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 HOP
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
HOP
F1yyzA...rU3k
$0.00044676
$0.00025712 (+135.59%)
Last updated on --.
How to buy HOP on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy HOP.
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 HOP?
HOP is a digital token that helps make moving money between different blockchains easier and faster. Imagine you have a toy that can only be used in one room, but you want to play with it in another room too. HOP acts like a special pass that lets your toy move between rooms without any trouble. It solves the problem of making sure your digital money can be used in different places smoothly.
How can I buy HOP?
1) Visit OKX and create an account by providing your email and setting a password. 2) Complete identity verification by uploading necessary documents. 3) Fund your account using a bank transfer, credit card, or other local payment methods like ACH. 4) Once your account is funded, search for HOP in the marketplace. 5) Place a buy order by entering the amount of HOP you wish to purchase and confirm the transaction.
Why do people buy HOP?
People buy HOP because it helps them move digital money across different blockchain networks easily. This is useful for those who want to use their digital assets in various applications without hassle. HOP is part of a growing ecosystem that supports seamless transactions, making it relevant in the crypto industry. However, it's important to understand that HOP's value comes from its utility, not from making money.
Things to know before buying HOP in the United States
In the United States, cryptocurrencies like HOP 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 selling HOP may be subject to capital gains tax. If you earn HOP through staking or other means, it might be considered taxable income. Always consult a tax professional for detailed advice.
What are other ways to own HOP?
You can obtain HOP without buying it by participating in airdrops, where tokens are distributed for free to eligible users. Some platforms offer Learn-and-Earn programs, rewarding you with HOP for completing educational tasks. Participating in network activities like staking or providing liquidity can also earn you HOP. These methods require effort and understanding of the risks involved, such as market volatility and technical requirements.
How can I store my HOP?
To keep your HOP safe, you can choose between custodial and non-custodial storage. Custodial wallets are managed by platforms like OKX, offering convenience but requiring trust. Non-custodial wallets give you full control, like a digital safe. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet, keep recovery phrases safe, and use strong passwords to protect your assets.
Why should I buy HOP on OKX?
Learn more about the security measures keeping your HOP 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 HOP (HOP)
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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 HOP (HOP) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for HOP (HOP)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select HOP (HOP) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for HOP (HOP)
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.