ICON is the legacy blockchain whose native coin is ICX, while its ecosystem is transitioning to SODAX and the SODA token on Sonic. The Foundation documents a 1:1 ICX-to-SODA migration. ICX and SODA are different assets on different networks, even when an exchange uses legacy ICON naming.
interoperability ICON
ICON
(ICX)
ICON is the legacy blockchain whose native coin is ICX, while its ecosystem is transitioning to SODAX and the SODA token on Sonic. The Foundation documents a 1:1 ICX-to-SODA migration. ICX and SODA are different assets on different networks, even when an exchange uses legacy ICON naming.
USD market price
--
-- in 24h
Source: CoinGecko
Fetching market data...
Market data, not an exchange order quote. Quotes older than five minutes are hidden.
→ How to Buy ICON USD market prices / CoinGecko
BTC -- -- ETH -- -- SOL -- -- BNB -- -- XRP -- -- ADA -- -- DOGE -- -- AVAX -- -- DOT -- -- LINK -- -- UNI -- -- LTC -- -- BTC -- -- ETH -- -- SOL -- -- BNB -- -- XRP -- -- ADA -- -- DOGE -- -- AVAX -- -- DOT -- -- LINK -- -- UNI -- -- LTC -- --
What is ICON?
Answer sources checked
20 answers source-reviewed with Codex assistance. Reviewed . This review covers the answers, not exchange listings or the rest of the page.
How does ICON work?
The legacy ICON network records ICX transfers and charges computation in STEP, paid with ICX. Its transition plan winds down emissions and reduces the validator set while retaining transactions for migration. SODAX instead runs its hub infrastructure on Sonic; owning SODA is not operating an ICON validator.
Who created ICON?
The ICON Foundation initiated the ICON Project after its establishment in August 2017, according to its historical announcement. The originating organization is distinct from the network's validators and contributors. Later Foundation notices concern the ICX-to-SODA transition; they do not make legacy ICX and Sonic SODA identical assets.
What is ICON used for?
Legacy ICX pays ICON transaction fees and was used in delegation and governance. The ecosystem's newer functions move to SODAX, where SODA has separate protocol uses on Sonic. Holding ICX does not automatically make it SODA or guarantee access to the new platform's products without migration.
Where can you buy ICON?
Check a platform's official ICX or SODA market page and its migration notice, rather than relying on legacy ICON listings. The Foundation explicitly says exchange support proceeds case by case. Country restrictions, accepted deposits and the exact withdrawal network must be verified before choosing a service.
ICON exchange reference guides
Before you buyNo exchange availability has been verified for this catalogue entry under the current full-name and symbol checks. This is not a delisting claim. Confirm the exact asset, trading access and withdrawal network through the provider before buying. All local checklists remain available at the end of this guide.
How to buy ICON
Plan your purchaseHow much ICON?
How can you buy ICON safely?
Before buying, establish whether you want legacy ICX or migrated SODA and confirm the platform's supported network. Review its conversion policy, withdrawal status and complete order total. Use official migration instructions only; sending ICX to a Sonic address or buying a same-named token does not perform the documented swap.
Can you buy a fraction of ICON?
A service may offer fractional ICX or SODA orders, but its trading and withdrawal precision must be checked separately. Do not assume the migration ratio determines order minimums or both assets' smallest units. Confirm the exact token and network before relying on any fraction displayed in an account.
How much does it cost to buy ICON?
Buying costs depend on the asset being delivered: legacy ICX or SODA on Sonic, plus platform spread, payment, trading and withdrawal charges. Migration may require network transactions as well. ICON fees use ICX, whereas the Foundation's migration guide identifies S as Sonic gas; those are not interchangeable fee balances.
How much is one ICON worth?
Confirm whether an order quotes legacy ICX or SODA before comparing prices. The Foundation described a 1:1 token conversion, not a guarantee of equal fiat value or purchasing power. Review the timestamp, executable order, spread and withdrawal network; migration implementation and exchange support require separate checks.
Is ICON a good investment?
ICX has legacy-network and migration risks: the Foundation announced a phased halt to economic rewards and a shift to SODA. Verify implementation and exchange conversion separately. A 1:1 token conversion does not guarantee equal market value or preserve purchasing power, and the new protocol has separate contracts. This is not financial advice.
Compare two order previews
Use ICX credited after buying fees and spread. Extra USD charges must exclude fees already included in the total. Enter 0 only when confirmed.
Which quote delivers more ICX?
Enter your order-preview numbers or use the labeled example. Unknown charges are never treated as zero.
ICON wallets & storage
How do you get an ICON wallet?
Use an ICON-compatible wallet for native ICX and a Sonic-compatible wallet for SODA, checking current support through official project instructions. ICON's wallet page documents options including Hana and ICONex. Back up recovery credentials before funding, and do not assume one application's visible token name proves correct network support.
How can you store ICON securely?
Keep control of the recovery credentials for both legacy ICON and Sonic accounts if you are migrating. Verify every migration approval and receiving network, and ignore unsolicited support links. A custodial provider's conversion policy is separate from self-custody; old ICX wallet support alone does not prove SODA support.
Sending & cashing out ICON
Match your networks
For ICX, copy the exact network names shown in your apps. This compares your entries, not a verified list of supported networks.
Enter both network names
Copy the exact network name shown for this asset in each app. No supported-network catalogue is assumed here.
How do you send ICON to another wallet?
Send ICX only through an ICON deposit or wallet route, leaving ICX available for STEP fees and including any exchange-required memo. SODA transfers instead use Sonic and need its gas asset S. An ICX transfer to the wrong chain is not the Foundation's 1:1 migration process.
How long does an ICON transfer take?
An ICX payment depends on the legacy network remaining operational and the recipient's confirmation policy. The Foundation's wind-down plan distinguishes continuing transactions from ending rewards, so historic performance should not be a timing promise. Migration and a subsequent Sonic transfer add different processing steps and service dependencies.
How much does it cost to send ICON?
Legacy ICON transactions pay STEP-based computation charges in ICX, with the amount depending on the operation and current settings. SODA on Sonic instead needs S for gas. Check the exact wallet's estimate and any platform withdrawal fee; an old ICON fee example does not price a current migration.
Can you cash out ICON for real money?
You can cash out only through a service accepting your exact ICX or SODA asset and supporting a fiat sale and withdrawal route for your account. Confirm the platform's migration status before depositing. Receiving SODA through conversion, or trading into a stablecoin, is not the same as a bank payout.
Is ICON traceable?
ICX transfers are publicly queryable on the ICON ledger, and the migration documentation also links SODA contracts and transactions on Sonic. Wallet addresses need not display real names, but exchange records or public disclosures can connect them. Switching from ICX to SODA does not create automatic transaction anonymity.
Supply, mining & staking
What is the maximum supply of ICON?
The Foundation's migration document distinguishes uncapped legacy ICX from SODA's maximum of 1.5 billion tokens. Do not label that SODA limit as ICX's historical maximum. The later plan to halt ICX emissions changes issuance activity, but does not make total, circulating and maximum supply the same measure.
Can you mine ICON?
No. ICON used validators and delegation rather than proof-of-work mining, and its transition plan calls for ending new ICX reward emissions. SODA is a token on Sonic, not a new mineable version of ICX. A website promising ICX mining must explain a separate activity and its risks.
Can you stake ICON?
ICX delegation is a legacy feature, not a dependable current income promise: the Foundation scheduled staking rewards to end during its economic shutdown. SODAX describes separate SODA staking products on Sonic. Check implemented migration and product terms rather than relying on old ICX reward rates or treating SODA staking as ICON validation.