How to buy BUT on OKX DEX
Whether you’re new to DeFi or an experienced trader, follow this guide to buy BUT.
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 Bitcoin UTF?
Bitcoin UTF is a digital token that helps people exchange value online without needing a bank. Imagine it like digital stickers you can trade with friends. It exists to make sending and receiving value easier and faster, especially across borders. Bitcoin UTF solves the problem of slow and expensive transactions by using technology that lets people trade directly with each other, like sharing toys without needing a store.
How can I buy Bitcoin UTF?
1) Create an account on OKX by visiting the website and clicking 'Sign Up'. 2) Complete identity verification by providing necessary documents. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the 'Buy Crypto' section, select Bitcoin UTF, and enter the amount you wish to purchase. 5) Confirm the transaction and your Bitcoin UTF will be added to your account.
Why do people buy Bitcoin UTF?
People buy Bitcoin UTF because it allows them to participate in a global digital economy. It can be used for online transactions, sending value to friends or family, and accessing services that accept digital tokens. Bitcoin UTF is widely recognized and supported, making it a practical choice for those looking to explore digital currencies. However, it requires understanding of digital wallets and transaction processes.
Things to know before buying Bitcoin UTF in the United States
In the United States, cryptocurrencies like Bitcoin UTF are legal but regulated. Users must complete KYC and AML checks when setting up accounts. Cryptocurrencies are subject to tax implications, such as capital gains tax when sold for a profit. It's important to keep records of transactions for tax reporting. Always ensure compliance with local laws and regulations when dealing with digital currencies.
What are other ways to own Bitcoin UTF?
Besides buying, users can obtain Bitcoin UTF through airdrops, where tokens are distributed for free, or by participating in Learn-and-Earn programs that reward education. Staking involves holding tokens to support network operations and earn rewards. Users can also earn Bitcoin UTF by providing liquidity in certain platforms or completing tasks like referrals. Each method requires effort and understanding of associated risks.
How can I store my Bitcoin UTF?
To keep Bitcoin UTF safe, users can choose between custodial storage, where a service holds the tokens, or non-custodial storage, where they manage their own wallets. Hot wallets are convenient for frequent access but less secure, while cold wallets offer better security for long-term storage. Basic safety practices include backing up wallet information and securing recovery phrases. Always prioritize security to protect your tokens.
Why should I buy Bitcoin UTF on OKX?
Learn more about the security measures keeping your Bitcoin UTF 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 Bitcoin UTF (BUT)
How to Swap Crypto?
Did you know millions of crypto swaps are completed every day—instantly and with no sign-up required? Understanding **how to swap crypto** is now a basic skill for any crypto user. Instant and secure
How to Get a Crypto Loan
A crypto loan lets you borrow cash or stablecoins using your crypto as collateral, without having to sell it. Here’s how to get a crypto loan in just a few steps: - Sign up and verify your account on
Why is Crypto Down? 7 Key Reasons & What To Do
The global crypto market cap fell 2% overnight, triggering widespread concern. If you’re searching for “why is crypto down,” you’re not alone. Crypto prices are famously volatile, but sudden drops can
Types of Crypto Wallets: The Complete Beginner's Guide
Crypto is only as safe as the wallet you use to store it. If you’re new to digital assets, you might be surprised by just how many types of crypto wallets exist—each with different security levels, ac
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 BUT (Bitcoin UTF) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for BUT (Bitcoin UTF)
4. Execute the transaction
1. Set up and connect your digital wallet to the DEX you choose
2. Select BUT (Bitcoin UTF) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for BUT (Bitcoin UTF)
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.





