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 XB
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
XB
AcH7D1...qDsR
$0.00046657
Last updated on --.
How to buy XB on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy XB.
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 XBANKING?
XBANKING is a digital token designed to make online transactions easier and faster. Imagine it like a special kind of digital sticker that helps people send and receive value over the internet without needing a bank. It exists to solve the problem of slow and expensive traditional payment methods, making it simpler for people to exchange value globally. Think of it as a tool that helps connect people financially, just like how a bridge connects two places.
How can I buy XBANKING?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Complete the identity verification process as required. 3) Fund your account using a bank transfer, debit card, or other local payment methods available in the United States. 4) Once your account is funded, navigate to the trading section. 5) Search for XBANKING and place a buy order by entering the amount you wish to purchase. 6) Confirm your order and check your account balance to see your new XBANKING tokens.
Why do people buy XBANKING?
People buy XBANKING for its practical uses, such as making fast and low-cost transactions online. It is part of a growing ecosystem where digital tokens are used for various services, like paying for goods or accessing digital platforms. XBANKING is also recognized for its role in enabling decentralized applications, which are becoming more popular. However, it's important to understand that while it offers these benefits, it also comes with limitations like market volatility and the need for secure storage.
Things to know before buying XBANKING in the United States
In the United States, cryptocurrencies like XBANKING are legal but regulated. Users must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when setting up accounts. It's important to know that any gains from selling XBANKING may be subject to capital gains tax. Additionally, if you earn XBANKING through staking or other means, it might be considered taxable income. Always consult a tax professional for specific advice on your situation.
What are other ways to own XBANKING?
Besides buying, you can obtain XBANKING through airdrops, where tokens are distributed for free to eligible users. Participating in Learn-and-Earn programs can also reward you with XBANKING for completing educational tasks. Some platforms offer staking rewards, where you earn tokens by holding them in a wallet. Providing liquidity to certain pools might also earn you XBANKING. Each method requires different levels of effort and carries its own risks, so it's important to understand them fully before participating.
How can I store my XBANKING?
To keep your XBANKING safe, you can choose between custodial and non-custodial storage. Custodial storage means trusting a platform like OKX to hold your tokens, which is convenient but requires trust in their security. Non-custodial storage gives you full control using wallets. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet and keep recovery phrases safe. Understanding these options helps protect your tokens from loss or theft.
Why should I buy XBANKING on OKX in the UAE?
Learn more about the security measures keeping your XBANKING 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 XBANKING (XB)
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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 XB (XBANKING) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for XB (XBANKING)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select XB (XBANKING) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for XB (XBANKING)
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.