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 $AMA
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
$AMA
2CsVRR...gD9k
$0.00018522
$0.00013732 (+286.71%)
Last updated on --.
How to buy $AMA on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy $AMA.
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 AMA?
AMA is a digital token that helps people exchange value online without needing a bank. Imagine trading your favorite toys with friends, but instead of toys, it's digital money. AMA exists to make these exchanges fast, easy, and secure, solving the problem of slow and expensive traditional money transfers. It allows people to send and receive money globally, just like sending an email, making it accessible to everyone.
How can I buy AMA?
1) Visit OKX and create an account by providing your email and setting a password. 2) Complete identity verification as required by 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 AMA, and enter the amount you wish to purchase. 5) Review the details and confirm your purchase. Your AMA will appear in your OKX wallet.
Why do people buy AMA?
People buy AMA for its utility in facilitating fast and secure digital transactions. It is used in various applications, such as online payments and decentralized finance (DeFi) platforms. AMA is part of a growing ecosystem that supports innovative financial services, making it relevant in the digital economy. However, it's important to understand that its value can fluctuate, and it may not be accepted everywhere.
Things to know before buying AMA in the United States
In the United States, cryptocurrencies like AMA are legal but regulated. Users must complete KYC/AML verification to comply with financial laws. Cryptocurrencies are subject to taxes, including capital gains tax when sold for a profit. Income from staking or rewards may also be taxable. It's crucial to keep records of transactions for tax reporting. Always stay informed about regulatory changes.
What are other ways to own AMA?
Besides buying, you can earn AMA through airdrops, where tokens are distributed for free to promote a project. Participate in Learn-and-Earn programs to gain AMA by completing educational tasks. Staking AMA in certain networks can earn you rewards over time. Providing liquidity in decentralized exchanges or completing specific tasks like referrals can also earn you AMA. Each method involves varying levels of effort and risk.
How can I store my AMA?
To keep your AMA safe, understand the risks of loss, hacks, and theft. Store AMA in a custodial wallet on OKX for convenience, or use a non-custodial wallet for more control. Hot wallets are online and easy to access but less secure than cold wallets, which are offline. Always back up your wallet, secure your recovery phrases, and use strong passwords. Choose a storage method that balances security and convenience for you.
Why should I buy AMA on OKX in the UAE?
Learn more about the security measures keeping your AMA 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 AMA ($AMA)
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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 $AMA (AMA) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for $AMA (AMA)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select $AMA (AMA) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for $AMA (AMA)
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.