEXs) as they are not regulated. Unlike Shiba Inu coin, an Ethereum-based token, X2P runs on the Binance Smart Chain, which means that you don’t have to worry about Ethereum’s sky-high gas fees for buying and selling the new token. Now you play a short waiting game as your transfer has to go through the cryptocurrency ecosystem and be confirmed multiple times.
How much I need to buy Xenon Pay coin?
Again, since you will be using your hard earned money to fund your Coinbase account, there are a few more verification steps you need to complete. 2) Next enter your email address in the get started box. Please MAKE SURE that the email address you enter is one you have access to and is your most secure email as this is how you will always sign in to your Coinbase account. As with the whole account process, Coinbase made the purchase of a cryptocurrency very simple and straight-forward. Coinbase assumes that you are signing up for an Individual investment account so the next part of the sign up process deals with verifying your identity.
The nice thing about Coinbase is there is no upfront waiting period—simply sign up, confirm your email address, and you’re all set. If you already have a Coinbase account, skip to step two. We’ve put together this quick step-by-step guide to show you how to buy Xenon Pay (X2P) using US Dollar. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. Investors should conduct their own research and analysis before making any investment decisions. You should also be aware of the potential for loss, and only invest what you can afford to lose.
You can either scroll to X2P or type it in the “Search all assets” box. All you need to do is click on the “Prices” option in the top menu bar and you’ll see a list of all the supported cryptocurrencies on Coinbase. It might take a few minutes to process and validate your identity, but once the process is complete you are ready to fund your Coinbase account.
What is a seed phrase and how is it used with a Xenon Pay II(X2P) wallet?
Once your transfer has been confirmed it should show in your exchange’s account and will be immediately ready to be used to buying Xenon Pay (X2P). Now it’s time to purchase Xenon Pay (X2P) using your investment from Coinbase. Most exchanges need a minimum $50 deposit to exchange it for crypto. The table below offers a detailed overview of different amounts and their respective costs. The below table shows all exchanges where you can buy X2P crypto. For some exchanges there is depth percent it shows how much liquidity is available, live bids 2% up or down from the current price.
If that’s the case you can either upload your Driver’s License, State ID card, or passport to verify your identity. If you are planning to trade crypto, please consult a financial adviser. The best place to store the crypto you have bought is in wallets outside the exchange. The first choice is a hardware wallet, and then you can go with the official coin wallet and third-party software wallets. As BEP-20 Token Xenon Pay can be stored on any wallet which supports BNB Coin.
All you need to do is trade into the specific currency. Once you have your specific currency’s wallet ID, head back over to your Coinbase account. Since I don’t want to miss any steps in this important process, click here to view the official how-to guide from Coinbase on transferring your currency to another wallet. Once you have your trading account setup at one of the exchanges that trades Xenon Pay (X2P), you will need to transfer your BTC or ETH from Coinbase to that specific exchange. ⚠ Trading cryptocurrencies involves risk, and may not be suitable for all investors.
Trading cryptocurrencies is not supervised by any EU regulatory framework. Any trading history presented is less than 5 years old unless otherwise stated and may not suffice as a basis for investment decisions. If you want to fund your account using your Bank Account, your purchased cryptocurrency will not available for trading for 4 to 5 business days.
Step Four: Make your first purchase of Xenon Pay (X2P)
If you’re interested in taking a risky plunge into purchasing this new token, here’s an easy-to-understand guide on how to buy X2P. According to X2P’s white paper, Xeno Pay imposes a 15% transaction fee on buyers and sellers, and 10% of those fees are distributed to token holders. Similar to SafeMoon, Xeno Pay claims that this 15% transaction fee is implemented to incentivize long-term buying and holding. If you are interested in crypto mining at home, I wrote up my story on How I started mining Bitcoin at home in 2021 which details out various easy to set up at home crypto mining rigs. When you purchase using a Credit Card, you will be able to purchase immediately and have access to trade your coins right away.
Nowadays, most people prefer to use hardware cold wallets, if you want to store a large number of coins or tokens, you can choose to use a hardware cold wallet to store your assets. We’ve found using a credit card is the fastest way to fund your account, however you will have a lower deposit limit. Also be sure to check with your credit card company as some companies actually charge a fee or highest interest for purchasing cryptocurrency using a credit card. As I mentioned at the beginning of this guide, Coinbase makes it very easy to start investing in cryptocurrency.
I’m assuming you are an individual so I will skip the whole business account setup. MAKE SURE to use your real name as Coinbase will use this for account verification. Using this quick step-by-step guide, you can start buying and investing in X2P [Xenon Pay] using major exchanges such as Coinbase and LBank. After your transfer of your crypto from Coinbase to your exchange’s wallet is confirmed, you’ll want to initiate a trade of that specific cryptocurrency for Xenon Pay (X2P). When funding using a bank account you’ll have more purchasing (buying) power than a credit card.