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 $SP
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
$SP
EVNuAW...9MvX
$0.0033564
$0.0019616 (+140.64%)
Last updated on --.
How to buy $SP on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy $SP.
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 sptokens?
sptokens is a type of digital money that lives on the internet. Imagine it like a special kind of game token that you can use online. It was created to make it easier and faster to send money to people anywhere in the world without needing a bank. sptokens helps solve the problem of slow and expensive money transfers by using technology that works 24/7, just like sending an email.
How can I buy sptokens?
1) Visit OKX and create an account by providing your email and setting a 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) Once your account is funded, search for sptokens on the platform. 5) Place a buy order by entering the amount of sptokens you wish to purchase and confirm the transaction.
Why do people buy sptokens?
People buy sptokens because it can be used for fast and low-cost transactions, especially for sending money across borders. It is also used in various online applications and services that accept sptokens as payment. Additionally, sptokens can be part of a broader digital ecosystem, allowing users to participate in decentralized applications and services. However, it's important to understand that the value of sptokens can change, and it's not guaranteed to be stable.
Things to know before buying sptokens in the United States
In the United States, cryptocurrencies like sptokens 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, and you may need to report gains or losses on your tax return. Income from activities like staking may also be taxable. Always consult a tax professional for specific advice.
What are other ways to own sptokens?
You can obtain sptokens without buying them by participating in airdrops, where free tokens are distributed to users. Some platforms offer Learn-and-Earn programs, rewarding you with tokens for completing educational tasks. Participating in network activities like staking or providing liquidity can also earn you sptokens. These methods require effort and understanding of the risks involved, such as potential loss of funds or changes in token value.
How can I store my sptokens?
To keep your sptokens safe, you can use a custodial wallet, where a service holds your tokens, or a non-custodial wallet, where you control them. 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. Use strong passwords and enable two-factor authentication to protect your account. Choose the storage option that balances security and convenience for you.
Why should I buy sptokens on OKX in the United States?
Learn more about the security measures keeping your sptokens 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 sptokens ($SP)
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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 $SP (sptokens) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for $SP (sptokens)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select $SP (sptokens) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for $SP (sptokens)
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.