+23.44% growth: How to Buy 0xcert (ZXC) – A Step by Step Guide

What is ZXC?

0xcert provides the open-source 0xcert Framework for building powerful decentralized applications (dapps) combined with non-fungible tokens (NFTs). The Framework is a JavaScript library that reduces the time, resources, and issues of developing a dapp. The 0xcert Framework provides support for implementing both ERC-20 fungible tokens as well as ERC-721 non-fungible tokens. The mission is to provide a blockchain-agnostic platform for building dapps. ZXC (fungible ERC-20 token) is the native utility token of the 0xcert protocol and was introduced to align issuing parties with dapps and the community. With the infrastructure built around the system of smart contracts, its primary role is to provide the incentive mechanisms and support the ecosystem with low fees. More information can be found at the 0xcert website (https://0xcert.org/), GitHub (https://www.github.com/0xcert/framework), and the Framework Documentation (https://docs.0xcert.org).

Currently, ZXC is being ranked 1114 on Coinmarketcap and has recently surged a hefty 23.44% at the time of writing.

ZXC has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy ZXC.

Step 1: Register on Coinbase

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC) or Ethereum (ETH). We will use Coinbase here as it is one of the largest crypto exchanges that accept fiat deposits. Use this link to register at Coinbase and you will receive a free amount of $10 worth of BTC after buying $100 worth of cryptos.

Show Detailed Steps ▾

Type your email and click 'Get started'. Make sure you provide your real name as Coinbase will need it for account verification. Choose a strong password so that your account isn't vulnerable to hackers.

You will receive a confirmation email. Open it and click on the link within. You will then be required to provide a valid mobile number to set up two-factor authentication (2FA), it is an extra layer to the security of your account and it is highly recommended that you keep this feature turned on.

Follow the next step to finish your identity verification. These steps are a bit daunting especially when you are waiting to buy an asset but just like any other financial institutions, Coinbase is regulated in most countries such as the US, the UK and the EU. You can take this as a trade-off to using a trusted platform to make your first crypto purchase. Good news is that the whole so-called Know-Your-Customers (KYC) process is now fully automated and it shouldn't take more than 15 minutes to finish.

Step 2: Buy coins with fiat money

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You will be charged higher fees when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence, some countries will offer instant cash deposit with low fees, such as iDeal in some European countries.

Now you are all set, click the "Trade" button at the top left, choose the coin you want to buy and confirm your transaction...and congrats! You've just made your first crypto purchase.

Step 3: Transfer your cryptos to an Altcoin Exchange

But we are not done yet, since ZXC is an altcoin we need to transfer our coins to an exchange that ZXC can be traded, here we will use HotBit as our exchange. HotBit is a popular exchange to trade altcoins and it has a large number of tradable altcoins pairs. Use this link to register your new account.

After going through a similar process as we've done before with Coinbase, you will be advised to set up 2FA authentication as well, finish it as it adds extra security to your account.

Step 4: Deposit BTC to exchange

Good news: since we are trading crypto-to-crypto pairs, there is no need to go through account verification. Just head to the deposit section at the dashboard.

If this is your first time making a crypto deposit, the screen here may look a bit scary. But don't worry, it's basically simpler than making a bank transfer. At the box on the right, you will see a string of random numbers saying BTC address, this is a unique public address of your Bitcoin wallet at HotBit and you can receive Bitcoin by giving this address to the person to send you the funds. Since we are now transferring our previously bought bitcoin on Coinbase to this wallet, click on "Copy Address" or right-click on the full address and click copy to grab this address to your clipboard.

Now head back to Coinbase, go to Portfolio page and click on Bitcoin on your asset list, then click on "Send" on the right.

Under the Recipient field, paste the wallet address in your clipboard, for security consideration you should always check if both address are matching. It is known that there are certain computer malware that would alter the content in your clipboard into another wallet address and you will be essentially sending funds to another person.

Click "Send" to proceed, you should receive a confirmation email instantly, click on the confirmation link in the email and your coins are on the way to HotBit!

Now go back to HotBit and head to your exchange wallets, do worry if you haven't seen your deposit here. It is probably still being verified in the blockchain network and it should take a few minutes for your coins to arrive. Depending on the network traffic condition of the Bitcoin network, during busy times it may take even longer.

You should receive a confirmation notification from HotBit once your deposit has arrived. And you are now finally ready to purchase ZXC!

