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 Swasticoin
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Swasticoin
667bWF...8bix
€0.0₅14093
Last updated on --.
How to buy Swasticoin on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy Swasticoin.
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 YzY?
YzY is a digital token that helps people exchange value online without needing a bank. Imagine trading your favorite toy with a friend, but instead of toys, you use YzY tokens. It exists to make transactions faster and easier, especially for people who want to send or receive value across the world. YzY solves the problem of slow and expensive traditional payment methods by using technology that works like a digital playground for money.
How can I buy YzY?
1) Create an account on OKX by visiting the website and clicking 'Sign Up'. Follow the instructions to verify your identity. 2) Fund your account using a bank transfer, credit card, or other local payment methods available in the United States. 3) Once your account is funded, navigate to the 'Buy Crypto' section, select YzY, and enter the amount you wish to purchase. Confirm the transaction to complete your buy order.
Why do people buy YzY?
People buy YzY for its practical uses, like sending money quickly and easily across borders. It is part of a growing ecosystem where digital tokens are used for various applications, such as online services and digital goods. YzY is recognized for its efficiency and ability to work within different platforms, making it a useful tool for those interested in digital transactions. However, it's important to understand its limitations, such as market volatility.
Things to know before buying YzY in the United States
In the United States, cryptocurrencies like YzY are legal but regulated. Users must complete KYC and AML verification when setting up accounts. Tax implications include reporting capital gains if you sell YzY for more than you paid, and income tax on earnings from staking. It's crucial to keep records of transactions for tax purposes. Regulations can change, so staying informed is important.
What are other ways to own YzY?
You can obtain YzY through airdrops, where tokens are distributed for free, or by participating in Learn-and-Earn programs that reward you for completing educational tasks. Staking YzY or providing liquidity in certain platforms can earn you additional tokens. Task-based reward programs, like referrals, may also offer YzY. Each method requires different levels of effort and carries risks, such as market fluctuations and platform reliability.
How can I store my YzY?
To keep YzY safe, you can use custodial storage, where OKX holds your tokens, or non-custodial storage, where you control them. Hot wallets are convenient for frequent access but are online and less secure. Cold wallets are offline and safer but less convenient. Always back up your wallet and keep recovery phrases secure. Proof of reserves can help verify the safety of custodial storage. Choose the option that balances security and convenience for you.
Why should I buy YzY on OKX?
Learn more about the security measures keeping your YzY 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 YzY (Swasticoin)
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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 Swasticoin (YzY) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for Swasticoin (YzY)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select Swasticoin (YzY) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for Swasticoin (YzY)
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.