Beaxy allows you to trade ICX with convenience and peace of mind. Our user interface is customizable and can be optimized for beginners and experts alike. Reduce your risk by storing ICX in our custodied wallets.
To access all of Beaxy’s features:
– Register at Beaxy.com/register
– Complete Verification
– Fund your account – Make a deposit or buy crypto with your credit or debit card
– Start Trading!
Simplify your ICX trades on Beaxy. Get access to comprehensive market analysis that takes the complexity out of trading. Traders can take advantage of features like Trender, a swipe trading app. You can buy bitcoin and ethereum instantly when you pay with a credit or debit card. Or connect to our trading API which features both REST and FIX for algorithmic traders to be maximally efficient.
Converting ICX to other currencies
Want to convert ICX to your national currency? Check the converter above to see what the conversion rate is. Simply select your FIAT currency to see what the price of ICX is. The best part is you can place an order for ICX directly from the converter once you select your currency!
ICX was developed by the ICON team because they felt that decentralized, consensus-driven, and blockchain-based technology had too many limitations. The project believes that there are a lot of use cases for blockchains outside of the more common uses such as a currency or store of value. The ICX team aims to enable more developers and clients to use blockchains to perform business-related tasks that are not solely dependent on the movement of digital currency. To achieve that goal, the ICON team maintains a five-pillar organization that consists of community, C-Node (the code used by each node on the network, C-Rep (a group of C-Nodes), ICON Republic, and Citizen Node.
ICX is a digital token used in conjunction with ICON’s technology. ICON is a key member of the Blockchain Interoperability Alliance, along with Wanchain and The Open Application Network. The ICON team aims to create a decentralized protocol that will enable independent blockchains that have different governance structures to interact with each other without intermediaries. Korean-based ICON wants to “hyperconnect the world” by building one of the largest decentralized networks in the industry. It aims to achieve this using smart contracts allowing multiple, isolated blockchains to exchange information with one another via its central node, the ICON Republic. Additionally, ICON has developed its own decentralized exchange or DEX. ICON has a growing list of impressive partnerships. These include layers, a leading Japanese blockchain consultancy, and South Korean conglomerate Samsung. The Icon Network is run by a proprietary protocol engine that is named “Loopchain” that can process hundreds of transactions per second. Loopchain enables the network participants to activate BFT-DPoS (Delegated Proof-of-Stake) as well as the economic-governance protocol called DPoC (Delegated Proof-of-Contribution).
There are approximately 500,000,000 ICX tokens in the circulating supply. When all of the ICX tokens haven eventually been created, there will be a total of 800,000,000 ICX in circulation. Of the total amount of the ICX supply, 400,000,000 of 50% are were dedicated to the original project funding that was held as an ICX token sale. 128,000,000 or 16% of the total supply is allocated to the treasury reserve which ensures that project upgrades and developments can continue into the future. 80,000,000 or 10% of the total supply was given to the ICON core team which worked to develop and maintain the protocol. An additional 80,000,000 ICX or 10% of the total supply was given to strategic partners and the ICX community to help grow the adoption of the digital currency. The remaining 112,000,000 or 14% of the ICX tokens was allocated to the ICON Foundation. Icon (ICX) reached its all-time high price of $12.64 per ICX on January 9th, 2018. To trade the Icon (ICX) token, create and account on Beaxy or log into your account if it is already verified. Once you are in your funded account, you can utilize the ICX-BTC trading pair to move in and out of the ICX token.