How to buy UNIT on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy UNIT.
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 UNIT?
UNIT 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 UNIT tokens. It exists to make transactions faster and easier, especially for those who don't have access to traditional banking. UNIT solves the problem of slow and expensive money transfers by allowing people to send and receive value instantly over the internet.
How can I buy UNIT?
1) Create an account on OKX by visiting the website and clicking 'Sign Up.' Provide your email and create a strong password. 2) Verify your identity by uploading a government-issued ID, as required by U.S. regulations. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Once your account is funded, search for UNIT in the marketplace. 5) Place a buy order by entering the amount of UNIT you wish to purchase and confirm the transaction.
Why do people buy UNIT?
People buy UNIT because it allows them to participate in a digital economy where transactions are quick and borderless. UNIT can be used for various online services, making it a versatile tool in the digital world. It is also part of a growing ecosystem that supports decentralized applications, which can offer innovative solutions to everyday problems. However, it's important to understand that the value of UNIT can fluctuate, and it's not a guaranteed way to make money.
Things to know before buying UNIT in the United States
In the United States, cryptocurrencies like UNIT are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when buying UNIT. This involves verifying your identity with a government-issued ID. Tax implications include reporting any capital gains or income from activities like staking. It's important to keep records of your transactions for tax purposes, as the IRS requires reporting of cryptocurrency earnings.
What are other ways to own UNIT?
You can obtain UNIT without buying it by participating in airdrops, where free tokens are distributed to users. Some platforms offer Learn-and-Earn programs, rewarding you with UNIT for completing educational tasks. Staking UNIT in certain networks can earn you additional tokens as rewards. Providing liquidity to decentralized exchanges might also earn you UNIT, but it involves risks like impermanent loss. Always research the requirements and risks before participating.
How can I store my UNIT?
To keep your UNIT safe, you can choose between custodial and non-custodial storage. Custodial wallets, like those on exchanges, are convenient but require trust in the provider. Non-custodial wallets give you full control but require you to manage your security. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet and keep your recovery phrases safe. Consider using a combination of storage methods for added security.
Why should I buy UNIT on OKX in the UAE?
Learn more about the security measures keeping your UNIT 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 UNIT (UNIT)
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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 UNIT (UNIT) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for UNIT (UNIT)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select UNIT (UNIT) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for UNIT (UNIT)
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.




