XEN Crypto advocates for self-custody and encourages individuals to take control of their own assets. This approach promotes transparency, security, and reduces dependence on centralized entities.
XEN offers the possibility of micropayments and content monetization. Furthermore, tokenization of real world assets opens up new investment opportunities.
XEN Crypto is a decentralized cryptocurrency
Security breaches encumbering the crypto space are becoming an ever more serious threat; that is why XEN Crypto prioritizes user safety through cutting-edge encryption technology, to keep user assets and personal information safe and foster trust within the ecosystem. Furthermore, it is the first blockchain network without geographic limitations, creating a global community.
XEN stands out as an alternative cryptocurrency that is truly decentralized and self-custodial, as its owners hold their keys and take full responsibility for their investment decisions. Furthermore, its minting rewards depend on user participation rather than pre-mint or maximum supply limits.
Moralis Money provides an on-chain, real-time token explorer that makes it easy to follow the performance of XEN in the market and make better investment decisions. Not only can Moralis Money show real-time token performance, it offers custom filters and advanced search functionality. Plus it’s free trial membership! To take full advantage of Moralis Money Pro plans.
It is based on a blockchain network
XEN Crypto’s sophisticated blockchain infrastructure facilitates peer-to-peer transactions that reduce transaction costs and time, giving individuals unprecedented control of their financial activities, shifting power away from institutions. To aid this revolution, XEN Crypto places education at the core of its ecosystem – with resources ranging from beginner guides to expert analyses helping users understand cryptocurrency landscape and make informed decisions.
XEN Crypto is unique among cryptos in that its design adheres to core principles such as decentralization, self-custody, transparency and trust through consensus. Furthermore, its global reach offers new investment opportunities and services previously unavailable through traditional financial systems.
It is a self-custodial token
XEN Crypto is an ERC20 token built on the Ethereum blockchain with decentralization, transparency and self-custody as its foundational values. This cryptocurrency represents its principles while meeting challenges like pre-minting or whale activity which could cause price manipulation.
XEN is protected through a Proof-of-Participation consensus mechanism, giving anyone who mints tokens ownership rights. Furthermore, its burn function permanently removes burned tokens from circulation – thus naturally disinflating its supply over time.
Any individual can join the XEN community by connecting their Web3 wallet to its smart contract and minting tokens, but for maximum security it is advisable to store XEN in non-custodial wallets so as to maintain complete control of your private keys and be able to withdraw them whenever desired without incurring gas fees – this way avoiding hackers from taking your coins away!
It is a proof-of-stake token
XEN Crypto is a proof-of-stake token designed to reward participants with XEN tokens for participating. The more XEN you stake, the higher your mint rank and consequently more coins you receive from participating users. According to its team, this approach makes XEN more competitive than other tokens while creating a vibrant community.
Staking requires connecting their wallet to the XEN smart contract and setting an amount of time they would like to wait before getting their coins, ranking their wait time accordingly; as they wait longer, their coins accumulate more. Staking also encourages others to learn about XEN.
XEN stands apart from other blockchains by not having a centralized authority or custodian, giving its holders full ownership and protection against theft or hacking. Furthermore, it provides a transparent mining process without allowing addresses to be altered or dumped; this prevents it from becoming another centralized coin like Bitcoin and other popular blockchains.