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 SHARKS
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
SHARKS
5pC9GL...hNfw
$0.00052741
$0.00033180 (+169.63%)
Last updated on --.
How to buy SHARKS on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy SHARKS.
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 Money Sharks?
Money Sharks is a digital token that helps people exchange value online without needing a bank. Imagine trading your favorite toys with friends, but instead of toys, you use Money Sharks. It exists to make online transactions easier and faster, solving the problem of slow and expensive bank transfers. It's like a magic coin that works on the internet, letting you send and receive money quickly and safely.
How can I buy Money Sharks?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity with a government-issued ID to comply with regulations. 3) Fund your account using a bank transfer, credit card, or PayPal. 4) Navigate to the trading section and search for Money Sharks. 5) Place a buy order by entering the amount you wish to purchase and confirm the transaction.
Why do people buy Money Sharks?
People buy Money Sharks for its practical uses, like sending money to friends or paying for services online. It is widely accepted in various digital ecosystems, making transactions smooth and efficient. Money Sharks also supports decentralized applications, offering users more control over their digital interactions. However, it's important to understand its limitations, such as market volatility and the need for secure storage.
Things to know before buying Money Sharks in the United States
In the United States, cryptocurrencies like Money Sharks are legal but regulated. You must complete KYC and AML checks when buying. Be aware of tax implications, as profits from selling or income from staking may be subject to capital gains tax. Always report your crypto activities accurately to avoid penalties. Understanding these rules helps you use Money Sharks responsibly and legally.
What are other ways to own Money Sharks?
You can obtain Money Sharks through airdrops, where tokens are distributed for free to promote the project. Participate in Learn-and-Earn programs to earn tokens by completing educational tasks. Staking Money Sharks in a network can earn rewards, but requires holding tokens for a period. Providing liquidity in exchanges may also yield tokens, but involves risks like market fluctuations.
How can I store my Money Sharks?
To keep Money Sharks safe, choose between custodial storage, where OKX holds your tokens, or non-custodial wallets, giving you full control. Hot wallets are convenient for frequent use but less secure than cold wallets, which store tokens offline. Always back up your wallet and keep recovery phrases secure. Proof of reserves ensures your tokens are safe with OKX, offering peace of mind.
Why should I buy Money Sharks on OKX in the United States?
Learn more about the security measures keeping your Money Sharks 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 Money Sharks (SHARKS)
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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 SHARKS (Money Sharks) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for SHARKS (Money Sharks)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select SHARKS (Money Sharks) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for SHARKS (Money Sharks)
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.