Conflux price and where to buy CFX

What is Conflux?

Conflux is a public blockchain that combines proof of work and proof of stake and orders blocks in a tree-graph structure for higher throughput. It is known as a public chain that operates within China’s regulatory framework. CFX pays fees and is staked.

How to buy Conflux, step by step

1. Pick an exchange. CFX is listed on two of the five exchanges we track. Compare fees, funding options and whether it serves your country in our exchange reviews.
2. Create and verify your account. Regulated exchanges ask for identity documents before you can deposit fiat.
3. Fund the account. A bank transfer or a stablecoin deposit usually costs far less than a card payment.
4. Buy CFX. Use the CFX/USDT or CFX/USD market, and check the cheapest venue in the table above first.
5. Decide where to keep it. On the exchange is simplest, but the exchange then holds your coins. CFX has two address spaces, Core and eSpace; check which one your wallet uses before you withdraw.

Where to buy Conflux at the best price

The cheapest venue right now is marked in the table above. Add its trading fee before comparing: on CFX the venues disagree by about 0.052 percent on average, so on a small purchase the fee and the funding method usually matter more.

• The price on that venue. Each row shows the gap to our composite.
• The trading fee. Our fee comparison lists spot fees side by side.
• How you fund the account. A bank transfer or stablecoin deposit is usually far cheaper than a card payment, which often costs several percent.

Why the Conflux price differs between exchanges

In our minute-by-minute measurement the gap between the highest and lowest venue averaged about 0.052 percent, against about 0.025 percent for Bitcoin. It went above half a percent in about two minutes out of every thousand, and reached about 1.0 percent at its widest.

Just over half of the CFX spot volume we track trades on a single venue. The spread figure at the top of this page is the live measurement; our guide on why crypto prices differ between exchanges explains the mechanism.

What moves the Conflux price

The wider crypto market, and in CFX’s case its own news too. In our hourly composite, CFX moved with Bitcoin at a correlation of about 0.58, where 1 would mean identical moves, and its moves were about twice the size of Bitcoin’s.

CFX-specific drivers come on top: news about its role in China and leverage. The funding rates on this page show whether leveraged traders are paying to be long or short right now.

Pros and cons of Conflux

Pros

• A tight average gap between its two venues in our data.
• Combines proof of work and proof of stake.

Cons

• Only two of the exchanges we track list it.
• Its hourly moves were about twice Bitcoin’s in our data.
• It trades far below its all-time high of about $1.70.

Conflux’s highest price

Conflux’s all-time high is about $1.70 on volume-weighted data. The chart above shows the last 30 days of our composite, and the CFX to USD converter applies the live price to any amount.