Convert
Israeli New Shekel (ILS) to Conflux EVM (CFX) Instantly
Purchase Conflux EVM (CFX) with Israeli New Shekel (ILS) easily at Switchere and benefit from fast, secure transactions.
About
Conflux EVM (CFX)
Conflux (CFX) is a high-performance Layer 1 blockchain designed to overcome the blockchain trilemma of achieving scalability, security, and decentralization simultaneously. It operates as a permissionless, public blockchain infrastructure engineered for building high-throughput decentralized applications (dApps), particularly in DeFi, Web3, and the metaverse. Its core innovation is the unique Tree-Graph consensus algorithm, a novel ledger structure that processes blocks in parallel rather than in a linear chain. This parallel processing capability allows for significantly higher transaction throughput and lower confirmation times compared to traditional blockchain architectures, providing a robust foundation for scalable digital assets and applications.
The network is secured by a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism, combining the proven security of PoW with the energy efficiency and governance benefits of PoS. A key feature is its full EVM compatibility, creating a seamless environment for developers to migrate Ethereum-based smart contracts and dApps. The native utility token, CFX, is integral to the ecosystem. It is used for paying transaction gas fees, participating in network governance through on-chain voting, and for staking to earn rewards, which contributes to the cryptographic security of the entire decentralized network.
How to Buy Conflux EVM (CFX)
Step-by-step guidance
Easy credit card payments
Streamlined purchase process
Web
Popular Coins for Israeli New Shekel (ILS)
Other Coins for Israeli New Shekel (ILS)
Frequently asked questions
-
What is the best way to buy Conflux (CFX) with Israeli Shekel (ILS)?
To purchase Conflux (CFX) with Israeli Shekel (ILS), the most direct method is using a cryptocurrency exchange that serves as a fiat on-ramp and lists the ILS/CFX trading pair. The process typically involves creating an account, completing KYC/AML compliance, depositing ILS via an Israeli bank transfer or credit/debit card, and then executing a buy order on the CFX order book. Ensure the platform is regulated and offers secure digital asset storage. -
What is Conflux's Tree-Graph structure and how does it relate to its EVM-compatible eSpace?
Conflux utilizes a unique Tree-Graph ledger structure, which processes blocks in parallel rather than in a single chain. This design, combined with its hybrid PoW/PoS consensus, enables high throughput and low latency. The Conflux eSpace is a fully EVM-compatible execution environment built on this core infrastructure. It allows developers to deploy and run Ethereum smart contracts and dApps on Conflux to leverage its superior performance without needing to rewrite their code, bridging the Ethereum ecosystem with Conflux's advanced ledger technology. -
Are there specific considerations when making ILS deposits for a digital asset purchase like CFX?
Yes, when using an Israeli Shekel fiat gateway, consider the payment methods supported. Israeli bank transfers are common but may have longer processing times compared to credit/debit card purchases, which are often faster but can incur higher fees. Also, verify the deposit limits and any associated fees on the cryptocurrency exchange. Always ensure you are using a secure, private network for the transaction and that the exchange complies with local Israeli financial regulations. -
How does Conflux's transaction sponsorship feature benefit users acquiring CFX?
Conflux's transaction sponsorship is a unique feature where dApp owners or other users can pay the gas fees on behalf of their users. For someone new acquiring CFX, this means they can potentially interact with certain dApps on the Conflux network without needing to hold extra CFX for gas fees initially. This significantly lowers the barrier to entry into the Conflux ecosystem, making it more accessible for users who have just completed a fiat-to-crypto purchase. -
What are the security best practices after buying CFX tokens with ILS?
After acquiring CFX, it is crucial to move your digital assets from the exchange to a personal, non-custodial digital wallet that supports the Conflux eSpace (EVM). This gives you full control over your private keys. Always double-check the wallet address before initiating a blockchain transaction. Enable two-factor authentication (2FA) on your exchange account and be wary of phishing scams. For long-term holding, consider using a hardware wallet for maximum security.
Trade on the go
Anywhere. Anytime
Through Switchere you can buy or sell crypto instantly - transact all popular coins and tokens at the tap of a button.
Scan to download the app iOS and Android
