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Obtaining EXCC

Overview

In this article, we explore various methods through which users can obtain ExchangeCoin. There are four fundamental ways to acquire ExchangeCoin, which include:

  • Buying ExchangeCoin using Bitcoin (BTC) or fiat currency
  • Mining ExchangeCoin through Proof-of-Work (PoW)
  • Engaging in proof-of-stake voting to earn ExchangeCoin
  • Contributing to the ExchangeCoin project

Purchasing ExchangeCoin

There is a variety of ways to purchase ExchangeCoin listed on the ExchangeCoin website.

  • Cryptocurrency exchanges enable swapping another cryptocurrency for ExchangeCoin
  • Some of the cryptocurrency exchanges allows to buy cryptocurrency with FIAT, then you can obtain ExchangeCoin for BTC or USDT.

Mine for ExchangeCoin (PoW)

Proof-of-Work (PoW) is a consensus algorithm that employs computational power to generate and validate transactions within the blockchain, creating a secure and tamper-proof ledger. PoW mining shares similarities with the traditional Bitcoin mining process. For more in-depth information on PoW mining, please refer to our documentation here.

Participate in Proof-of-Stake Voting

Proof-of-Stake (PoS) voting is a mechanism through which stakeholders can participate in the governance of the ExchangeCoin network by locking a specific amount of their EXCC tokens. In exchange for locking their tokens, they receive voting rights and a financial incentive for participating in the consensus process. To learn more about the PoS voting process, please refer to our documentation here.

Contribute to ExchangeCoin

ExchangeCoin is actively seeking contractors who are interested in contributing to the project and willing to be compensated in ExchangeCoin. For more information on how to become a contractor and contribute to the ExchangeCoin community, please refer to our Contributing section, which provides details on how to get involved.