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What is XYO?

XYO (XYO) is a decentralised network of devices that collect and validate geospatial data or data with a geographic component.

  • XYO stores location data anonymously and utilises a unique Proof of Origin consensus which validates ledgers containing location data as it enters the XYO network.
  • The team’s goal is to increase public awareness of the XYO Network through education, research and further development of the XYO protocol.
  • XYO is the native ERC-20 utility token of the network which can be used to calculate smart contract agreements & can be traded for and staked against unique ERC-721 tokens representing real-world locations.

Using the XYO Network’s ecosystem of devices, smart contracts can interact with the real world and can decide if an object is at a specific geographical location or not. This creates a new opportunity for smart contract transactions to be based on location confirmation.

How do I swap XYO?

Enter amount to swap
Select the quantity of XYO you would like to swap.
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Select the coin you would like to swap with.
Confirm & swap
Click 'Swap' to confirm. Your coins will arrive in your wallet within minutes!

Learn more about XYO

Why Should I Trade XYO with CoinSpot?

CoinSpot is Australia’s largest cryptocurrency platform that has been operating since 2013 and is trusted by over two million Australians. We make it easy to buy and sell XYO no matter what your trading experience is. Unlike other international and Australian XYO exchanges that require experience and technical knowledge, we make the entire trading process simple for beginners and advanced traders alike.

CoinSpot provides layered security and advanced support systems so you can buy XYO with peace of mind and the comfort knowing support is available everyday to help. There are multiple trading options on our exchange that allow you to conveniently trade XYO how you want to. You will feel familiar with CoinSpot from the beginning and have access to everything you need to buy, sell and manage your cryptocurrency.

How do you store your XYO?

Storing on CoinSpot

Due to CoinSpot’s flexible Multicoin Wallet, storing your digital currency is simple. Just by creating your CoinSpot account you will automatically be given your own unique wallet where you can store your XYO for free.

Cold Storage

If you are holding XYO as a long term investment, you can utilise a cold storage wallet and send your coins there from your CoinSpot account. A cold wallet is a wallet which is completely offline (not connected to the internet) and is a popular option amongst people who prefer to hold their coins, rather than regularly trade.

Frequently asked questions

Right here! CoinSpot offers traders a fast, simple, easy and secure way to buy XYO. We are trusted by over two million customers and with just a few clicks, you can exchange Australian Dollars or other cryptocurrencies for XYO. CoinSpot helps users easily buy crypto, build their portfolio, make secure purchases and invest in this exciting asset class.
XYO has a floating exchange rate – meaning its price is set by individual vendors based on available supply and demand. As XYO is a globally traded asset, the price can vary across the world based on order books, volume, exchange rates and service fees of each individual XYO exchange.
Cryptocurrency differs from other traditional trading options as you can make fractional purchases, meaning you don’t have to buy whole coins. This means you can start investing in XYO & other digital currencies with as little as $1!
Practicing safe investing is best treated as a shared effort. CoinSpot provides a list of security tips that we recommend putting into practice to ensure you’re keeping yourself secure. Step one to buying XYO safely however is using a reputable exchange such as CoinSpot. We are the first Australian exchange to be awarded the internationally recognised ISO 27001 certification for security management and processes. Operating since 2013, we’re proud to say we’re Australia’s most trusted exchange. Start your XYO portfolio here.
Yes! With CoinSpot you can convert your XYO to AUD (Australian Dollars) instantly. You can also withdraw AUD to your Australian bank account for free with no withdrawal limits.

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