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 BM
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
BM
Hb6nmU...pump
$0.0₅62304
Last updated on --.
How to buy BM on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy BM.
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 Black Monday?
Black Monday is a digital token created to help people exchange value online without needing banks. Imagine trading baseball cards with friends; Black Monday lets you do that with digital items. It exists to make transactions faster and easier, solving the problem of slow and expensive traditional methods. It's like using a magic key to open doors in the digital world, making things simpler and more accessible for everyone.
How can I buy Black Monday?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Fund your account using a bank transfer, credit card, or other local payment methods like PayPal. 3) Once your account is funded, search for Black Monday in the marketplace and place a buy order by selecting the amount you want to purchase. Follow the prompts to complete your transaction.
Why do people buy Black Monday?
People buy Black Monday for its practical uses, like making online transactions smoother and faster. It can be used in various digital ecosystems, allowing users to access services or products easily. Black Monday is adopted by different platforms, enhancing its utility. However, it's important to understand its limitations, such as market volatility and the need for secure storage. It's a tool for digital interaction, not a get-rich-quick scheme.
Things to know before buying Black Monday in the United States
In the United States, cryptocurrencies like Black Monday are legal but regulated. Users must complete KYC and AML verification when setting up accounts. Tax implications include reporting capital gains if you sell Black Monday for more than you paid, and income tax on any earnings from staking. It's crucial to keep records of transactions for tax purposes. Always stay informed about changes in regulations to ensure compliance.
What are other ways to own Black Monday?
You can obtain Black Monday through airdrops, where tokens are distributed for free to promote the project. Participate in Learn-and-Earn programs to earn tokens by completing educational tasks. Staking or network participation can reward you with tokens for supporting the network. Providing liquidity in certain platforms may also earn you Black Monday. Each method requires effort and understanding of risks, such as market fluctuations and security concerns.
How can I store my Black Monday?
To keep Black Monday safe, understand the risks of loss, hacks, and theft. Use custodial storage for convenience, where OKX holds your tokens securely. Non-custodial storage gives you control, using hot wallets for easy access or cold wallets for offline security. Always back up your wallet and keep recovery phrases safe. Proof of reserves ensures your tokens are backed. Choose the storage method that balances security and ease of use for your needs.
Why should I buy Black Monday on OKX?
Learn more about the security measures keeping your Black Monday 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 Black Monday (BM)
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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 BM (Black Monday) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for BM (Black Monday)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select BM (Black Monday) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for BM (Black Monday)
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.