Onyxcoin (XCN) is the decentralized governance and utility token of the Onyx Protocol. It serves several purposes within the Onyx ecosystem:

1. Governance: XCN holders can vote on community programs and protocol improvement plans through the Onyx DAO, ensuring that the community has a say in the development and direction of the protocol.

2. Utility: XCN is used for various services within the Onyx ecosystem. It provides discounts on premium plans, acts as a payment method for Onyx Cloud and Sequence fees, and is required for node deployment.

3. Staking: XCN holders can stake their tokens to secure passive income and participate in the validation process of the network.

4. Payment: XCN can be used as a means of payment for commercial fees within the Onyx ecosystem.

Overall, XCN plays a central role in the Onyx Protocol, facilitating community-driven governance, providing utility for various services, and enabling staking and payment functionalities.

To store Onyxcoin (XCN) tokens, you can use various cryptocurrency wallets that support XCN. Here are some options:

• Ledger Hardware Wallet: Ledger offers cold storage wallets that store your private keys offline, providing a high level of security against malicious attacks. You can select and purchase a Ledger wallet, such as the Nano S Plus or Nano X, and use it in conjunction with a compatible third-party wallet to manage your Onyxcoin assets.
• MetaMask: MetaMask is a popular web-based wallet that supports Onyxcoin. You can add XCN to MetaMask like any other ERC-20 token, allowing you to manage your Onyxcoin funds directly within your web browser.
• Trust Wallet: Trust Wallet is another option that supports Onyxcoin. It offers a secure and user-friendly interface for managing your XCN tokens.
• Other Wallets: Additional wallets that support Onyxcoin include imToken, Torus, Coinbase, TokenPocket, and iToken Wallet. Each wallet has its own features, fees, and security considerations, so it is essential to research and choose the one that best fits your needs.

When selecting a wallet, consider factors such as security, convenience, features, and fees to ensure you find the best option for storing and managing your Onyxcoin tokens.

To buy Onyxcoin (XCN) tokens, you can follow these steps:

1. Create a KuCoin Account: Sign up with your email address, mobile phone number, and country of residence. Set a strong password to secure your account.
2. Secure Your Account: Enable Google 2FA, anti-phishing code, and trading password for stronger protection.
3. Verify Your Account: Enter personal information and upload a valid Photo ID.
4. Add a Payment Method: Add a credit/debit card or bank account after verifying your account.
5. Buy Onyxcoin (XCN): Use various payment options to buy Onyxcoin. You can buy stablecoins like USDT and then exchange them for XCN on the KuCoin spot market.

1. Create a Gate.io Account: Register and set up your account.
2. Deposit Funds: Deposit funds using a variety of methods.
3. Buy Onyxcoin (XCN): Use your deposited funds to purchase Onyxcoin.

1. Create a Trust Wallet: Download and set up a Trust Wallet.
2. Buy Ethereum (ETH): Buy ETH on Binance and transfer it to your Trust Wallet.
3. Choose a Decentralized Exchange (DEX): Select a DEX that supports your wallet, such as 1inch.
4. Connect Your Wallet: Connect your Trust Wallet to the DEX.
5. Trade ETH for Onyxcoin (XCN): Swap your ETH for Onyxcoin on the DEX.

1. Create a Coinbase Account: Download the Coinbase app and sign up.
2. Add a Payment Method: Connect a payment method like a bank account, debit card, or wire transfer.
3. Select Onyxcoin (XCN): Choose Onyxcoin from the list of assets.
4. Enter the Amount: Input the amount you want to spend in your local currency.
5. Finalize Your Purchase: Preview and confirm your purchase.

1. Choose an Exchange: Decide whether to use a centralized exchange (CEX) or decentralized exchange (DEX).
2. Buy USDT, ETH, or BNB: Use fiat to buy these cryptocurrencies first.
3. Swap for Onyxcoin (XCN): Exchange your purchased cryptocurrency for Onyxcoin on the chosen exchange.