How to Buy InfinitX (INX) in 2024
InfinitX is a platform powered by BNB Chain that allows you to earn passive income, in the form of XRP, by simply holding the network’s native INX tokens in your wallet. Keep reading to find out more about InfinitX’s growing ecosystem and how you can buy INX.
How to Buy InfinitX
InfinitX isn’t available for purchase on any major crypto exchanges but can be bought in a few quick steps on decentralised exchanges (DEXs) like PancakeSwap.
1. Sign up with a platform
The first thing you’ll want to do is register with the trusted major exchanges and brokers we have picked out for you below. To verify your identity, you should provide a photo ID and your proof of address.
2. Purchase BNB tokens
In order to buy InfinitX, you’ll have to swap it for BNB on PancakeSwap. You can buy BNB on centralised exchanges through a number of payment options like Visa, PayPal, and Mastercard.
3. Send your BNB to a Web 3.0 wallet
You’ll need to create a Web 3.0 wallet like MetaMask or Trust Wallet to send your BNB tokens to. Once you’ve done this, you’ll be able to transfer your BNB tokens by pasting your web wallet address into the “Withdrawals” section of your chosen exchange.
4. Connect your wallet to PancakeSwap
You can sync your web wallet to PancakeSwap by heading to its website and clicking the “Connect Wallet” tab on the top right corner of the page. This is an instant and cost-free process.
5. Swap your BNB for InfinitX
You’ll now be able to swap your BNB for InfinitX by entering the amount of tokens you want to exchange. To make things easier for you, here’s a link that transports you directly to the BNB/INX trading pair on PancakeSwap.
Where to Buy InfinitX?
You should remember that you must first purchase BNB to buy InfinitX. You can buy BNB on a range of platforms known for their onboarding experiences, privacy features, and low transaction costs..
Things to Consider When Buying InfinitX
It is important that you carry out your own research on the mechanics and roadmap of InfinitX before you move to buy it. Here are a few points that could help you out with this decision.
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Rebasing. The supply of INX is periodically reduced to create deflationary pressure and maintain the value of your tokens. Rebasing protects your investment against price fluctuations and market volatility.
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The Power of DeFi. InfinitX lets you earn passive income on your INX without having to go through the opaque banking system. Over $360,000 worth of XRP has already been directly deposited to the web wallets of almost 10,000 INX holders.
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Innovative Ecosystem. InfinitX is working toward integrating blockchain gaming on its platform. The arrival of play-to-earn gaming on InfinitX could see demand for INX tokens surge as they would be used for all transaction fees and in-game rewards.