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Convert
Brazilian Real (BRL) to ICON (ICX) Instantly

BRL BRL
ICX ICX
Buy ICON (ICX)

Purchase ICON (ICX) with Brazilian Real (BRL) easily at Switchere and benefit from fast, secure transactions.

About
ICON (ICX)

ICON (ICX) is a decentralized network and layer-one blockchain designed to solve the critical issue of blockchain interoperability. Its core mission is to facilitate seamless cross-chain communication, allowing independent blockchains with different governance structures to interact without intermediaries. This vision of creating a "digital nation" is powered by its proprietary Blockchain Transmission Protocol (BTP), a chain-agnostic solution that enables the transfer of both value and data across connected networks. This makes ICON a fundamental piece of Web3 infrastructure, connecting disparate digital assets and dApps into a cohesive ecosystem.

The network is built on a high-performance blockchain engine called Loopchain and secured by a Delegated Proof-of-Stake (DPoS) consensus mechanism. In this system, ICX holders stake their tokens to vote for Public Representatives (P-Reps), who are responsible for validating transactions and governing the protocol. The native utility token, ICX, is central to the ecosystem's tokenomics. It is used for paying transaction fees, executing smart contracts written in Java, participating in on-chain governance, and earning staking rewards. Through its advanced technology stack, ICON provides a robust framework for building scalable, cross-chain DeFi applications and services.

ICON (ICX)

How to Buy ICON (ICX)

swipe Step-by-step guidance
card Easy credit card payments
btn Streamlined purchase process
  1. Step 1 illustration
    01

    Choose BRL to ICX Pair

    Select your preferred payment method and enter the amount.

  2. 02

    Enter Your ICON Wallet Address

    Provide your ICX wallet address and proceed with the payment.

  3. 03

    Receive Your ICON

    Complete the payment, and your ICX will be sent to your wallet.

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XTZ
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GRT
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SAND
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Frequently asked questions

  • What is the BRL/ICX trading pair and what does it represent?

    The BRL/ICX pair represents a direct fiat on-ramp allowing users to purchase ICON's native cryptocurrency, ICX, using Brazilian Real (BRL). This pair is significant for Brazilian investors seeking access to the ICON network, an interoperability-focused blockchain that utilizes its Blockchain Transmission Protocol (BTP) to connect disparate networks. Trading this pair on a cryptocurrency exchange facilitates direct entry into ICON's ecosystem of dApps and its unique Delegated Proof-of-Stake (DPoS) governance model.

  • What are the common payment methods to buy ICX with BRL?

    To purchase ICX with BRL, users on a regulated cryptocurrency exchange typically use local Brazilian payment systems. The most common and efficient method is Pix, Brazil's instant payment system, known for its speed and low transaction costs. Other widely supported options include TED (Transferência Eletrônica Disponível) for bank transfers and, on some platforms, Boleto Bancário. After depositing BRL via one of these fiat gateways, you can execute a trade on the BRL/ICX order book to acquire the digital asset.

  • What is Delegated Proof-of-Stake (DPoS) on ICON and how does my ICX relate to it?

    ICON uses a Delegated Proof-of-Stake (DPoS) consensus mechanism for network governance and block production. When you hold ICX, you can participate by staking your coins and delegating them to Public Representatives (P-Reps), who are responsible for validating transactions and governing the network. This act of staking and delegating not only helps secure the ICON network but also allows you to earn staking rewards. Therefore, your ICX holding is not just a digital asset but a tool for active participation in the blockchain's governance and security.

  • Are there specific KYC/AML requirements when trading BRL for ICX?

    Yes, virtually all reputable cryptocurrency exchanges that offer BRL fiat on-ramps are required to comply with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. To trade the BRL/ICX pair, you will need to complete a verification process, which typically involves submitting a government-issued ID, proof of address, and sometimes a selfie for biometric verification. This KYC/AML compliance is crucial for ensuring a secure trading environment and preventing illicit activities on the platform.

  • How does ICON's Blockchain Transmission Protocol (BTP) add value to my ICX holding?

    ICON's Blockchain Transmission Protocol (BTP) is a core technology focused on interoperability, designed to securely and trustlessly connect different blockchains. For an ICX holder, the value of BTP lies in its potential to make the ICON network a central hub for cross-chain communication and transactions. As more blockchains integrate with BTP, the utility and demand for ICX could increase, as it is the native asset used for facilitating these cross-chain interactions. This positions your ICX holding within a growing, interconnected ecosystem rather than an isolated network.
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