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 gold
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
gold
C3ePHt...7vKA
$0.00051657
$0.00027307 (+112.14%)
Last updated on --.
How to buy gold on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy gold.
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 Tokenized gold?
Tokenized gold is like owning a piece of real gold but in digital form. Imagine having a magic coin that represents gold stored safely somewhere. It exists to make owning gold easier and more accessible, solving the problem of storing and transporting physical gold. You can buy, sell, or trade it online, just like playing a game with digital tokens, but these tokens are backed by real gold.
How can I buy Tokenized gold?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity with required documents for security. 3) Fund your account using a bank transfer, credit card, or local payment methods like PayPal. 4) Navigate to the trading section, search for Tokenized gold, and place a buy order by entering the amount you wish to purchase.
Why do people buy Tokenized gold?
People buy Tokenized gold for its practical benefits, like easy access to gold without needing a vault. It offers a way to diversify holdings and participate in the digital economy. Tokenized gold is used in various industries, including finance and technology, for its stability and reliability. It provides a secure way to hold gold without the hassle of physical storage.
Things to know before buying Tokenized gold in the United States
In the United States, cryptocurrencies like Tokenized gold are legal but regulated. You must complete KYC and AML verification when setting up an account. Tax implications include reporting capital gains if you sell for a profit. Income from staking or rewards may be taxable. Always consult a tax professional to understand your obligations and ensure compliance with local laws.
What are other ways to own Tokenized gold?
You can obtain Tokenized gold through airdrops, where tokens are distributed for free, or by participating in Learn-and-Earn programs that reward you for learning about crypto. Staking or providing liquidity in certain platforms may earn you tokens. Task-based rewards, like referrals or deposits, can also be a way to earn Tokenized gold. Each method requires effort and understanding of the risks involved.
How can I store my Tokenized gold?
To store Tokenized gold safely, consider the risks of loss, hacks, and theft. Use custodial storage for convenience, where OKX holds your tokens securely. For more control, opt for non-custodial storage like hot wallets for easy access or cold wallets for maximum security. Always back up your wallet, keep recovery phrases safe, and understand proof of reserves to ensure your tokens are protected.
Why should I buy Tokenized gold on OKX?
Learn more about the security measures keeping your Tokenized gold 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 Tokenized gold (gold)
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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 gold (Tokenized gold) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for gold (Tokenized gold)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select gold (Tokenized gold) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for gold (Tokenized gold)
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.