We are thrilled to share that (XAI) is now listed on Coinhako!

What is XAI?

Xai is a layer-3 network built on Ethereum's layer-2 scaling network, Arbitrum. It maintains Arbitrum's core functions while optimizing for gaming. Xai offers:

  1. Account abstraction for simplified user experience
  2. Increased gas and contract limits for developers
  3. Parallel processing for enhanced scalability and efficiency

Xai aims to reduce fees and increase transaction speeds, creating a smoother gaming experience while preserving blockchain gaming's unique elements, such as true ownership of in-game items and tokenized economies. 

XAI tokens serve as gas fees on the layer-3 blockchain and can be exchanged for esXAI tokens for staking rewards. Airdrops reward early users with new tokens, promoting decentralized governance. Staked esXAI allows participation in staking pools, with governance and exclusive access to events and assets planned for Q4 2024.

There is a total supply of 2,500,000,000 XAI and XAI has traded for US $1.60 at its peak. 

🚀 View XAI prices on Coinhako now

How does XAI work?

Xai is an Arbitrum Orbit chain using Anytrust technology for high speed and low costs. Unlike other self-managed Orbit chains, Xai receives direct technical support from Offchain Labs, making it a key strategic gaming initiative within the Arbitrum ecosystem.

The Xai Foundation oversees the ecosystem's strategy and growth, with Offchain Labs providing technical support. Unlike other Orbit chains, Xai features a canonical bridge in the Arbitrum ecosystem. It offers enhanced gas and contract limits, creating a better environment for blockchain game development. Xai also uses its own gas fee token, "XAI".

What can you do with XAI on Coinhako?

🚀 Trade XAI on Coinhako

XAI will be available for users to trade across all swap pairs on Coinhako.

To gain access to any of these trading pairs, you can either:

  1. Fund your SGD wallet on Coinhako instantly with PayNow (or any other supported payment method)
  2. Purchase XAI instantly with Visa / Mastercard

 Please note that the sending and receiving of XAI will not be available for this release.

Risk Warning on Digital Payment Token Services

Hako Technology Pte Ltd ("Coinhako") is licensed to provide digital payment token services under the Payment Services Act 2019 (No. 2 of 2019).

The Monetary Authority of Singapore ("MAS") requires us to provide this risk warning to you as a customer of a digital payment token ("DPT") service provider.

Before you pay your DPT service provider any money or DPT, you should be aware of the following.

  1. Your DPT service provider is licensed by MAS to provide DPT services. Please note that this does not mean you will be able to recover all the money or DPTs you paid to your DPT service provider if your DPT service provider’s business fails.
  2. You should not transact in the DPT if you are not familiar with this DPT. This includes how the DPT is created, and how the DPT you intend to transact is transferred or held by your DPT service provider.
  3. You should be aware that the value of DPTs may fluctuate greatly. You should buy DPTs only if you are prepared to accept the risk of losing all of the money you put into such tokens.
  4. You should be aware that your DPT service provider, as part of its licence to provide DPT services, may offer services related to DPTs which are promoted as having a stable value, commonly known as “stablecoin”.

Visit: Coinhako.com/risk-disclosure for more information.