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 FLIT
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
FLIT
0x28f9...2ed9
$0.0₆19686
Last updated on --.
How to buy FLIT on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy FLIT.
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 FinLit?
FinLit is a special kind of digital token that helps people learn about managing their finances. Imagine it like a digital sticker that teaches you about saving and spending wisely. It exists to make financial education fun and easy, solving the problem of financial illiteracy by providing resources and tools to understand money better. Just like a game that teaches you new skills, FinLit helps you learn about finance in a simple way.
How can I buy FinLit?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity by providing necessary documents as per 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 FinLit in the marketplace. 5) Place a buy order by selecting the amount of FinLit you wish to purchase and confirm the transaction.
Why do people buy FinLit?
People buy FinLit to access educational resources that help them understand personal finance better. It offers practical tools and learning modules that are useful for managing daily expenses and planning for the future. FinLit is part of a growing ecosystem that values financial literacy, making it relevant in today's digital economy. However, it's important to note that FinLit is not a get-rich-quick scheme but a tool for learning and growth.
Things to know before buying FinLit in the United States
In the United States, cryptocurrencies like FinLit 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 understand that any gains from selling FinLit may be subject to capital gains tax. Additionally, income from activities like staking could be taxable. Always consult a tax professional to understand your obligations.
What are other ways to own FinLit?
You can obtain FinLit through various methods without buying it directly. Participate in airdrops where tokens are distributed for free, or join Learn-and-Earn programs that reward you for completing educational tasks. Engaging in network activities like staking or providing liquidity can also earn you FinLit. These methods require effort and understanding of the processes involved, and there may be risks such as market volatility.
How can I store my FinLit?
To keep your FinLit safe, you can choose between custodial and non-custodial storage. Custodial wallets are managed by platforms like OKX, offering convenience but requiring trust. Non-custodial wallets give you full control but require careful management of recovery phrases. 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 to protect against loss or theft.
Why should I buy FinLit on OKX in the United States?
Learn more about the security measures keeping your FinLit 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 FinLit (FLIT)
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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 FLIT (FinLit) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for FLIT (FinLit)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select FLIT (FinLit) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for FLIT (FinLit)
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.