What is Chain (XCN)? How does it Work?

Chain is a blockchain-based technology company that was created with the aim of providing better financial services. Chain was developed by Adam Ludwin. The native token of Chain is XCN. In this article, you can find answers to the questions of what is Chain (XCN), how does Chain (XCN) work, how to buy Chain (XCN) and how to trade XCN/TRY and XCN/USDT trading pairs.

Topics you will read in this article;

What is Chain (XCN)?

How Chain (XCN) Works?

How to Store Chain (XCN)?

How to Buy and Sell Chain (XCN)?

What is Chain (XCN)? How Does it Work?

Chain is a blockchain-based technology company that claims to provide a wiser economic model. Chain creates cryptographic ledgers and cloud infrastructure that supports Web3 services and financial products. Organizations can launch a blockchain network by using the Chain platform. The Chain platform can support the interoperability of multiple independent networks.

Chain was founded in 2014 by Adam Ludwin. The company is headquartered in San Francisco, United States. Chain platform has raised more than $40 million in funds from many corporate companies such as Visa, Nasdaq, and Orange.

XCN, the native token of Chain protocol, is the governance token used to vote for improvement proposals and innovations in the network. XCN is also used as a payment method for transactions made on the network and allows users to earn discounts on the transactions they perform on the platform.

XCN enables platform participants to use premium features. The token is built on the Ethereum blockchain and works with the ERC-20 standard.

The total supply of XCN is capped at 53,470,523,779 units.

You can reach Chain’s website at https://www.chain.com/.

You can access the white paper where you can find all the basic and technical information about Chain at https://assets.chain.com/mkt_site_v2/wp.pdf.

How to Store Chain (XCN)?

XCN, the native token of the Chain platform, which was created to provide better financial services, is ERC-20 based. You can manage your XCN balances with desktop, mobile and hardware wallets that support ERC-20 based Ethereum assets.

How to Buy and Sell Chain (XCN)?

You can use the BtcTurk | PRO mobile application or website to buy and sell Chain (XCN) with Turkish lira and Tether. If you are not a member of BtcTurk, you can become a member immediately from our website or mobile application and start trading Chain (XCN) by sending Turkish lira 24/7 with 7 contracted banks.

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