This page provides technical information on how to interact with independent, third-party decentralized exchanges (DEXs). The assets herein are not accessible via the OKX Centralized Exchange, and OKX does not facilitate their trading. Digital assets displayed are automatically generated based on popularity ranking. OKX does not provide investment recommendations and is not responsible for any potential losses.
Discover how to buy CRYPTO
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
CRYPTO
G5P2og...pump
$0.0₅45852
Last updated on --.
How to buy CRYPTO on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy CRYPTO.
Step one
Get OKX Wallet
Create or import your Web3 wallet using the OKX app or web extension.
Step two
Fund your wallet
Transfer funds to your OKX Wallet. Make sure you’ve got the right network and crypto.
Step three
Start trading
Find the crypto you’re looking for and trade under your preferred trading mode.
What's this is a store of value?
A store of value is like a special kind of treasure that keeps its worth over time. Imagine a toy that never breaks or loses its shine, no matter how long you keep it. This is important because it helps people save and protect their wealth from losing value, like when prices go up. It exists to give people a safe place to keep their savings, just like a piggy bank that never gets old.
How can I buy this is a store of value?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity by providing necessary documents as per U.S. regulations. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the 'Buy Crypto' section, select the store of value token, and enter the amount you wish to purchase. 5) Confirm your order and complete the transaction.
Why do people buy this is a store of value?
People buy a store of value to protect their savings from losing value over time. It offers a way to keep wealth safe, like a digital vault. This type of token is widely accepted and used in various applications, making it a reliable choice for those looking to preserve their purchasing power. However, it's important to understand that its value can change, and it's not a get-rich-quick scheme.
Things to know before buying this is a store of value in the United States
In the United States, cryptocurrencies are legal and regulated. When buying, you'll need to complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks, which means verifying your identity. Be aware that any gains from selling or using these tokens may be subject to capital gains tax. It's important to keep records of your transactions for tax purposes and consult a tax professional if needed.
What are other ways to own this is a store of value?
You can obtain a store of value without buying it by participating in airdrops, where tokens are distributed for free. Some platforms offer Learn-and-Earn programs, rewarding you with tokens for completing educational tasks. Staking or providing liquidity can earn you rewards, but these require holding tokens and understanding the risks involved. Task-based programs, like referrals, can also offer tokens as rewards.
How can I store my this is a store of value?
To keep your tokens safe, you can choose between custodial and non-custodial storage. Custodial storage means someone else keeps your tokens safe, like a bank. Non-custodial storage gives you full control, but you must keep your keys secure. Hot wallets are online and convenient but less secure, while cold wallets are offline and safer. Always back up your recovery phrases and use strong passwords to protect your assets.
Why should I buy this is a store of value on OKX in the UAE?
Learn more about the security measures keeping your this is a store of value safe and readily available.
Best aggregated prices
OKX DEX aggregates major DEXs for the best prices and liquidity.
Secure transactions
OKX DEX is fully on-chain, protecting your wallet and flagging any potential risks.
Cross-chain made easy
OKX DEX’s bridge aggregator lets you easily bridge tokens across networks.
Diverse trade options
OKX DEX offers trading modes tailored for various trading needs.
Learn more about how to buy this is a store of value (CRYPTO)
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See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade your crypto
Take advantage of price fluctuations and trade your crypto for other assets using OKX DEX.
HODL, or hold onto your crypto
If you think your crypto will increase in value over time, you can keep it in your wallet.
Stake your crypto or join campaigns
Explore the Discover page and participate in eligible staking opportunities or other campaigns.
How to buy crypto FAQ
1. Digital wallet
2. Existing cryptocurrency, such as BTC, ETH, or SOL, to be used as a base currency for swaps.
2. Existing cryptocurrency, such as BTC, ETH, or SOL, to be used as a base currency for swaps.
The phrase "crypto swap" is used to refer to the act of swapping one cryptocurrency for another without using a conventional exchange.
To swap on DEX, you’ll need to:
1. Set up and connect your digital wallet to the DEX you choose
2. Select CRYPTO (this is a store of value) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for CRYPTO (this is a store of value)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select CRYPTO (this is a store of value) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for CRYPTO (this is a store of value)
4. Execute the transaction
Slippage is the difference between the price a trader expects to pay or receive, and the price they actually pay. It occurs when a market moves as trade is happening. Slippage usually happens during periods of high volatility, and exchange rate changes.
These are tips to consider when choosing a secure wallet for DEX:
• Cold Wallets (Offline): Hardware wallets that are not connected to the internet make them highly secure against hacks.
• Hot Wallets (Online): OKX offers integrated wallets for easy access to your crypto. Ensure they are protected with 2FA and encryption.
• Backup Features: A good wallet allows you to back up your private keys securely.
• User Control: Opt for wallets where you hold your private keys, ensuring full ownership of your crypto.
• Cold Wallets (Offline): Hardware wallets that are not connected to the internet make them highly secure against hacks.
• Hot Wallets (Online): OKX offers integrated wallets for easy access to your crypto. Ensure they are protected with 2FA and encryption.
• Backup Features: A good wallet allows you to back up your private keys securely.
• User Control: Opt for wallets where you hold your private keys, ensuring full ownership of your crypto.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.
You are viewing content that has been summarized by AI. Please be aware that the information provided may not be accurate, complete, or up-to-date. This information is not (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances.