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 PROMPT
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
PROMPT
utXymk...Xmis
AED0.00058082
AED0.00045992 (+380.41%)
Last updated on --.
How to buy PROMPT on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy PROMPT.
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 PromptNet?
PromptNet is like a digital playground where people can share and use information quickly and safely. Imagine it as a magic box that helps people talk to each other without any middlemen. It exists to make sharing information easier and faster, solving the problem of slow and complicated communication. Just like how a mailman delivers letters, PromptNet delivers information instantly, making it super useful for everyone who needs quick and secure exchanges.
How can I buy PromptNet?
1) Create an account on OKX by visiting the website and clicking 'Sign Up'. Follow the instructions to enter your details and verify your identity. 2) Fund your account using a bank transfer, credit card, or other local payment methods available in the United States. 3) Once your account is funded, search for PromptNet in the marketplace, select the amount you want to buy, and place your order. Follow the prompts to complete your purchase.
Why do people buy PromptNet?
People buy PromptNet because it helps them access a fast and secure way to share information. It is widely used in various industries for its efficiency and reliability. PromptNet is part of a growing ecosystem that supports innovative applications, making it valuable for those who need quick and secure data exchanges. However, it's important to understand its limitations, such as network fees and the need for technical understanding.
Things to know before buying PromptNet in the United States
In the United States, cryptocurrencies like PromptNet are legal but regulated. Users must complete KYC and AML verification to comply with laws. Tax implications include reporting capital gains if you sell PromptNet for more than you paid. Income from activities like staking may also be taxable. It's crucial to keep records of transactions and consult a tax professional for guidance on your specific situation.
What are other ways to own PromptNet?
You can obtain PromptNet through airdrops, where tokens are given for free during promotions. Participate in Learn-and-Earn programs to earn tokens by completing educational tasks. Staking or network participation can reward you with PromptNet, but requires holding other tokens. Providing liquidity or joining task-based reward programs like referrals can also earn you PromptNet. Each method involves different levels of effort and risk, so choose wisely.
How can I store my PromptNet?
To keep your PromptNet safe, understand the risks of loss, hacks, and theft. You can store it in custodial wallets, where a service holds it for you, or non-custodial wallets, where you control it. Hot wallets are online and convenient but less secure, while cold wallets are offline and more secure. Always back up your wallet, keep recovery phrases safe, and check for proof of reserves. Choose the storage method that balances security and convenience for you.
Why should I buy PromptNet on OKX in the UAE?
Learn more about the security measures keeping your PromptNet 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 PromptNet (PROMPT)
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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 PROMPT (PromptNet) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for PROMPT (PromptNet)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select PROMPT (PromptNet) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for PROMPT (PromptNet)
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.