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 R1
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
R1
0x6444...8ecf
€2.223
€0.26170 (+13.34%)
Last updated on --.
How to buy R1 on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy R1.
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 Ratio1?
Ratio1 is like a special digital sticker that helps people trade and share things online more easily. Imagine you have a magic sticker that lets you swap toys with friends without needing a grown-up to help. Ratio1 exists to make trading digital items simple and fair, solving the problem of needing a middleman. It helps people trust each other when they exchange things online, making the process smoother and more reliable.
How can I buy Ratio1?
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, debit card, or other local payment methods. 4) Once your account is funded, search for Ratio1 in the marketplace. 5) Place a buy order by entering the amount of Ratio1 you wish to purchase and confirm the transaction.
Why do people buy Ratio1?
People buy Ratio1 because it helps them participate in digital ecosystems where they can trade, share, or access services. Ratio1 is used in various online platforms, making transactions more efficient and secure. It supports decentralized applications, allowing users to interact without intermediaries. However, it's important to understand that using Ratio1 requires learning about digital wallets and blockchain technology, which can be a bit challenging for beginners.
Things to know before buying Ratio1 in the United States
In the United States, cryptocurrencies like Ratio1 are legal but regulated. Users must complete KYC and AML checks, which involve verifying their identity. When using Ratio1, be aware of tax implications, as the IRS considers cryptocurrency transactions taxable. This means you may need to report gains or losses on your tax return. Understanding these rules helps ensure compliance and avoids potential legal issues.
What are other ways to own Ratio1?
Besides buying, you can obtain Ratio1 through airdrops, where free tokens are distributed to users. Participating in Learn-and-Earn programs can also reward you with Ratio1 for completing educational tasks. Engaging in network activities like staking or providing liquidity might earn you additional tokens. These methods require effort and understanding of the processes involved, and they come with risks, such as market volatility and technical challenges.
How can I store my Ratio1?
To keep your Ratio1 safe, you can use custodial wallets, where a service holds your tokens, or non-custodial wallets, where you control them. Hot wallets are online and convenient but less secure, while cold wallets are offline and more secure. Always back up your wallet and keep recovery phrases safe. Use strong passwords and enable two-factor authentication to protect against hacks. Understanding these options helps you store your Ratio1 securely.
Why should I buy Ratio1 on OKX?
Learn more about the security measures keeping your Ratio1 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 Ratio1 (R1)
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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 R1 (Ratio1) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for R1 (Ratio1)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select R1 (Ratio1) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for R1 (Ratio1)
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.