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 DSG
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
DSG
0x3a09...fc71
$29.99225
$0.22622 (+0.76%)
Last updated on --.
How to buy DSG on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy DSG.
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 DeSpend?
DeSpend is a digital token designed to help people manage their spending more effectively. Imagine it like a special kind of money that helps you keep track of where your money goes. It exists to make budgeting easier and more transparent, solving the problem of overspending by providing clear insights into your financial habits. Think of it as a helpful tool that keeps your wallet in check, ensuring you spend wisely and stay within your budget.
How can I buy DeSpend?
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, credit 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 DeSpend and place a buy order by entering the amount you wish to purchase. 6) Confirm your order and wait for the transaction to complete.
Why do people buy DeSpend?
People buy DeSpend for its practical benefits in managing personal finances. It offers a unique way to track and control spending, making it easier to stick to a budget. DeSpend is integrated into various financial tools and apps, enhancing its utility in everyday life. It is not about making money but about gaining better control over your financial habits. Its adoption in financial ecosystems highlights its relevance in promoting responsible spending.
Things to know before buying DeSpend in the United States
In the United States, cryptocurrencies like DeSpend are legal but regulated. Users must complete KYC and AML verification when setting up accounts on platforms like OKX. It's important to know that any gains from selling DeSpend 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. Compliance with these regulations ensures a secure and lawful experience.
What are other ways to own DeSpend?
Besides buying, you can obtain DeSpend through various programs. Some platforms offer airdrops, where tokens are distributed for free to eligible users. Learn-and-Earn programs reward you with DeSpend for completing educational tasks. Participating in network activities like staking or providing liquidity can also earn you tokens. These methods require effort and understanding of the associated risks, such as market volatility and potential loss of funds.
How can I store my DeSpend?
To keep your DeSpend safe, understand the risks of loss, hacks, and theft. You can store it in a custodial wallet on OKX, where the platform manages security, or in a non-custodial wallet, giving you full control. Hot wallets are convenient for frequent access but are online and more vulnerable. Cold wallets, like hardware devices, offer offline security. Always back up your wallet, secure your recovery phrases, and use proof of reserves to ensure your assets are safe.
Why should I buy DeSpend on OKX in the UAE?
Learn more about the security measures keeping your DeSpend 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 DeSpend (DSG)
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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 DSG (DeSpend) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for DSG (DeSpend)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select DSG (DeSpend) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for DSG (DeSpend)
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.