How to buy savings on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy savings.
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 your new savings?
Your new savings is a special type of digital money that lives on the internet. Imagine it like a magic coin that helps people trade and save without needing a bank. It exists to make money easier to use and share, especially for people who want to save or send money quickly and safely. It solves the problem of slow and expensive money transfers by being fast and easy to use.
How can I buy your new savings?
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) Navigate to the 'Buy Crypto' section, select your new savings, and place a buy order by entering the amount you wish to purchase.
Why do people buy your new savings?
People buy your new savings because it offers a simple way to save and transfer money digitally. It can be used for everyday transactions, sending money to friends, or paying for services online. It is widely accepted in various digital ecosystems, making it a practical choice for those who want to participate in the growing digital economy. However, it requires understanding and managing digital wallets.
Things to know before buying your new savings in the United States
In the United States, cryptocurrencies like your new savings are legal but regulated. Users must complete KYC and AML verification to comply with laws. Cryptocurrencies are subject to taxes, including capital gains tax when sold for profit. Income from staking or rewards may also be taxable. It's important to keep records of transactions for tax reporting and consult a tax professional for guidance.
What are other ways to own your new savings?
You can obtain your new savings through airdrops, where free tokens are distributed to users. Participating in Learn-and-Earn programs can also reward you with tokens for completing educational tasks. Staking or providing liquidity in certain networks may earn you tokens as rewards. These methods require effort and understanding of the network, and there may be risks involved, such as market volatility.
How can I store my your new savings?
To keep your new savings safe, you can store it in a custodial wallet, where OKX manages security, or a non-custodial wallet, where you control the keys. Hot wallets are convenient for frequent use but less secure than cold wallets, which are offline and safer. Always back up your wallet and keep recovery phrases secure. Use proof of reserves to ensure your funds are safe and accessible.
Why should I buy your new savings on OKX?
Learn more about the security measures keeping your your new savings 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 your new savings (savings)
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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 savings (your new savings) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for savings (your new savings)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select savings (your new savings) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for savings (your new savings)
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.




