Where and How to Buy Equilibria (XEQ)

In this article you will find out where and how to buy Equilibria. Additionally you will also find information on how to securely store it and whether it is a good investment.  

Best Platforms to Buy Equilibria

Equilibria is still a new cryptocurrency. It only started trading in October 2020. As a result there are only two places where you can buy Equilibria. However we only recommend one of them. By time more platforms should support Equilibria and we will update the information on this page accordingly.

TradeOgre Privacy coins found here!

TradeOgre has around $2.1 million daily trading volume. It is not a regulated exchange and only supports crypto to crypto trades.

TradeOgre is known for supporting a lot of privacy related cryptocurrencies like Equilibria. In fact it also supports Dero, Monero and Pirate Chain.

How to Buy Equilibria on TradeOgre

Since TradeOgre is not regulated, signing up to it is much faster than any regulated exchange. However TradeOgre does not support fiat to crypto trades. This means you cannot use Euros, Dollars, British Pounds or any other sovereign currency.

Additionally there is only a BTC to XEQ trading pair. This means you have to use your existing Bitcoin to buy Equilibria. Or you have to buy Bitcoin to then buy Equilibria.

As a result if you need to buy Bitcoin you will need to use another exchange. Since Bitcoin is the most popular cryptocurrency there are a huge range of exchanges or trading platforms you can use.

Here are some of the best exchanges you can use to buy Bitcoin first.

1 kraken-1200x1200
9.3
More details + Standard exchange fees: 0.9% – 1.5%
Kraken Rating
This is a crypto exchange with a solid track record and good customer service
BTC, ETH, DOT, DOGE, 90+ Cryptos
Security
10
Ease of use
8
Customer support
9
Value for money
10
PROS:
  • Excellent security features
  • Low fees on Kraken Pro
  • Established exchange
CONS:
  • The lowest fees can only be accessed on the Pro area. There is a small learning curve to learn how to use it
Editor’s choice 2 coinmama-1200x1200
8.5
More details + Standard exchange fees: 0.9% – 3.9%
Coinmama Rating
An easy way to get started buying crypto
BTC, ETH, BCH, 10+ Cryptos
Security
8.5
Ease of use
9.5
Customer support
9
Value for money
7
PROS:
  • Established exchange
  • Simple, intuitive website
  • Excellent customer support
CONS:
  • Fees are high
  • No crypto-to-crypto transactions
3 cex-1200x1200
8.4
More details + Standard exchange fees: 0.16% – 7%
CEX Exchange Rating
One of the best and most trusted crypto exchanges
BTC, ETH, BCH, 60+ Cryptos
Security
9
Ease of use
8.5
Customer support
8
Value for money
8
PROS:
  • Easy to use app
  • Cryptos, derivatives, stable coins
  • 24/7 support
CONS:
  • Lacks in choice of coins
4 Binance Review
8
More details + Standard exchange fees 0.06% – 0.1%
Binance Rating
Binance is one of the best cryptocurrency exchanges. It is renowned for its low trading fees, vast array of supported cryptocurrencies and services.
Security
7
Ease of use
8
Customer support
7
Value for money
10
PROS:
  • 600+ cryptos to trade
  • Low trading fees
  • Automated trading bots
  • Comprehensive service
CONS:
  • Was hacked in 2019
  • Customer service needs improvement
5 coinbase-1200x1200
7.6
More details + Standard exchange fees: 0.5% – 2%
Coinbase Rating
The only crypto exchange to be listed on the stock market
100+ Cryptos on Coinbase and 250+ on Coinbase Pro
Security
6
Ease of use
10
Customer support
5
Value for money
9.5
PROS:
  • Is insured against hackers
  • Low fees on Coinbase Pro
  • Supports 100+ countries
CONS:
  • Customer support is slow and ineffective
  • Goes down when large volumes of users hop on the platform

If you need to figure out how to buy Bitcoin then you can look at the guide on how to buy cryptocurrency. The whole process is quite straight forward.

After that you will need to sort out an account with TradeOgre. Here is a short video on how to use TradeOgre in 3 minutes. It will show you how to set up an account, deposit, buy any crypto and withdraw.

Securely Store Equilibria

After you buy Equilibria you want to make sure you store it safely and securely. Especially because a lot of exchanges have been hacked in the past. You want to make sure your take your crypto off the exchange.

However since Equilibria is still new it does not have wide ranging support for many products. That includes wallets.

In fact, not surprisingly, it is currently not supported on hardware wallets. Ideally this would be your best choice for securely storing you Equilibria. So if eventually either Ledger or Trezor support the crypto, we highly recommend you use them.

You can easily transfer your coins onto one of these wallets and manage them with the hardware wallet. Additionally hardware wallets have not been hacked and have a fantastic security track record. Hence why we are recommending them.