Step 5: Trade ZXC

Go back to HotBit, then go to Exchange>Basic. Boom! What a view! The constantly flicking figures might be a bit scary, but relax, let's get our heads around this.

In the right column there is a search bar, now make sure "BTC" is selected as we are trading BTC to altcoin pair. Click on it and type in "ZXC", you should see ZXC/BTC, select that pair and you should see a price chart of ZXC/BTC in the middle of the page.

Below there is a box with a green button that says "Buy ZXC", inside of the box, choose the "Market" tab here as that is the most straight-forward type of buying orders. You can either type in your amount or choose what portion of your BTC deposit you would like to spend on buying, by clicking on the percentage buttons. When you have confirmed everything, click "Buy ZXC". Voila! You have finally bought ZXC!

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once ZXC gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Last Step: Store ZXC securely in hardware wallets

If you are planning to keep("hodl" as some may say, basically misspelt "hold" which get popularised over time) your ZXC for a considerable long time, you may want to explore ways of keeping it safe, although Binance is one of the safest cryptocurrency exchange there had been hacking incidents and funds were lost. Because of the very nature of the wallets in exchanges, they will be always online("Hot Wallets" as we call them), therefore exposing certain aspects of vulnerabilities. The safest way of storing your coins to date is always putting them into a type of "Cold Wallets", where the wallet will only have access to the blockchain(or simply "go online") when you send out funds, reducing the chances of hacking incidents. A paper wallet is a type of free cold wallet, it's basically an offline-generated pair of public and private address and you will have it written somewhere, and keep it safe. However, it is not durable and is susceptible to various hazards.

Hardware wallet here is definitely a better option of cold wallets. They are usually USB-enabled devices that store the key information of your wallet in a more durable way. They are built with military-level security and their firmware are constantly maintained by their manufacturers and thus extremely safe. Ledger and Trezor and are the most popular options in this category, these wallets cost around $50 to $100 depending on the features they are offering. If you are holding your assets these wallets are a good investment in our opinion. Use this link to buy Ledger and use this link to buy Trezor.

Frequently Asked Questions

Can I buy ZXC with cash?

There is no direct way to buy ZXC with cash. However, you can use marketplaces such as LocalBitcoins to first purchase Bitcoin, and finish the rest of the steps by transferring your bitcoin to respective AltCoin exchanges.

Buy Bitcoin from local sellers

LocalBitcoins is a peer-to-peer Bitcoin exchange. It is a marketplace where users can buy and sell Bitcoins to and from each other. Users, called traders, create advertisements with the price and the payment method they want to offer. You can choose to buy from sellers from a certain nearby region on the platform. LocalBitcoins is after all a good place to go to buy Bitcoins when you can't find your desired payment methods anywhere else. But prices are usually higher on this platform and you have to do your due diligence to avoid getting scammed.

Are there any quick ways to buy ZXC in Europe?

Yes, in fact, Europe is one of the easiest places to buy cryptos in general. There are even online banks which you can simply open an account and transfer money to exchanges such as Coinbase and Coinmama.

Popular online banks in Europe are Bunq, N26 and Revolut. Check out this article for more information about these banks.

Are there any alternative platforms to buy ZXC or Bitcoin with credit cards?

Yes. Changelly is also a very easy to use platform for buying Bitcoin with credit cards. It is an instant cryptocurrency exchange that allows you to exchange crypto fast and buy it with a bank card. Its user interface is very easy to use and the buying steps are pretty self-explanatory.

Latest News for ZXC

0xcerta month ago
Check out this poll and vote for ZXC! #Ethereum #NFT #ERC721 #ETH #open-source #ZXC https://t.co/jGO4gLlZZq
0xcerta month ago
🗣️ Blockchain in the world of art! Check out how blockchain enables proof of ownership and uniqueness of art!… https://t.co/rDtLMuT0uU
0xcerta month ago
🗣️ Update: 15,000,000.00 ZXC burned! 0xcert just used 0xcert Burner to burn a new batch of tokens. 🚀 #Ethereum… https://t.co/96JeIwGIsD
0xcerta month ago
🗣️ New package for developers: The 0xcert module for Ethereum Name Service domain management on the Ethereum blockc… https://t.co/MU89rnaECc
0xcert2 months ago
👀0xcert in the national media! 🗞The Slovenian @finance_si picked up the story about #0xcert enabling proof of owner… https://t.co/szXOIX7e0n

You might also like