Xai (XAI), the 43rd project on Binance Launchpool, is the first Layer 3 network developed on the Arbitrum network. In this article, we will delve into Xai, a standout Layer 3 network. Let’s explore what Xai is, where to buy XAI coin, and much more in this comprehensive guide listed on the cryptocurrency exchange Binance.
What is Xai?
Xai is the 43rd project added to Binance’s massive cryptocurrency Launchpool. Developed on Arbitrum, the first Layer 3 network on Ethereum
$3,358’s Layer 2 scaling solution, Xai is not merely a blockchain but a hub for various blockchain-based games.
Xai offers customers higher transaction speeds and lower costs while maintaining enhanced security and reliability through Ethereum’s robust foundation. Designed to simplify the acquisition and trading of in-game objects without the need for complex cryptocurrency wallets, Xai aims to bridge the traditional gaming industry with the Web3 world. In this open and decentralized network, anyone can operate a node and receive rewards in the form of XAI coins, participating in ecosystem governance. The native asset of the Xai network is XAI coin. XAI serves several key purposes, including transaction fee payments and governance. It is the currency used for all network-based transactions, such as purchasing and selling in-game items. XAI holders have a say in the network’s development by voting on significant proposals and decisions. Network participants running nodes are rewarded with XAI coins.
Where to Buy XAI Coin?
XAI coin can be securely traded on the leading cryptocurrency exchange Binance. It was listed on Binance on January 9, 2024, and is available for trading in the pairs XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY. To purchase XAI coin, you must first register on the Binance exchange if you do not already have an account. After completing the registration process, fiat currency like USD or cryptocurrency must be transferred to your Binance wallet. Once the transfer is complete, you can purchase XAI coins from any of the six trading pairs mentioned above. To buy via the XAI/USDT trading pair, navigate to its interface. Use the limit tab to input the desired purchase amount in the specified field. After entering the amount, complete the purchase by placing a “Buy XAI” order.