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How to utilise the XOS blockchain

The crypto-verse is now a new and interesting issue in the trading sector. Companies keep inventing cryptocurrencies and ways to ensure traders investing in their crypto enjoy safety while doing so.

One such platform is the XOS platform which has introduced decentralized crypto, oasis, which they are using to provide a leaderboard ranking for games and esports.

This article goes into detail about the XOS coin, how to buy oasis crypto and how it is fairing in the crypto market in terms of prices and trading volume.

Moreover, it informs you of the efforts of the Oasis platform to ensure traders do not experience hacking and crypto theft.

What is an Oasis coin?

An oasis coin is the decentralized cryptocurrency of the XOS platform. According to oasis network news, the XOS platform uses the oasis coin to create a non-centralized system of nodes. These nodes provide an esports rating leaderboard that monitors data across game platforms and platforms governed by governance voting.

In addition to the above, the oasis coin is a proof of stake/MN cryptocurrency that currently has a very limited circulating and maximum supply in the crypto market. As per the coinmarketcap, the XOS platform currently has a 75%/25% reward system.

The XOS blockchain, which is the XOS platform’s online ledger system, records all the transactions using Oasis crypto.

How to purchase Oasis (XOS) coins.

If you are trying to purchase oasis coins, you will have to trade for them on a cryptocurrency exchange that supports it. Currently, only the southxchange trade platform supports the exchange of oasis coins for stronger currencies. These include:-
 

• Ethereum
• Bitcoin
• USD
• Any other stable coin or fiat currencies.

Individuals trading for the first time will first set up an account with an exchange such as Coinbase to buy Ethereum or bitcoin that you will exchange for the XOS coin. Afterwards, you should establish a storage wallet account to connect with the XOS trading exchange platform, southxchange.

To acquire the XOS crypto, you should follow the following steps:-

1. Signing up on Coinbase.

You sign up on an exchange platform, for example, Coinbase exchange. Afterwards, you will meet Coinbase’s KYC requirements. It means that you will provide private information such as:-
 

• Email
• Name
• Phone number
• Age

After you are done feeling in the KYC information, Coinbase will send you a verification email that will require you to set a two-factor authentication verification security feature.

In addition, Oasis labs are making strategic partnerships and alliances to inform traders on protecting themselves against crypto theft and virus attacks.

2. Select a payment method.

Coinbase exchange platform provides a menu of payment methods from which you can select your most preferred means. The following are three payment methods that you can choose from:

• Bank transfer.
• Credit/Debit card

3. Purchasing Bitcoin/Ethereum cryptocurrency.

After selecting a payment method, you can purchase BTC or an ERC-20 token. You should know how much USD you require for whatever amount of BTC or ERC-20 crypto you acquire. Browse about the market BTC or ERC-20 crypto to USD exchange rates.

4. Establishing a wallet account.

After purchasing a BTC or ERC-20 crypto, you will need a safe place to store it. The crypto-verse offers several wallets such as the Metamask wallet.

Sign up for a wallet and link it to the southxchange exchange platform.

5. Purchasing oasis crypto.

Afterwards, initiate the trade of BTC or ERC-20 crypto for oasis coins. You can choose to purchase the oasis crypto at market or limit price. When you opt for a limit price, the transaction is complete when the market price is the same as the limit price.

The Oasis (XOS) crypto prices

According to the oasis coingecko crypto prices analysis, the XOS crypto has a live price of $0.089746 and a trading volume of $0.00008975 as of 22nd December 2021. Even though coingecko does not identify the XOS market capitalizations and circulating supply, the platform indicates that the total supply is 648,489.

On the other hand, the hedger shows that the XOS coin is currently trading at $0.90 with a daily price deviation of $0.088 - $0.090. In addition to that, the platform also indicates that XOS has a trading volume of $0.00.

Summary

From the above discussion, we can conclude the following:-

• Oasis crypto is a decentralized coin that provides ranking leaderboards to E-sport games to manage data across game platforms. This feature makes the oasis crypto suitable for platforms managed by governance voting.
• If you want to purchase an oasis cryptocurrency, you will have to trade it with other cryptos like BTC or an ERC-20 token.
• In the scenario that you are a first-time trader, all you have to do is set up an exchange and wallet account that will enable you to acquire and store bitcoin and ethereum coins. After that, you can go ahead and acquire an oasis cryptocurrency by exchanging your BTC or ERC-20 token for it on the southxchange exchange platform.
• Oasis is currently trading at $ 0.090 according to the hedger and at $0.089746 according to Coingecko.
• As of 22nd December 2022, Coingecko and hedger report that the XOS has recorded a trading volume of $0.00008975 and $0.00, respectively.
• The hedger indicates that the oasis cryptocurrency price range varied between a high of $0.090 and a low of $0.088.
• Oasis labs lookout for traders ensuring they can minimize theft cases. The platform makes strategic partnerships that enlighten traders on security issues such as ransomware virus attacks, coin theft, and so on. XOS platform makes this effort to stand out in the crypto market and to reduce risks traders face since they already have to deal with the volatility risk when making cryptocurrency stakes.

For a first-time trader interested in oasis crypto, this article will give you a guide on how to go about buying, trading, and investing in oasis crypto.

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