Table of contents

How to Buy XPL on Bitunix – Step-by-Step Guide

Updated

TL;DR

  • Plasma powers stablecoin payments with $2B liquidity and 100+ DeFi integrations.

  • Bitunix offers the easiest way to buy XPL with no KYC and strong USDT liquidity.

  • XPL fuels staking, fees, and governance under PlasmaBFT across a growing DeFi ecosystem.

Plasma Network has been making waves lately, with transaction counts up nearly 8,000%, a $373 million token sale that sold out fast, and more than $2 billion in liquidity through partners like Aave and Ethena. It’s built to be the blockchain for stablecoins, focusing on speed and real-world payments instead of hype. Its token, XPL, powers staking, fees, and governance under PlasmaBFT, and if you’re planning to buy XPL, here’s how you can buy Plasma tokens on Bitunix.

 

Where to Buy Plasma Tokens

XPL is listed on several recognized exchanges, but Bitunix offers one of the most accessible ways to purchase it. The platform provides a user-friendly interface, no mandatory KYC, and good liquidity across USDT pairs, allowing traders to acquire Plasma tokens efficiently and without unnecessary delays.

Users:

1M+

Free Demo:

Mobile App:

Bonus:

$5,500

Cryptos:

541+

Leverage:

Not Supported

Spot Fees:

0.10%/0.10%

Futures Fees:

0.020%/0.060%

Pros
Cons
Bitunix Overview

Bitunix is an exchange that is recognized worldwide with 1M+ users around the globe. The exchange is also commended for its standard fees. It charges a minimal fee of 0.06% and 0.02% taker and maker for futures trading, and a 0.10% / 0.10% maker and taker fee for spot trading.

What makes Bitunix a great place for traders is its accessibility due to its no KYC policy. Users from all around the world can sign up on the platform without having to verify their identity.

With 541+ cryptocurrencies for users to select from, Bitunix provides a user-friendly platform with a good number of products and services available. The platform is also widely celebrated for its trading interface for both spot and futures traders, with up to 125x leverage on trades. It also offers USDT-margined perpetual futures as the major derivatives trading product.

The exchange offers several payment methods for customers, such as credit/debit cards, Coinify, Apple Pay, and bank transfers. Additionally, there are welcome bonuses available to new users on Butunix up to $5,500 based on trading activity.

 

How to Buy XPL on Bitunix

The steps to buy Plasma tokens on Bitunix are simple. Here’s how you can get started and complete your first trade in just a few minutes:

1
Visit Bitunix and sign up
Go to the Bitunix website. If you do not have an account, click Sign Up Now to begin.
2
Activate your account
Enter your registration details and confirm your email to activate your Bitunix account.
3
Open the Spot section
Log in, hover over the Spot tab in the top menu, then select Spot.
4
Check supported tokens
In the Spot dashboard, open the Asset List dropdown to view available markets.
5
Find the XPL market
Use the search bar, type XPL, and select the XPL/USDT trading pair.
6
Choose order type
On the right of the chart, locate the Buy/Sell panel. Choose Market or Limit.
7
Set your amount
Enter the XPL quantity or the USDT you want to spend. You can adjust quickly with the slider.
8
Place your order
Review the details and click Buy XPL to complete the transaction.
Tip

Limit orders are often preferred during volatility since they execute only at your chosen price.

 

Alternative Exchanges to Buy Plasma Tokens

If Bitunix is unavailable in your region or you prefer a different platform, you can use other reliable exchanges to trade XPL.

  • BloFin: Founded in 2019, BloFin lists over 560+ spot assets and operates without mandatory KYC. Its high daily volume and fiat deposit options make it suitable for traders who prefer deeper liquidity and order flexibility.

BloFin Homepage Oct 2025

  • Toobit: Established in 2022, Toobit supports over 240+ spot tokens with up to 150x leverage. It features a clean interface and stable trading performance, offering a practical choice for users who prefer smaller exchanges.

Toobit homepage

 

What Is Plasma?

Plasma is a Layer-1 blockchain optimized for stablecoin transactions and payment infrastructure. The project is backed by Tether Holdings, the company behind USDT, and was designed to move stablecoins at high speed with minimal cost. It supports Ethereum-compatible smart contracts, allowing developers to deploy applications for remittances, neobanking, and cross-border payments using familiar tools.

Plasma homepage

The network uses XPL as its gas and staking token. Basic stablecoin transfers can occur with zero user fees through a paymaster model, while XPL powers validator operations and more complex on-chain actions. Plasma’s roadmap includes products like Plasma One, a neobank focused on global remittances, and pBTC, a Bitcoin bridge for stablecoin-backed DeFi operations. These integrations reflect its focus on stablecoin utility rather than speculative use.

Plasma (XPL) — Token Information

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Buy XPL on Bitunix

 

Final Thoughts

Learning how to buy XPL gives you access to a network focused on practical stablecoin usage rather than hype-driven token trading. Bitunix provides a simple path for acquiring XPL and exploring how the Plasma ecosystem develops. Whether you choose to hold, stake, or use it for network transactions, keeping track of Plasma’s real-world adoption will help you understand its long-term relevance in digital payments.

 

FAQs

1. What is XPL used for?

XPL is used for network validation, staking, and transaction fees within the Plasma blockchain.

 

2. Can I hold XPL in MetaMask?

Yes. Plasma is EVM-compatible, and you can manually add the network to MetaMask to store XPL.

 

3. Is KYC required to trade on Bitunix?

No. You can trade on Bitunix without KYC up to the platform’s withdrawal limits.

 

4. Does Plasma have a live mainnet?

Yes. Plasma’s mainnet beta launched in September 2025, enabling users to transfer stablecoins and interact with dApps using XPL.

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