For now you will need to use the hot wallet designed by the Equilibria team. It is a pretty good wallet in fairness and it is secure. It’s just not as secure as a hardware wallet.

How to Set Up and Use the Equilibria Wallet

The Equilibria wallet is similar to other crypto wallets. That is to say with the way you install it, set it up and how it works. So if you have set up a hot wallet before this is quite similar.

You can find the Equilibria hot wallets here. Here are the choices available:

equilibria-wallets-devices

Clicking any link will take you to GitHub. You have to download the file that is compatible for your device.

For Windows click the ‘equilibria_windows_gui’ zip file to download and install the wallet.

After that click on the wallet and you will see this screen below. You should fill all the fields on this screen and then press ‘create wallet’.

You can select the setting you prefer and click ‘next’.

Click to create a ‘new wallet’.

how-to-use-equilibria-wallet-2

You should take down the seed phrase that comes up on the screen. If something happens to your wallet in future you can always restore you wallet using this seed phrase. So once you write it down you should store it somewhere safe. Somewhere away from prying eye to keep it secure.

After than you will end up on this screen.

As you would expect you can click on ‘receive’ to receive XEQ and ‘send’ to send XEQ.

Here below is how it would look like if you want to send Equilibria to your wallet after you buy Equilibria. The wallet will show you your wallet address. You have the option to copy it or click to see the QR code as highlighted on the screenshot.

What is nice about this wallet is that apart from storing you can also stake your Equilibria. So you can earn passive income while you hodl. At the moment you can get 15% APY, but this may change depending on the on-chain rewards.

Buy Equilibria? Is Equilibria a Good Investment?

Quick Introduction – What is Equilibria?

Equilibria is quite a fascinating cryptocurrency. It is what is known as an oracle. Oracles receive and carry real-world data to and from the blockchain. The blockchain then uses that data to distribute rewards as dictated by smart contracts on the network.

For example, oracles can be used in loan swaps, Esports, Sports betting and more. What’s more is Equilibria is also private. It is like a privacy coin, but it is a privacy oracle instead.

Benefits of Equilibria

The privacy oriented crypto community has made Equilibria and a bunch of other privacy cryptoassets. As a result you will benefit from all round privacy if you use the full range of cryptoassets. That is to say whether you use the cryptocurrency Pirate Chain, the crypto commodity Dero and Equilibria the oracle.

What is great about Equilibria is that eventually when it is full developed it will be blockchain agnostic. To clarify it will be compatible with all blockchains and you can use it on any of them. Moreover it is 100% decentralised and already has 100+ oracle nodes.

Not a lot of people will use oracles. They serve as a speculation for investors and a great tool for developers and businesses.

Developers can use Equilibria as an oracle to ensure there are no privacy loopholes on a private blockchain. Even though you can use it on both private and public blockchain.

From a business stand point, private companies may require confidentiality of information. Hence they could use Equilibria to ensure their information remains private and accurate.

Equilibria Performance

Equilibria started out at $0.02 in October 2021. On the 7th of April 2022 it is at $0.33 which is a gain of 1550%.

equilibria-chart

Sourced from CoinMarketCap

Additionally out of 18,000+ cryptocurrencies that are listed on CoinMarketCap, Equilibria is in the 4476th position. That is not bad all considering.

People overall still prefer the most popular cryptocurrencies. So your Bitcoin, Ethereum and XRP as if they are staples.  

However so far Equilibria has done well and the future for Equilibria looks good. Especially because there is a real need for privacy. There are not a lot of privacy oriented crypto assets, especially good ones like Equilibria. Therefore Equilibria really fills an important requirement within this space.

Of course there are no guarantees for the future. Most importantly because there are other factors that will determine Equilibria’s success. Like for example the team behind it, the road map and community adoption.

It is still early stages for Equilibria so this privacy oracle is a speculation. However it is the first privacy oracle in the space which may give it first mover advantage.

TradeOgre Privacy coins found here!

TradeOgre has around $2.1 million daily trading volume. It is not a regulated exchange and only supports crypto to crypto trades.

Frequently Asked Questions

What is Equilibria (XEQ)?

Equilibria is a privacy oriented oracle. Oracles receive and carry real-world data to the blockchain. The blockchain then uses the data to execute smart contract rewards accordingly. In future Equilibria will be compatible with all blockchains.

How do I buy XEQ?

Equilibria is still new so only 2 platforms support this oracle. The only one we recommend is TradeOgre. You can find out how to buy XEQ here.  

Is Equilibria a good investment?

Equilibria started out at $0.02 in October 2021. On the 7th of April 2022 it is at $0.33 which is a gain of 1550%. Its future will depend on the team, the project roadmap and community adoption.

How to securely store Equilibria?

At the moment no hardware wallets support Equilibria. However you can use the Equilibria hot wallet developed by the Equilibria team. Find out how to install and set up the Equilibria wallet here.
CoinStove
Logo