New listing: XDC Network

It is with great enthusiasm that we at BCM announce our newest listing: XDC Network. As of now, this coin is available to trade on our platform.

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What is XDC Network?

XDC Network is an open-source blockchain technology focused on improving the performance and scalability of blockchain applications. It was developed by XinFin, a company focused on developing blockchain solutions for businesses. The goal of XDC Network is to solve the problems of slow transactions and high transaction costs experienced when using other blockchain technologies.

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XDC Network uses a hybrid consensus mechanism known as XinFin Delegated Proof of Stake (XDPOS). This mechanism uses both decentralized and centralized elements to improve network performance and security. The network is also built with interoperability in mind, meaning it is compatible with other blockchain technologies.

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The XDC token is the cryptocurrency used to perform transactions and pay for processing dApps on the network. It is an ERC-20 token, which means it is built on the Ethereum blockchain. It is also compatible with the Ethereum Virtual Machine. The XDC Network has low transaction fees and fast transaction times, making it an attractive option for businesses and developers.

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Trading on the BCM platform

For now, the new BCM trading environment is only available on iOS(BCM - Buying Bitcoin & crypto). This means that if you want to trade on the web, it must be done on the old platform(bitcoinmeester.co.uk). Also for Android, the old app will remain available until the new app is ready. All transactions, balances and other information is the same for the different apps and website. Thus, there is no difference in price or offerings.