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 XCN
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
XCN
0x7324...a05b
$0.0052074
-$0.00102 (-16.34%)
Last updated on --.
How to buy XCN on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy XCN.
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 Chain?
Chain is like a digital tool that helps computers talk to each other better. Imagine you have a magic key that opens many doors; Chain helps different computer systems connect and share information smoothly. It exists to make sure data moves quickly and safely between different places, solving the problem of slow and complicated data sharing.
How can I buy Chain?
1) Create an account on OKX by visiting the website and clicking 'Sign Up'. Provide your email and set a password. 2) Fund your account using a bank transfer, credit card, or other local payment methods like ACH transfers. 3) Once your account is funded, search for Chain in the marketplace, select the amount you want to buy, and place your order.
Why do people buy Chain?
People buy Chain because it helps improve how data is shared between different systems, making processes faster and more efficient. Chain is used in various industries to streamline operations and enhance connectivity. It is recognized for its ability to support complex data exchanges, making it a valuable tool in the tech ecosystem.
Things to know before buying Chain in the United States
In the United States, cryptocurrencies like Chain are legal but regulated. You must complete KYC and AML verification when setting up your account. Cryptocurrencies are subject to taxes, including capital gains tax when sold for a profit. Income from staking or rewards may also be taxable. Always consult a tax professional for guidance.
What are other ways to own Chain?
You can obtain Chain through airdrops, where free tokens are distributed to users. Participating in Learn-and-Earn programs or staking can also earn you Chain. Providing liquidity or completing tasks like referrals may offer rewards. These methods require effort and understanding of the risks involved, such as market volatility and network participation.
How can I store my Chain?
To keep Chain safe, you can use custodial storage, where OKX 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 safer. Always back up your wallet, keep recovery phrases secure, and understand proof of reserves to protect your assets.
Why should I buy Chain on OKX in the UAE?
Learn more about the security measures keeping your Chain 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 Chain (XCN)
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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 XCN (Chain) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for XCN (Chain)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select XCN (Chain) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for XCN (Chain)
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.