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 XAU.
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
XAU.
kZshHA...zH8i
AED0.0026446
AED0.0025155 (+1,948.19%)
Last updated on --.
How to buy XAU. on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy XAU..
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 Gold?
Gold is a digital token that represents a form of value, similar to how a toy represents fun. It exists to make it easier to trade and use value online, like how a toy can be shared with friends. Gold solves the problem of needing a simple way to exchange value without using traditional money, making it easier to buy things or participate in digital activities.
How can I buy Gold?
1) Create an account on OKX by visiting the website and providing your email and a secure password. 2) Verify your identity with a government-issued ID to comply with U.S. regulations. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the 'Buy Crypto' section, select Gold, and enter the amount you wish to purchase. 5) Confirm your order and complete the transaction.
Why do people buy Gold?
People buy Gold for its practical uses, such as making online transactions easier and faster. It can be used in various digital ecosystems, like games or apps, where traditional money might not work. Gold is also part of a growing digital economy, which means more places are starting to accept it. However, it's important to understand that its value can change, and it's not a guaranteed way to make money.
Things to know before buying Gold in the United States
In the United States, cryptocurrencies like Gold are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when setting up an account. Cryptocurrencies are subject to taxes, such as capital gains tax, when you sell them for more than you paid. It's important to keep records of your transactions for tax purposes and understand that regulations can change.
What are other ways to own Gold?
You can obtain Gold without buying it by participating in airdrops, where tokens are distributed for free, or through Learn-and-Earn programs that reward you for learning about crypto. Staking or providing liquidity in certain networks can also earn you Gold as a reward. These methods require effort, such as learning new skills or locking up other tokens, and come with risks like losing your staked tokens.
How can I store my Gold?
To keep your Gold safe, you can use custodial storage, where OKX holds it for you, or non-custodial storage, where you control it. Hot wallets are online and convenient but less secure, while cold wallets are offline and more secure. Always back up your wallet and keep recovery phrases safe. Understanding these options helps you choose the best way to store your Gold securely.
Why should I buy Gold on OKX?
Learn more about the security measures keeping your Gold 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 Gold (XAU.)
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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 XAU. (Gold) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for XAU. (Gold)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select XAU. (Gold) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for XAU. (Gold)
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.