Faster Download and Install XCode

Download XCode from developer.apple.com

Then open a terminal, go to the folder where you downloaded XCode and extract the xip file:

xip -x Xcode.xip 

# output:
# “xip: signing certificate was "Software Update" (validation not attempted)”
# xip: expanded items from "/Users/user/Downloads/Xcode.xip"

It will take a few minutes... Finally, move the extracted Xcode app to the /Applications folder

Set the default Xcode version with this command:

sudo xcode-select -switch /Applications/Xcode.app