How to Buy XNK with US Dollars

How to Buy XNK with US Dollars

 Ink Protocol, recognized by the ticket XNK, is a cryptocurrency that operates on the Ethereum platform. By providing decentralized person to person payments, XNK remove uncertainty for buyers by providing a reputation system and the ability to pay with an escrow. In a similar sense, XNK provides a decentralized, independent and public reputation system for sellers, allowing them to bring this system anywhere online. With technological advancements being a regular for Ink Protocol, their marketplace platform can be integrated into new or existing markets, allowing these marketplaces to have no need of handling payments directly. 

XNK has garnered quite a bit of attention and success throughout the world of transactions, particularly peer-to-peer transactions. At the time of writing, Ink Protocol has a current supply of 500,000,000 with 427,113,381.96 tokens in circulation. With a price of $0.00153114, XNK is up approximately 3% in the past 24 hours. The 24-hour trading volume of XNK sits at $50,562.56 with approximately two active trading markets that continue to hold the coin for sale or exchange. With a market cap of $634,619, Ink Protocol positions itself as #1588 on the CoinMarketCap ranking platform. 

To purchase XNK with US Dollar, you can take a few different steps at first. There are a handful of platforms that allow buyers to purchase a more mainstream cryptocurrency like Bitcoin or Ethereum with fiat currency – I would recommend looking into Coinbase or a highly-reputable platform. You can use my links, hyperlinked to the term “Coinbase” in the previous sentence! Once successfully registered on the selected platform, the user will then select a wide variety of payment methods offered to purchase a larger named cryptocurrency like Bitcoin or Ethereum. This digital asset will be used at a later time to purchase XNK. 

Now that you have successfully signed up for the platform of your choosing, you have the ability to use your US Dollar to purchase a cryptocurrency of your desire. It will be easiest for you to add a bank account, debit card or credit card to the respective account at hand (assuming you are using Coinbase). Once that is done, you can then purchase your desired amount of BTC or ETH, which you will then transfer to an alternative website. The best website to sign up on for ease of trading would be Binance, as it is user friendly and allows for the quick transferring of digital assets. Whichever website you select to sign up on, simply transfer your BTC or ETH over to this new wallet. Once it is transferred into the wallet with the necessary amount of transaction confirmations, you will simply purchase XNK using the respective coin that you purchased with fiat currency. 

You have now completed the necessary steps and processes to purchase XNK – when you wish to withdraw some money or convert it back to cash, simply do these listed steps in reverse!

Magic21

I am a computer engineer more interested on blockchain technology and bitcoin.

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