XION (XION)
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About XION
Xion (XION) is the native token of the Xion blockchain, a Layer 1 network purpose-built for consumer crypto adoption. Developed by Burnt, Xion introduces a user-first blockchain environment designed to eliminate common Web3 barriers such as complex wallet setups, gas fees, and poor user experiences. Its goal is to make decentralized applications accessible to everyone, regardless of their technical background. At the core of Xion is the concept of “Composable Smart Wallets,” which enables users to interact with the blockchain using only a username or email, no seed phrases or browser extensions required. Xion integrates account abstraction and Web2-style UX directly into the protocol layer, making onboarding frictionless for everyday users and developers alike. The XION token serves as the native coin of the network and plays a central role in staking, transaction execution, and governance. It enables economic coordination and security within the protocol while supporting a seamless, feeless experience for end users through abstracted fee models. Developers can build consumer-facing applications without asking users to manage tokens or pay gas, thanks to Xion's infrastructure.
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News
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A South African judge has slammed the South African central bank for using outdated exchange control laws from the apartheid era to regulate cryptocurrencies. Judge: Apartheid-Era Laws Unfit for Cryptocurrency Regulation A High Court judge has criticized the South African…
Ross Ulbricht Given 300 Bitcoin Donation
Ross Ulbricht, the recently freed founder of the Silk Road marketplace, has received a donation of 300 BTC, valued at over $31 million, to his designated donation wallet. The substantial contribution comes as Ulbricht seeks support following his release from…
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Multichoice's Irdeto and Coinbase Unite Against Illicit Cryptocurrency Use
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AI to Transform Web3 Into 'Knowledge Coordination Layer,' Says Openledger’s Ram Kumar
Ram Kumar believes developers are drawn to on-chain artificial intelligence (AI) for its fresh technical puzzles, sustainable business models, and cultural significance. He advises aspiring builders to approach AI as a research project aimed at solving open challenges. Beyond the…
Frequently Asked Questions about XION
What is Xion?
Xion is a Layer 1 blockchain designed for mainstream consumer use. It simplifies crypto interactions by removing gas fees, seed phrases, and complex wallet setups, enabling Web3 access with a Web2 experience.
What is the XION token used for?
XION is the native token used for staking, governance, and securing the network. It powers the economic infrastructure of the Xion blockchain while enabling seamless user interactions.
Where can I buy XION tokens?
XION tokens can be purchased on exchanges like Bybit, Gate.io, Bitget, HTX, and KuCoin. Ethereum and Base token versions are also traded on DEXs such as Uniswap and Aerodrome.
Where can I store XION tokens?
Native XION tokens can be stored using the official Burnt web platform. ERC20 and Base token versions can be stored in compatible wallets, which include Bitcoin.com Wallet, Coinbase Wallet, and MetaMask.
Does Xion charge gas fees?
Xion uses an abstracted gas fee model that allows end users to interact with applications without directly paying gas. Fees are handled on the backend or subsidized, making interactions feeless for users.
What are Composable Smart Wallets?
Composable Smart Wallets are user-friendly wallets that can be created using a username, email, or Web2 login. They support secure, programmable interactions and eliminate the need for seed phrases or manual key management.
What kind of apps can be built on Xion?
Xion is optimized for consumer use cases such as e-commerce, digital identity, Web3 social, loyalty systems, and gaming — any app that benefits from Web3 features without Web3 complexity.
Who is behind Xion?
Xion is developed by Burnt Banksy, a Web3 infrastructure company focused on building products that bring blockchain to everyday users by eliminating technical and UX barriers.