Chia (XCH) is a cryptocurrency focused on eco-friendly mining through its "Proof of Space and Time" consensus mechanism. Unlike energy-intensive Proof-of-Work coins like Bitcoin, Chia utilizes unused hard drive space for mining, significantly reducing its environmental impact.
Current Chia Coin Price (Live Data)
As of the latest market data:
- Price: $42.16 per XCH
- Market Cap: [To be updated with real-time data]
- Trading Volume (24h): [To be updated with real-time data]
👉 Track real-time Chia price movements
Key Features of Chia Network
- Sustainable Mining: Uses 0.16% of Bitcoin's energy consumption
- Enhanced Security: Combines Proof-of-Space with verifiable delay functions
- Smart Transaction Capabilities: Supports customizable digital assets
Where to Buy Chia Coin (XCH)
Top 5 exchanges for XCH trading:
| Exchange | Supported Countries | Fees |
|---|---|---|
| OKX | Global (Excl. restricted regions) | 0.10% maker/taker |
| Hotcoin | Asia-focused | 0.15% spot trading |
| MXC | 200+ countries | 0.20% base fee |
| FTX* | (*Currently restructuring) | N/A |
| Gate.io | Worldwide | 0.15%-0.25% |
Always verify exchange status before trading
Chia Coin Price History Analysis
- 2021 All-Time High: $1,645 (May)
- 2022 Market Correction: Dropped 97% from ATH
- 2023-2024: Stabilized between $30-$50 range
Technical indicators suggest:
- Support level at $38.20
- Resistance at $46.75
FAQ: Chia Coin Essentials
Q: Is Chia coin mining profitable in 2024?
A: Profitability depends on hardware costs, electricity rates, and XCH price. Current ROI averages 6-12 months.
Q: How does Chia's farming differ from mining?
A: Farming uses stored plots rather than computational power, reducing energy use by ~99%.
Q: Where can I store Chia coins safely?
A: Official Chia wallet (recommended), Ledger hardware wallets, or trusted exchanges like 👉 OKX's secure storage.
Q: What determines Chia's price movements?
A: Key factors include BTC market correlation, storage device prices, and adoption by agricultural tech sectors.
Q: Can I trade Chia futures?
A: Yes - derivatives are available on OKX and Gate.io with up to 50x leverage (high risk).
Q: What's Chia's inflation rate?
A: Current emission rate is 21 XCH per 10 minutes, halving every 3 years until 2032.
Disclaimer: Cryptocurrency trading involves risk. This content doesn't constitute financial advice. Always conduct your own research before investing.