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Convert
Hong Kong Dollar (HKD) to ICON (ICX) Instantly

HKD HKD
ICX ICX
Buy ICON (ICX)

Purchase ICON (ICX) with Hong Kong Dollar (HKD) 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 HKD to ICX Pair

    Select your preferred payment method and enter the amount.

  2. Step 2 illustration
    02

    Enter Your ICON Wallet Address

    Provide your ICX wallet address and proceed with the payment.

  3. Step 3 illustration
    03

    Receive Your ICON

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

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Frequently asked questions

  • What does the HKD/ICX trading pair represent and what is its significance?

    The HKD/ICX pair is a direct fiat on-ramp that allows users to purchase ICON's native digital asset, ICX, using the Hong Kong Dollar. Its significance lies in providing direct access from a major Asian financial hub to the ICON network, an interoperability-focused blockchain. This facilitates entry into ICON's ecosystem, which is built on the Blockchain Transmission Protocol (BTP) for cross-chain communication.

  • What are the typical methods for acquiring ICX with Hong Kong Dollars?

    To buy ICX with HKD, you can typically use a centralized cryptocurrency exchange that supports this specific fiat gateway. The process usually involves creating an account, completing KYC/AML compliance, and then depositing HKD via methods like a bank transfer or Hong Kong's Faster Payment System (FPS). Once funded, you can place an order on the HKD/ICX order book.

  • How does ICON's Delegated Proof-of-Contribution (DPoC) consensus relate to the ICX I buy?

    ICON's DPoC consensus is a core feature that gives utility to your ICX. After acquiring ICX, you aren't just holding a digital asset; you can actively participate in network governance and security. By staking your ICX and delegating it to a Public Representative (P-Rep), you earn staking rewards, contributing to the network's stability while generating a yield on your holding.

  • What fees are involved in the HKD to ICX conversion process?

    Several fees can apply when converting HKD to ICX. These include deposit fees for funding your exchange account with HKD (which can vary by method, e.g., bank wire vs. FPS), trading fees on the exchange (usually a percentage of the transaction value), and withdrawal fees if you move your ICX to a personal digital wallet. The ICON blockchain transaction fee itself is typically very low.

  • After buying ICX, can I interact with other blockchains through ICON's interoperability features?

    Yes, this is a primary advantage of the ICON network. Your ICX is the key to accessing its interoperability protocol, the Blockchain Transmission Protocol (BTP). BTP enables trustless and seamless cross-chain communication and asset transfers between ICON and other connected blockchains, allowing you to engage with a broader multi-chain DeFi ecosystem, such as the Balanced Network.
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