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 ETHIC
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
ETHIC
0xa7d0...b7c8
€0.0₅46127
Last updated on --.
How to buy ETHIC on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy ETHIC.
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 Ethic?
Ethic is a digital token designed to make transactions easier and more transparent. Imagine it like a special kind of sticker that you can use to trade for things online. It exists to help people exchange value without needing a middleman, like a bank. Ethic solves the problem of slow and costly transactions by making them faster and cheaper, just like sending a quick message to a friend instead of mailing a letter.
How can I buy Ethic?
1) Create an account on OKX by visiting the website and clicking 'Sign Up.' Provide your email and create 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, debit card, or other local payment methods. 4) Once your account is funded, search for Ethic in the marketplace. 5) Click 'Buy' and enter the amount of Ethic you wish to purchase. Confirm your order to complete the transaction.
Why do people buy Ethic?
People buy Ethic for its practical uses, like making fast and low-cost transactions. It's part of a growing digital ecosystem where you can use it to pay for services or participate in online communities. Ethic is also valued for its transparency, as all transactions are recorded on a public ledger. However, it's important to note that its value can change, and it's not universally accepted yet, so consider its current use cases and limitations.
Things to know before buying Ethic in the United States
In the United States, cryptocurrencies like Ethic are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when setting up an account. Be aware that buying, selling, or earning Ethic may have tax implications, such as capital gains tax. It's important to keep records of your transactions for tax reporting. Always stay informed about the latest regulations to ensure compliance.
What are other ways to own Ethic?
You can obtain Ethic without buying it by participating in airdrops, where tokens are distributed for free to promote a project. Some platforms offer Learn-and-Earn programs, rewarding you with Ethic for completing educational tasks. You might also earn Ethic by staking, which involves holding tokens in a wallet to support network operations. Each method requires effort and understanding of the risks, such as potential loss of tokens or changes in value.
How can I store my Ethic?
To keep your Ethic safe, you can choose between custodial and non-custodial storage. Custodial storage means a trusted platform like OKX holds your tokens, offering convenience but requiring trust. 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 Ethic from loss or theft.
Why should I buy Ethic on OKX in the UAE?
Learn more about the security measures keeping your Ethic 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 Ethic (ETHIC)
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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 ETHIC (Ethic) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for ETHIC (Ethic)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select ETHIC (Ethic) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for ETHIC (Ethic)
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.