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 NUT
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
NUT
6m4ssP...eDcm
€0.00017661
€0.000012794 (+7.81%)
Last updated on --.
How to buy NUT on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy NUT.
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 No Utility Token?
No Utility Token is like a special digital sticker that lives on the internet. It was created to help people exchange value online without needing a bank. Imagine trading your favorite toy with a friend, but instead of toys, it's digital and can be used in different online games or apps. It solves the problem of needing a middleman, like a bank, to send or receive money, making transactions faster and easier.
How can I buy No Utility Token?
1) Visit 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 No Utility Token. 5) Place a buy order by entering the amount you wish to purchase and confirm the transaction.
Why do people buy No Utility Token?
People buy No Utility Token because it can be used in various online platforms and applications, making digital transactions smoother. It helps in reducing transaction fees and time, especially for cross-border payments. Additionally, it supports decentralized applications, which means you can use it in different online services without needing a central authority. However, it's important to note that its value can change, and it's not meant for making quick profits.
Things to know before buying No Utility Token in the United States
In the United States, cryptocurrencies like No Utility Token are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when buying. Cryptocurrencies are considered property for tax purposes, so you may need to report gains or losses on your tax return. If you earn tokens through staking or other means, it might be considered income and taxed accordingly. Always consult a tax professional for guidance.
What are other ways to own No Utility Token?
You can obtain No Utility Token without buying it by participating in airdrops, where tokens are given for free to promote a project. Some platforms offer Learn-and-Earn programs, rewarding you with tokens for completing educational tasks. Participating in network activities like staking or providing liquidity can also earn you tokens. These methods require effort and understanding of the risks involved, such as potential loss of funds or changes in token value.
How can I store my No Utility Token?
To keep your No Utility Token safe, you can choose between custodial and non-custodial storage. Custodial wallets, like those on exchanges, are convenient but rely on the platform's security. Non-custodial wallets give you full control but require you to manage your security. 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 No Utility Token on OKX?
Learn more about the security measures keeping your No Utility Token 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 No Utility Token (NUT)
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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 NUT (No Utility Token) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for NUT (No Utility Token)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select NUT (No Utility Token) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for NUT (No Utility Token)
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.