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 B

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
B
0xe023...5594
AED0.13791
AED0.13754 (+37,358.17%)
4.5
Last updated on --.
Trade B

How to buy B on OKX DEX

Whether you’re new to DeFi or an experienced trader, follow this guide to buy B.
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 B?

B is a special kind of digital money that lives on the internet. Imagine it like a magic coin that helps people trade things safely and quickly without needing a bank. B was created to make it easier for people to send and receive money all over the world, solving the problem of slow and expensive transactions. It's like having a super-fast mail service for your money, making it easier to share and use in different places.

How can I buy B?

1) Start by creating an account on OKX. Visit the website and click 'Sign Up.' Enter your email and create a strong password. 2) Verify your identity by providing necessary documents like a driver's license. 3) Fund your account using a bank transfer or credit card. Follow the instructions to link your bank or card. 4) Once your account is funded, search for B in the marketplace. 5) Click 'Buy' and enter the amount of B you want. Confirm your purchase.

Why do people buy B?

People buy B because it can be used for many things, like paying for services or participating in online communities. B is part of a growing digital ecosystem where it can be used to access new technologies and services. It helps in making transactions faster and cheaper compared to traditional methods. However, it's important to know that using B requires understanding how digital wallets work and staying informed about its legal use.

Things to know before buying B in the United States

In the United States, cryptocurrencies like B are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when setting up an account. This means providing identification documents. Be aware that buying, selling, or using B may have tax implications, such as capital gains tax. It's important to keep records of your transactions and consult a tax professional if needed.

What are other ways to own B?

You can get B without buying it by participating in airdrops, where free tokens are distributed to users. Some platforms offer Learn-and-Earn programs, rewarding you with B for completing educational tasks. You might also earn B by staking, which involves holding and supporting the network, or by providing liquidity in certain financial services. Each method requires effort and understanding of the risks involved, like market changes or technical issues.

How can I store my B?

To keep B safe, you can use a custodial wallet, where a service holds it for you, or a non-custodial wallet, where you control it. Hot wallets are online and easy to access, but less secure. Cold wallets are offline and safer from hacks. Always back up your wallet and keep recovery phrases secure. Use strong passwords and enable two-factor authentication. Choose the storage method that balances security and convenience for you.

Why should I buy B on OKX in the UAE?

Learn more about the security measures keeping your B safe and readily available.
Best aggregated prices
OKX DEX aggregates major DEXs for the best prices and liquidity.
Why should I buy B on OKX in the UAE?
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.
Why should I buy B on OKX in the UAE?

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.
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 B (B) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for B (B)
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.

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.