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Bitget Pre-market supports XION (XION) pre-market trading. You can buy and sell XION at your preferred price and quantity before XION is officially listed on the Bitget spot markets.
XION (XION) converter and calculator

XION (XION) converter and calculator

Convert 1XION (XION) to United States Dollar (USD) equals $ 0 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of XION(XION) to United States Dollar(USD). This is the real-time data. The current conversion shows 1 XION at a value of 1 XION for 0 USD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

About XION (XION)

What Is XION?

XION is a Layer-1 blockchain designed to simplify Web3 adoption by eliminating the complexities traditionally associated with blockchain technology. Purpose-built for enhancing user experience, XION integrates advanced functionalities like account abstraction, signature flexibility, and gas fee elimination directly into its protocol. This makes blockchain technology more accessible to non-crypto-native users, while still catering to the needs of experienced developers and users.

By leveraging a unique Generalized Chain Abstraction layer, XION streamlines critical operations like account management, cross-chain interoperability, and transaction processing, enabling smoother interactions with decentralized applications (dApps) and fostering broader adoption across various user groups.

How XION Works

XION operates through a suite of built-in abstraction mechanisms aimed at removing technical barriers in blockchain usage. Key components include:

1. Generalized Chain Abstraction

This overarching framework removes complexities at multiple levels:

  • Accounts: Meta Accounts offer modular account abstraction, allowing users to interact using email, biometrics, or other familiar methods.

  • Signatures: Users can sign transactions with various cryptographic methods, supporting both Web2 (email, FaceID) and Web3 (Solana, Ethereum curves) standards.

  • Payments: Gas fees are replaced with token-agnostic payment systems, enabling fiat-based pricing and direct transactions via credit or debit cards.

  • Interoperability: Built on the Inter-Blockchain Communication (IBC) protocol, XION ensures seamless data and asset exchange across different blockchains.

2. Meta Accounts

A standout feature of XION, Meta Accounts decouple traditional private-public key models. They allow users to:

  • Recover accounts through multi-factor authentication.

  • Securely access accounts across devices.

  • Batch transactions for faster processing.

  • Set custom rules, such as transaction limits or recurring payments.

3. Scalable and Secure Infrastructure

XION employs the Cosmos SDK and Comet BFT consensus for high throughput, instant transaction finality, and enhanced security. These technologies make XION interoperable with other blockchains and highly adaptable for developers creating consumer-facing applications.

What Is XION Token Used For?

The XION token is the native cryptocurrency of the XION blockchain, with a total supply of 200 million tokens. It is used primarily for transaction processing, staking, and governance. While XION’s fee abstraction layer eliminates the need for users to pay traditional gas fees, the network still utilizes XION tokens to facilitate and validate transactions behind the scenes. Validators stake these tokens as part of the network's consensus mechanism, ensuring blockchain security and functionality while earning rewards for their participation.

The XION token also plays a role in governance and interoperability within the ecosystem. Token holders can participate in decision-making processes, such as voting on protocol upgrades or changes to the network’s functionality. Additionally, the token supports cross-chain interactions through the Inter-Blockchain Communication (IBC) protocol, enabling smooth data and asset transfers across different blockchains. These applications position the XION token as a key component of the blockchain’s infrastructure.

What Are the Use Cases of XION?

XION supports a wide range of applications across different industries, enabled by its innovative protocol-level features. These include:

  1. Global Payments and Messaging

XION integrates gasless, cross-border payments directly into messaging platforms, enabling users to send funds or communicate seamlessly.

  1. Digital Banking

Through Meta Accounts, users can set session keys for secure, temporary access, define custom transaction rules, and recover accounts using multifactor authentication.

  1. Gaming Applications

XION supports gasless transactions and batch processing, ensuring smooth, real-time gameplay without risking the user’s digital assets.

  1. Creator Economy

The platform enables subscription-based accounts with automated payments, benefiting content creators and their audiences.

  1. Decentralized Cloud Storage

Families or teams can access shared data securely across devices, with customizable permissions for viewing or editing files.

  1. Cross-Chain dApps

Developers can leverage XION’s interoperable infrastructure to create applications that interact across multiple blockchains without the need for separate accounts or wallets.

Conclusion

In conclusion, XION is a Layer-1 blockchain designed to simplify Web3 adoption by addressing technical barriers and enhancing user accessibility. With features like Meta Accounts, gas fee abstraction, and cross-chain interoperability, it caters to diverse use cases, including digital banking and global payments. The XION token plays a critical role in powering transactions, enabling governance, and supporting interoperability, making it a central component of the ecosystem. This positions XION as a flexible platform for users and developers navigating the blockchain space.

XION to USD conversion rate trend

The price of XION has not been updated or has stopped updating. Information on this page is for reference only.

Start by learning the basics of XION: What is XION and how does XION work?

You can also check other cryptocurrency converters, such as BTC to USD and ETH to USD.

Bitcoin conversion tables

BTC to USD

Amount
28/11/2024 06:51 today
0.5 BTC
$47,762.66
1 BTC
$95,525.32
5 BTC
$477,626.6
10 BTC
$955,253.2
50 BTC
$4,776,266
100 BTC
$9,552,532
500 BTC
$47,762,660
1000 BTC
$95,525,320

USD to BTC

Amount28/11/2024 06:51 today
0.5USD0.{5}5234  BTC
1USD0.{4}1047  BTC
5USD0.{4}5234  BTC
10USD0.0001047  BTC
50USD0.0005234  BTC
100USD0.001047  BTC
500USD0.005234  BTC
1000USD0.01047  BTC

Ethereum conversion tables

ETH to USD

Amount
28/11/2024 06:51 today
0.5 ETH
$1,796.23
1 ETH
$3,592.47
5 ETH
$17,962.33
10 ETH
$35,924.66
50 ETH
$179,623.28
100 ETH
$359,246.56
500 ETH
$1,796,232.8
1000 ETH
$3,592,465.6

USD to ETH

Amount28/11/2024 06:51 today
0.5USD0.0001392  ETH
1USD0.0002784  ETH
5USD0.001392  ETH
10USD0.002784  ETH
50USD0.01392  ETH
100USD0.02784  ETH
500USD0.1392  ETH
1000USD0.2784  ETH
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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between XION and USD.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as XION and USD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of XION in USD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.