Before we talk about Xos Crypto (OASIS) which has been mainly in talks let’s discuss something which is a wider picture.
In a span of just a few years cryptocurrencies have grown at an insane pace from being just a testing alternative currency that was created merely for fun and absolutely not with the intention which it is currently in.
In the span of just a few years cryptocurrencies have grown at an insane pace from being just a testing alternative currency that was created merely for fun and absolutely not with the intention which it is currently in. It has grown multiple folds to a trillion-dollar technology with the obvious potential to trigger the global financial system. Bitcoin and other cryptocurrencies like xos crypto are being potential dominant investments as they are being held more in those terms.
Currently, they are used to buying everything ranging from software to real estate and likes.
Table of Contents
What is Xos Crypto?
Xos Crypto OASIS was launched on May 26th, 2018 as a community takeover, which was a continuation of the 2017 project which was discarded by the original creators and now it aims to bring together the community of gamers and esports participants by introducing a decentralized network of nodes to provide gamers a rankings leaderboard across various games and platforms determined with the help of governance voting.
Xos Crypto (OASIS) is a PoS/MN cryptocurrency, based upon PIVX codebase with a relatively smaller circulating and predicted supply. Presently with a 75/25 percent rewarding structure and 0.2 OASIS per block, Moreover Masternodes currently receive 0.15 xos crypto per reward and PoS receives 0.05 xos crypto. The further decrease to 0.15 will be at Block 3153601. After around 22 years, a projected supply of 1,440,144 xos crypto (OASIS) will have been created.
With a speculated supply that will still take many years to reach around one million, xos crypto has a level of scarcity that is surely not seen in many other cryptocurrencies.
Should You Invest In Xos Crypto?
When the Cryptocurrencies market has fallen an average of 15% overall in December 2021, it is questionable whether you should invest in Xos crypto, as of now xos is seem to be a not-so-good long-term investment. However xos stock predictions are updated every 5 minutes and it should not be judged by the rapid fluctuations but obviously, since it is an unpredictable market we are talking about observing a particular cryptocurrency like xos coin may curate a different picture.
Where can you buy Xos Crypto?
To purchase OASIS(XOS) on the majority of cryptocurrency exchanges, you will need to already have Bitcoin(BTC) or Ethereum (ETH) to trade with. The good news for you is that you can readily buy either of the cryptocurrencies at Coinbase using your Credit Card or even your Bank Account.
Note: There are definitely other platforms as well where you can purchase Bitcoin(BTC) and Ethereum(ETH) but I’m focusing on Coinbase as it is one of the best and easiest to use for new investors in Cryptocurrency.
Step One:
Enter your email address in the get started box. Please make sure that the email address that you have provided you have full access to it and it is the most secure email as this will be your sign-in email for your Coinbase account. You will get further prompts to proceed as you go further on creating your Coinbase account.
Step Two:
Make your first purchase of Bitcoin (BTC) or Ethereum (ETH) at Coinbase.
As we mentioned earlier at that the Coinbase makes it very easy even for the beginner who is investing in cryptocurrency. All you need to do is to head over to BUYS pages and select the currency that you wish to purchase.
Step Three:
Now it’s time to make a purchase of OASIS (XOS) using your Bitcoin (BTC) or Ethereum (ETH) investment from Coinbase. Since Coinbase only allows you to purchase Bitcoin, Bitcoin Cash, Ethereum, and Litecoin, furthermore you will need to transfer your BTC or ETH investment to another cryptocurrency exchange. I know it definitely sounds hectic and painful but to honest, it really isn’t
Right now you can buy OASIS(XOS) at a variety of cryptocurrency exchanges including SouthXchange.
Investing in cryptocurrencies and other Initial Coin Offerings (“ICOs”) is highly risky and speculative, and this article is not a recommendation by askmemoney.com or the writer to invest in cryptocurrencies or other ICOs. Since each individual’s situation is unique, a qualified professional should always be consulted before making any financial decisions. Askmemoney makes no representations or warranties as to the accuracy or timeliness of the information contained herein.
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Great article.