How And Where To Buy Chia (XCH) – Detailed Guide
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Looking to buy Chia? No problem, we've picked out the best and most updated exchange to buy Chia, with the lowest fees and the best security. Check out our step-by-step guide below.
1 Create a free account on Gate.io
Gate.io is a secure and centralized exchange where you can buy Chia with your credit card or bank account. You will only need to create an account and verify your identity to start trading.Sign up on Gate.ioSign up on MXC2 Choose your preferred payment method
Note: In many case, it is easier to buy Chia using stablecoin such as USDT or USDC, as many exchanges will have XCH/USDT trading pairs. With this you will have more options in setting the desired price to buy Chia without any extra fees.
Buy Chia with Debit/Credit Card
If you are new to cryptocurrency, this is the easiest and quickest way to buy Chia.
- Tap "Quick Buy" on the Gate.io website or app.
- Choose Chia and the amount you want to buy
- Choose "Debit/Credit Card"
- Add your credit card details according to the instructions
- Confirm the amount you want to purchase
- After confirming with the issuing bank of your credit card, the purchased Chia will appear in your spot wallet balance!
Buy Chia with Bank Transfer
- Tap "Quick Buy" on the Gate.io website or app.
- Follow the same steps above, but choose "Bank transfer" instead
- Depending on your country of residence, you will be required to enter your bank account details differently, follow the instructions on screen
- Confirm the amount to purchase
- The corresponding amount of Chia should now be in your wallet balance
Other payment methods
There are multiple payment options depending on your country of residence, such as Google Pay or Apple Pay, or some other third party providers such as MoonPay or Simplex. You can even buy Chia with cash in some countries with P2P purchase. Please check out the Gate.io website for more information.
3 Store Chia securely in a hardware wallet
It is always recommended to store your Chia in a hardware wallet as it is the safest way to hold your Chia long term. Hardware wallets are physical devices that store your Chia offline, away from hackers. You can easily transfer your Chia from the exchange to your wallet and vice versa, the best wallet for storing Chia is the Ledger Nano S or Ledger Nano X.
Get Ledger nowAll About Chia
Chia Network (XCH) is a blockchain that uses a custom-designed programming language called Chialisp and a consensus mechanism called proof-of-space-and-time (PoST) to achieve energy efficiency without compromising network security. Founded by Bram Cohen, the creator of BitTorrent, in 2017, Chia Network is a public, for-profit company aiming to list on a stock exchange. It combines proof-of-space with proof-of-time, a novel approach to consensus, and has its own programming language, Chialisp, which is smart contract-compatible. Chia Network has a unique governance structure, eschewing a decentralized autonomous organization (DAO) in favor of a traditional joint-stock corporation. The current supply of XCH is 22,582,025, with a schedule for farming rewards that will gradually decrease over time.
Chia
XCH
Rank
#431
$2.94
-4.81%Market cap$42.32MVolume (24h)$2.03MCirculating supply14.41M XCHTotal supply33.19M XCHChia Market Sentiment
BullishBearish61.1% 38.9% Long CHIAShort CHIATotal votes: 27.6K
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