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 BOOST
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
BOOST
55Xi4W...cafw
$0.00019788
$0.00011703 (+144.76%)
Last updated on --.
How to buy BOOST on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy BOOST.
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 Boost?
Boost is like a special digital token that helps make things faster and easier in the digital world. Imagine it as a magic key that opens doors to new technology, making it work better. It exists to solve problems like slow transactions or complicated processes, helping people and businesses do things more smoothly and quickly. Think of it as a helpful tool that makes digital tasks simpler and more efficient.
How can I buy Boost?
1) Start by creating an account on OKX. Visit the website and click 'Sign Up.' Provide your email and create a strong password. 2) To fund your account, link your bank account or use a credit/debit card. Follow the instructions to transfer funds securely. 3) Once your account is funded, search for Boost in the marketplace. Click 'Buy,' enter the amount you wish to purchase, and confirm your order. Your Boost tokens will appear in your account.
Why do people buy Boost?
People buy Boost because it can make digital transactions faster and more efficient. It's used in various applications to improve speed and reduce costs. Boost is part of a growing ecosystem where it's accepted for different services, making it practical for everyday use. However, it's important to understand that while Boost offers utility, it also comes with limitations like any technology, such as network dependency and evolving regulations.
Things to know before buying Boost in the United States
In the United States, cryptocurrencies like Boost are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when setting up an account. This means verifying your identity with documents. Tax-wise, any gains from selling Boost may be subject to capital gains tax. If you earn Boost through staking or other means, it might be considered income, so keep records for tax purposes.
What are other ways to own Boost?
You can obtain Boost without buying it directly through various methods. Participate in airdrops, where tokens are distributed for free to eligible users. Engage in Learn-and-Earn programs that reward you with Boost for completing educational tasks. You might also earn Boost by staking, which involves holding tokens to support network operations, or by providing liquidity in certain platforms. Each method requires effort and understanding of potential risks.
How can I store my Boost?
To keep your Boost safe, understand the difference between custodial and non-custodial storage. Custodial wallets are managed by a third party, offering convenience but less control. Non-custodial wallets give you full control but require careful management. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet, keep recovery phrases safe, and use strong passwords to protect against loss or theft.
Why should I buy Boost on OKX in the United States?
Learn more about the security measures keeping your Boost 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 Boost (BOOST)
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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 BOOST (Boost) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for BOOST (Boost)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select BOOST (Boost) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for BOOST (Boost)
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.