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Japanese yen (JPY) to Conflux EVM (CFX) Instantly

Purchase Conflux EVM (CFX) with Japanese yen (JPY) easily at Switchere and benefit from fast, secure transactions.

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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.

Conflux EVM (CFX)

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How to Buy Conflux EVM (CFX)

  1. Select currency menu

    Choose JPY to CFX Pair

    Select your preferred payment method and enter the amount.

  2. Crypto address page

    Enter Your Conflux EVM Wallet Address

    Provide your CFX wallet address and proceed with the payment.

  3. Confirmation page

    Receive Your Conflux EVM

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

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Frequently Asked Questions

  • What is the JPY/CFX pair and what is unique about the Conflux network's technology?

    The JPY/CFX pair allows you to purchase the digital asset Conflux (CFX) using Japanese Yen (JPY). Conflux is distinguished by its unique Tree-Graph ledger structure and a hybrid Proof-of-Work (PoW) and Proof-of-Stake (PoS) consensus mechanism. This architecture enables high throughput and low latency, making it highly scalable for decentralized applications while maintaining robust security.

  • How does Conflux's EVM-compatible eSpace benefit users acquiring CFX?

    Conflux's EVM-compatible eSpace means that smart contracts and decentralized applications (dApps) from the Ethereum ecosystem can be easily deployed on Conflux. For a CFX holder, this translates to a potentially larger ecosystem of DeFi, NFT, and other dApps to use their CFX with. It enhances the utility of the CFX token and allows for interaction with cross-chain assets brought over via bridges like ShuttleFlow.

  • How does Conflux's GHAST protocol impact transaction finality after buying CFX?

    The GHAST (Greedy Heaviest-Adaptive Sub-Tree) protocol is central to Conflux's consensus, ensuring rapid and secure transaction finality. After acquiring CFX on an exchange and withdrawing it to your wallet, this protocol ensures your blockchain transaction is confirmed on the network quickly and becomes irreversible. This high-speed finality is a key security feature, minimizing risks like double-spending and providing confidence that your assets are secure in your wallet.

  • What is the best way to buy CFX with JPY on a regulated cryptocurrency exchange in Japan?

    The most secure method is to use a Japanese cryptocurrency exchange registered with the Financial Services Agency (FSA). After completing the required KYC/AML compliance checks, you can deposit JPY via a domestic bank transfer. While a direct JPY/CFX pair might not be on all platforms, a common route is to buy a major asset like BTC or ETH with your JPY and then trade it for CFX on the same exchange's order book.

  • What types of fees are involved in a JPY to CFX transaction?

    There are typically three types of fees. First, a deposit fee for your Japanese Yen, which is often low or zero for bank transfers. Second, a trading fee on the cryptocurrency exchange when you execute the JPY/CFX trade, usually a small percentage of the transaction volume. Finally, if you move your CFX to a personal digital wallet, you'll pay a blockchain transaction fee, which is paid in CFX and is generally low on the high-throughput Conflux network.

  • What are the security best practices when handling CFX purchased with Japanese Yen?

    Always use a reputable, FSA-regulated fiat gateway for your JPY transaction. After purchasing CFX, the most crucial step is to transfer your digital assets from the exchange to a personal, non-custodial digital wallet where you control the private keys. Use a hardware wallet for maximum security. Never share your private keys or seed phrase, and be cautious of phishing attempts. Enable two-factor authentication (2FA) on your exchange account for an added layer of protection.

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