Xai (XAI), the 43rd project on Binance Launchpool, is the first Layer 3 network developed on the Arbitrum network. In this article, we will examine Xai, which stands out as a Layer 3 network. Now, let’s move on to our article where we answer many questions such as what Xai listed on the cryptocurrency exchange Binance is, and where to buy XAI coin.
What is Xai?
Xai is the 43rd project added to the Binance launchpool. As the first Layer 3 network developed on Arbitrum, Xai is built on top of Ethereum’s Layer 2 scaling solution Arbitrum. Xai is essentially a hub for various blockchain-based games rather than being a blockchain itself.
Xai offers customers higher transaction speeds and lower costs while providing higher security and reliability based on Ethereum’s strong foundation. Developed to facilitate the easy acquisition and trading of in-game items without the need for complex cryptocurrency wallets, Xai aims to merge the traditional gaming industry with the Web3 world.
In this open and decentralized network, anyone can run a node, in other words, a node, and in return, be rewarded with XAI coin and participate in ecosystem governance.
The native asset of the Xai network is the XAI coin. XAI coin serves many important purposes including paying transaction fees and participating in governance. XAI is a currency used for all network-based transactions such as purchasing and selling in-game items in games. XAI holders have a say in the development of the network by voting on important proposals and decisions. Network participants who run nodes are rewarded with XAI coin.
Where to Buy XAI Coin?
XAI coin can be securely bought and sold from the leading cryptocurrency exchange Binance. XAI coin was listed on Binance on January 9, 2024, and is available for trading in XAI/BTC, XAI/USDT, XAI/BNB, XAI/FDUSD, XAI/TUSD, and XAI/TRY trading pairs.
To buy XAI coin, one must first register on the Binance exchange if not already a member. After completing the registration process, cryptocurrency or fiat currency such as Turkish Lira should be transferred to the account wallet on Binance. Once the transfer is complete, XAI coin can be purchased from any of the above six trading pairs.
To make a purchase in the XAI/USDT trading pair, one should first go to the interface of this trading pair. In the limit tab of the trading pair interface, the desired amount to be purchased is entered. After entering the amount, the purchase is completed with the XAI Buy order.
