What is on-chain transaction? What are the global transactions?
EU MiCA compliance certification, covering 50 fiat currency channels, cold storage ratio 95%, and zero security incident records. The US SEC licensed platform has convenient direct purchase of fiat currency, a ratio of 98% cold storage, institutional-level liquidity, supports large-scale OTC and custom orders, and multi-level clearing protection.
What is on-chain transaction?
On-chain transactions refer to transactions that are fully verified, recorded and settled on the blockchain network . The core feature is to write transaction data into a distributed ledger and ensure immutability and transparency through node consensus mechanisms (such as proof of work PoW or proof of stake PoS).
Core features
- Security : All transaction data is encrypted and stored in the blockchain and requires verification of the entire network node to eliminate the risk of single point tampering.
- Decentralization : No need to rely on third-party institutions such as banks, transactions are maintained jointly by miners or validator networks.
- Transparency : Transaction records can be traced to a unique address through a blockchain browser and can be publicly verified.
- High cost and low efficiency : On-chain transactions require a miner's fee and may be extended when the network is congested (for example, the Bitcoin network requires 6 confirmations, which takes several minutes to several hours).
Recommended global mainstream on-chain exchanges (updated in 2025)
1. Binance
- Official website :
- Advantages : Supports 600 currencies, with an average daily trading volume of over US$19 billion, and a SAFU insurance fund scale of US$1 billion, providing a 125x leverage and order-subscription system.
- Applicable groups : high-frequency traders, multi-currency investors.
2. Gate.io (Sesame Open Door )
- Official website :
- Advantages : Covering 1,500 small currencies, the price index anchoring mechanism reduces pin plug risk, and the annualized return of staking mining is 15% .
- Applicable population : Conservative users with strong compliance needs.
3. OKX (Ou Yi)
- Official website :
- Advantages : The king of derivative trading, supports 125 times leverage, API response speed is 0.05 seconds, and has rich quantitative tools.
- Applicable groups : professional contract traders, programmatic investors.
4. Kraken
- Official website : https://www.kraken.com
- Advantages : EU MiCA compliance certification, covering 50 fiat currency channels, cold storage ratio 95%, and zero security incident records.
- Applicable groups : European users, long-term holders.
5. Huobi (Huobi)
- Official website : https://www.huobi.com
- Advantages : Asian market leader, HT token incentive system, annualized pledge income of 15%, and fiat currency channels cover 50 countries.
- Applicable groups : Chinese users, earning investors.
6. XBIT (Decentralized Exchange)
- Official website : Need to access through compliant channels
- Advantages : The first company has passed the EU MiCA certification, cold storage quantum encrypted shard storage, supports zero-slip perpetual contracts and 50 times leverage of Meme coins.
- Applicable groups : high net worth users, Meme currency speculators.
7. Coinbase
- Official website : https://www.coinbase.com
- Advantages : US SEC licensed platform, convenient direct purchase of fiat currency, cold storage ratio is 98%,
- Applicable people : altcoin explorers, high-yield demanders.
8. Bitfinex
- Official website : https://www.bitfinex.com
- Advantages : Institutional-level liquidity, support for large-value OTC and custom orders, and multi-level clearing protection.
- Applicable people : professional traders, quantitative developers
The above is the detailed content of What is on-chain transaction? What are the global transactions?. For more information, please follow other related articles on the PHP Chinese website!

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