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 CYPR

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
CYPR
47N28t...Y5ow
$0.00041227
$0.00020427 (+98.21%)
4.5
Last updated on --.
Trade CYPR

How to buy CYPR on OKX DEX

Whether you’re new to DeFi or an experienced trader, follow this guide to buy CYPR.
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 Cypher - Crypto Card?

Cypher - Crypto Card is like a digital card that lets you use special internet money called cryptocurrency. Imagine having a magic card that helps you buy things online without needing a bank. It exists to make online shopping easier and faster by using this special money. It solves the problem of slow and expensive payments by making them quick and cheap, just like sending a text message.

How can I buy Cypher - Crypto Card?

1) Go to OKX and create an account by providing your email and setting a password. 2) Verify your identity with a government-issued ID to comply with U.S. regulations. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Once your account is funded, search for Cypher - Crypto Card. 5) Place a buy order by entering the amount you wish to purchase and confirm the transaction.

Why do people buy Cypher - Crypto Card?

People buy Cypher - Crypto Card because it offers a convenient way to make online payments without traditional banks. It can be used in various online stores that accept cryptocurrency, providing a seamless shopping experience. Additionally, it supports fast transactions and low fees, making it a practical choice for everyday use. However, it's important to note that not all merchants accept it yet, and users should be aware of this limitation.

Things to know before buying Cypher - Crypto Card in the United States

In the United States, cryptocurrencies like Cypher - Crypto Card are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when setting up an account. Be aware that any gains from using or selling cryptocurrency 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 Cypher - Crypto Card?

You can obtain Cypher - Crypto Card through alternative methods like participating in airdrops, where tokens are distributed for free. Some platforms offer Learn-and-Earn programs, rewarding you with tokens for completing educational tasks. Additionally, you might earn tokens by staking, which involves holding and supporting the network, or by providing liquidity to certain platforms. Each method requires different levels of effort and carries its own risks.

How can I store my Cypher - Crypto Card?

To keep your Cypher - Crypto Card safe, you can choose between custodial and non-custodial storage. Custodial storage means a trusted platform like OKX holds your tokens, offering convenience but requiring trust. Non-custodial storage gives you full control using wallets. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet and keep recovery phrases safe to protect against loss or theft.

Why should I buy Cypher - Crypto Card on OKX in the UAE?

Learn more about the security measures keeping your Cypher - Crypto Card safe and readily available.
Best aggregated prices
OKX DEX aggregates major DEXs for the best prices and liquidity.
Why should I buy Cypher - Crypto Card 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 Cypher - Crypto Card 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 CYPR (Cypher - Crypto Card) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for CYPR (Cypher - Crypto Card)
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.