Onyx Protocol, operating as a decentralized finance (DeFi) platform, is an infrastructure that offers various services to its users through smart contracts. Onyx Protocol operates on the Ethereum blockchain.
Among the services offered by Onyx Protocol are token swapping, staking, and collateral-backed borrowing and lending. These services support the cryptocurrency standards ERC-20, ERC-721, and ERC-1155. The ERC-721 and ERC-1155 standards represent cryptocurrencies in the form of NFTs.
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What is Onyx Protocol (XCN)?
Onyx Protocol’s native cryptocurrency, XCN, runs on the Ethereum blockchain. Created using the ERC-20 token standard, XCN is the primary asset used within Onyx Protocol’s services. Only holders of the XCN token have the right to vote on changes to the protocol. Therefore, XCN also serves as a governance token.
How to Store Onyx Protocol (XCN)?
XCN operates on the Ethereum blockchain and follows the ERC-20 token standard. You can store your XCN assets in wallet applications that support the ERC-20 standard, including desktop, mobile, hardware, and browser wallets.
How to Buy and Sell Onyx Protocol (XCN)?
You can buy and sell Onyx Protocol (XCN) with Tether (USDT) using the BtcTurk | Global website or mobile app. If you’re not yet a member, you can easily register on our website or app and buy Onyx Protocol (XCN) by depositing cryptocurrency.
