Cryptonite

Cryptonite PriceXCNInactive

A$0.001492

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Cryptonite Price Today

Current XCN/AUD real-time price is A$0.001492, with a 24-hour change rate of +0.00% and a 7-day change rate of +0.00%. XCN currently ranks #5531 globally by market cap, with a total market cap of A$1.057172M, a fully diluted valuation (FDV) of A$1.883624M, and a 24-hour trading volume of A$0. In terms of supply, XCN has a maximum supply of ∞, a current circulating supply of --, with 0.00% already in circulation and 100.00% remaining to be unlocked.

How to Buy and Use Cryptonite

Purchase Guide

Buy in just 4 steps (Register → Verify → Deposit/Purchase → Receive Coins)

  1. 1Register AccountUse email or phone number to quickly complete BTCC registration in under 1 minute.
  2. 2Identity VerificationComplete basic KYC verification to protect your account and assets.
  3. 3Quick TradeSupports credit cards, online banking and other quick purchase methods.
  4. 4Receive CoinsCryptonite is instantly credited to your BTCC account, ready for trading at any time.

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Thank you for your interest in BTCC. Currently, spot and futures trading services for XCN are not supported. As a leading digital asset platform, BTCC is committed to providing a secure and stable trading environment. We recommend completing your account registration and identity verification (KYC) to explore other premium assets and exclusive benefits available on BTCC.

Cryptonite FAQs

What Is Onyxcoin (XCN)? Web3 & Onyx Protocol

Onyxcoin (XCN, formerly Chain Protocol) is an enterprise-grade infrastructure built for Web3 finance, asset tokenisation, and decentralised applications (DApps):
1. Modular & Multichain Architecture: Integrates Onyx Protocol and Onyx Liquidity Protocol, offering a secure foundation for asset onboarding and institutional settlement.
2. DeFi Integration: Supports multichain asset lending and liquidity provisioning to power high-performance Web3 financial services.
3. Institutional Tokenisation Solutions: Provides a compliant on-chain architecture to seamlessly bring traditional financial assets (RWA) and enterprise applications onto the blockchain.

How Onyx Protocol Works: XCN Staking, Gas & DAO

As the primary native token of the Onyx ecosystem, XCN plays several vital roles in driving the network:
1. Gas Payments & Smart Contracts: Users and institutions pay network fees in XCN when executing smart contracts, transferring assets, or calling liquidity modules.
2. Node Staking & Network Security: Participants can lock XCN to maintain node operations, secure consensus, and earn staking rewards.
3. Onyx DAO Governance: XCN holders participate in decentralised voting to drive protocol upgrades, manage fund allocations, and adjust parameters.

XCN Tokenomics: Supply, Fee Burns & Deflation

The economic model of XCN is designed to balance ecosystem growth with long-term scarcity:
1. Fixed Supply & Release Schedule: A defined maximum total supply accompanied by transparent distribution schedules for the community, ecosystem fund, and core team.
2. Dynamic Fee Burns: The Onyx protocol directly burns a portion of transaction and borrowing fees, converting on-chain activity into deflationary pressure.
3. Liquidity Incentives: Attracts Total Value Locked (TVL) through DeFi yields and staking rewards while mitigating market sell-off risks.

XCN vs RENDER vs LINK: Web3 Infrastructure Compared

A comparative analysis of the core focus and features across three major Web3 infrastructure projects: Onyxcoin (XCN), Render (RENDER), and Chainlink (LINK).

CriteriaOnyxcoin (XCN)Render (RENDER)Chainlink (LINK)
Core FocusWeb3 finance and enterprise blockchain infrastructure, asset tokenisationDecentralised GPU rendering network, AI compute, and 3D graphicsLeading decentralised oracle network and cross-chain interoperability (CCIP)
Target AudienceFinancial institutions, DeFi lending protocols, and modular Web3 enterprises3D artists, AI model training teams, game developers, and visual studiosBlockchains (Ethereum, Solana), DeFi protocols, and traditional banks (SWIFT)
Token UtilityGas fee payments, DAO voting, node staking, and transaction fee burnsGPU rental fee payments, node staking, and network governanceStaking (Staking 2.0), oracle data service payments, and security

Summary: XCN focuses on Web3 financial infrastructure and asset liquidity; RENDER specialises in decentralised GPU computing; and Chainlink powers secure cross-chain oracle data connections.

XCN Futures Guide: How to Set TP and SL

Setting proper Take Profit (TP) and Stop Loss (SL) levels is essential for risk management when trading XCN perpetual contracts:
1. Setting Stop Loss (SL): For Long positions, place your SL 1% to 3% below key support levels; for Short positions, place it above resistance to cap potential losses.
2. Setting Take Profit (TP): Target previous swing highs/lows or Fibonacci extension levels to maintain a minimum Risk/Reward Ratio of 1:2.
3. Trigger Price Selection: It is recommended to use the 'Mark Price' as a condition to prevent unexpected liquidations caused by short-term spot wicks.

