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 ZEN
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
ZEN
ACSBrU...pump
$0.0₄12048
-$0.00003 (-73.09%)
Last updated on --.
How to buy ZEN on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy ZEN.
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 ZEN?
ZEN is a type of digital money that lives on the internet. Imagine it like a special kind of game token you can use online. It was created to help people send money to each other quickly and safely without needing a bank. ZEN makes sure your money is private and secure, like sending a secret message that only the person you choose can read. It's like having a magic coin that works anywhere in the world.
How can I buy ZEN?
1) Start by creating an account on OKX. Visit the website and click 'Sign Up.' Provide your email and create a strong password. 2) To fund your account, link your bank account or use a credit/debit card. Follow the instructions to transfer money securely. 3) Once your account is funded, search for ZEN in the marketplace. Click 'Buy,' enter the amount you want, and confirm your purchase. Your ZEN will appear in your account.
Why do people buy ZEN?
People buy ZEN because it offers privacy and security for online transactions. It's used in various applications that value confidentiality, like private messaging and secure payments. ZEN is part of a growing ecosystem that supports decentralized applications, which means it can be used in many innovative ways. However, it's important to understand that using ZEN requires learning about digital wallets and secure storage.
Things to know before buying ZEN in the United States
In the United States, cryptocurrencies like ZEN are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when buying ZEN. This means providing identification to verify your identity. Be aware that any profits from selling ZEN may be subject to capital gains tax. If you earn ZEN through staking or other means, it might be considered taxable income.
What are other ways to own ZEN?
You can get ZEN without buying it by participating in airdrops, where free tokens are distributed to users. Some platforms offer Learn-and-Earn programs, rewarding you with ZEN for completing educational tasks. You might also earn ZEN by staking, which involves holding ZEN in a wallet to support network operations. Each method requires effort and understanding of the risks involved, such as market volatility and security concerns.
How can I store my ZEN?
To keep your ZEN safe, you can use a custodial wallet, where a service holds your ZEN for you, or a non-custodial wallet, where you control your ZEN. Hot wallets are online and convenient but less secure, while cold wallets are offline and more secure. Always back up your wallet and keep your recovery phrase safe. Consider using OKX's secure storage options to protect your ZEN from loss or theft.
Why should I buy ZEN on OKX in the UAE?
Learn more about the security measures keeping your ZEN 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 ZEN (ZEN)
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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 ZEN (ZEN) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for ZEN (ZEN)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select ZEN (ZEN) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for ZEN (ZEN)
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.