Please note: like most trading venues, we display the current mid-market rates in our price charts. When you trade, you get the current bid or ask price depending on whether you are buying or selling. There is always a slight difference between the mid-market and the current bid or ask prices. This is a natural result of how Exchange order books work.
Note: this cryptocurrency is not available for withdrawal to external crypto wallets. It can be bought, held, and sold on Uphold.
About Chia (XCH)
Chia (XCH) is the native digital currency of the Chia Network. Introduced in May 2021, Chia was designed by Bram Cohen, the creator of the peer-to-peer file-sharing system BitTorrent, as a decentralized blockchain to achieve greater energy efficiency than other crypto assets.
Presented as the “green crypto,” XCH is created through a process dubbed “farming,” a more eco-friendly version of mining. Rather than creating coins through an energy-intensive process of solving complex equations through a traditional Proof-of-Work (PoW) model, Chia farmers harvest XCH through a “Proof-of-Space-and-Time" (PoSt) process intended to maximize storage space.
The point of the Chia PoSt process is to allow network participants to demonstrate that they have been collaboratively storing data over measured time periods. Under the Chia protocol, a farmer will initially expend energy creating "plots" on hard drives but will subsequently utilize the energy-efficient resource of drive space over the following years to participate in the consensus mechanism used to verify new entries on the Chia blockchain. In simple terms, this means that farmers will load up unused computer storage space with strings of digits used to validate transactions.
How to buy Chia (XCH)
With Uphold, you can buy digital currencies in just 11 clicks - even if you don’t have an account yet.
Nothing could be easier.
Here’s how fast it is to get started:
2. Enter your email address and personal details.
3. Click the link we send you and create a password
… and you’re off to the races!
Just start trading.
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