Onyxcoin (XCN) Live Price, Market Cap & 24h Volume

According to the latest market data, Cryptonite (XCN) is trading at approximately A$0.001492, with a market capitalisation of A$1.057172M, a 24-hour trading volume of A$0, and a circulating supply of --. You can track real-time candlestick charts and order books directly on BTCC.

Key Factors Driving Onyxcoin (XCN) Price Volatility

Four primary factors influence the market price and trend of XCN:
1. Onyx Ecosystem Adoption: The growth of TVL within the Onyx Liquidity Protocol and the expansion of enterprise partnerships.
2. Layer 3 & Modularity Progress: Technical upgrades, cross-chain feature rollouts, and on-chain fee burn volume.
3. Token Unlocks & Supply Pressures: Scheduled token releases for the core team, early investors, or ecosystem funds affecting circulating supply.
4. Overall Crypto Market Liquidity: Bitcoin (BTC) price trends and shifting institutional interest toward the Web3 finance sector.

Onyxcoin (XCN) All-Time High (ATH) and Low (ATL)

Historical market data indicates that Cryptonite (XCN) reached its all-time high (ATH) of A$0.122869 on 2017-06-20 00:05, while its all-time low (ATL) was recorded at A$0.000082 on 2017-06-20 00:05. These historical price extremes serve as essential benchmarks for medium-to-long-term technical support and resistance analysis.

XCN Technical Analysis: Essential Indicators for Futures

Traders can combine the following technical indicators to evaluate XCN futures market trends:
1. Exponential Moving Averages (EMA): Monitor crossovers between the 20 EMA and 50 EMA on 4-hour and daily charts to determine trend direction.
2. Relative Strength Index (RSI): An RSI below 30 signals oversold conditions (potential rebound), while above 70 indicates overbought conditions (watch for corrections).
3. Bollinger Bands: Band contraction signals low volatility, which frequently precedes a strong directional breakout.

How to Profit from XCN Dumps: Short Trading Guide

If technical analysis signals a bearish trend or short-term correction for XCN, you can open a Short position on BTCC to profit from the decline:
1. Fund Transfer: Transfer USDT from your Spot wallet to your BTCC Futures account.
2. Select Contract: Search for the XCN/USDT perpetual contract and adjust your desired leverage multiplier.
3. Execute Order: Enter your quantity, configure your TP/SL parameters, and click 'Sell / Short'.
4. Close Position: Once the price hits your target, close the position to lock in your short-selling profits.

XCN High Leverage Risks & Margin Management Tips

Using high leverage magnifies potential profits but proportionally increases the risk of forced liquidation:
1. Liquidation Thresholds: Utilising 20x leverage means a mere 5% price movement against your position will result in a total margin wipeout.
2. Isolated Margin Mode: Beginners should use low leverage (2x-5x) and Isolated margin mode to cap potential losses strictly to that specific order's collateral.
3. Mandatory Stop Losses: Always configure a Stop Loss order upon opening positions to protect against sudden black swan market volatility.

Risk-Free XCN Demo Account: Practice Futures Trading

BTCC provides a risk-free simulation environment allowing you to test your trading strategies before deploying real capital:
1. Switch to Demo Mode: Log into your BTCC account and toggle your trading interface to 'Demo Trading' mode.
2. Use Virtual Funds: Practice placing orders on the XCN/USDT pair using up to 100,000 USDT in virtual funds provided by the platform.
3. Test Strategies: Experiment with different leverage levels, order types (Limit/Market), and TP/SL configurations safely.

How to Buy & Trade Onyxcoin (XCN): 4 Easy Steps

Getting started with trading Cryptonite (XCN) on BTCC takes just 4 simple steps:
1. Create an Account: Download the BTCC app or visit the official website to register and complete identity verification (KYC).
2. Deposit USDT: Add USDT via credit card, P2P trading, or cryptocurrency transfers from another wallet.
3. Transfer to Futures: Move your USDT balance from your Spot wallet to your Perpetual Futures account.
4. Start Trading: Search for the XCN/USDT trading pair, configure your leverage and amount, and execute a 'Buy/Long' or 'Sell/Short' order.

Cryptocurrency prices are subject to high market risk and price volatility. You should only invest in products that you are familiar with and where you understand the associated risks. The content expressed on this page is not intended to be and shall not be construed as an endorsement by BTCC regarding the reliability or accuracy of such content. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance, and consult an independent financial adviser before making any investment. This material should not be construed as financial advice. Past performance is not a reliable indicator of future performance. The value of your investment can go down as well as up, and you may not get back the amount you invested. You are solely responsible for your investment decisions. BTCC is not responsible for any losses you may incur. For more information, please refer to our Terms of Use and Risk Warning. Please also note that data relating to the above-mentioned cryptocurrency presented here (such as its current live price) are based on third-party sources. They are presented to you on an “as is” basis and for informational purposes only, without representation or warranty of any kind. Links provided to third-party sites are also not under BTCC’s control. BTCC is not responsible for the reliability or accuracy of such third-party sites or their contents.