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 SNT

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
SNT
0x744d...5b9e
€0.015585
-€0.00289 (-15.65%)
4.5
Last updated on --.
Trade SNT

How to buy SNT on OKX DEX

Whether you’re new to DeFi or an experienced trader, follow this guide to buy SNT.
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 StatusNetwork?

StatusNetwork is like a digital walkie-talkie that helps people talk and share things online without anyone snooping. It exists to give people privacy and control over their messages and information. Imagine a secret club where only you and your friends can see what you say. StatusNetwork solves the problem of keeping your online chats private and safe from prying eyes.

How can I buy StatusNetwork?

1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity with required documents to comply with U.S. regulations. 3) Fund your account using a bank transfer or credit card. 4) Search for StatusNetwork and place a buy order by entering the amount you wish to purchase. Follow the prompts to complete the transaction.

Why do people buy StatusNetwork?

People buy StatusNetwork to enjoy private and secure communication. It allows users to send messages and share information without worrying about privacy breaches. StatusNetwork is part of a growing ecosystem that values user control and privacy. It is used in various applications that prioritize secure communication, making it relevant in today's digital world.

Things to know before buying StatusNetwork in the United States

In the United States, cryptocurrencies like StatusNetwork are legal but regulated. You must complete KYC and AML verification when buying. Cryptocurrencies are subject to taxes, such as capital gains tax when sold for a profit. Income from staking or rewards may also be taxable. Always consult a tax professional for guidance on your specific situation.

What are other ways to own StatusNetwork?

You can obtain StatusNetwork through airdrops, where tokens are given for free, or by participating in Learn-and-Earn programs that reward you for learning about crypto. Staking or network participation can earn you tokens as rewards. Providing liquidity or completing tasks like referrals may also earn StatusNetwork. Each method requires effort and understanding of risks involved.

How can I store my StatusNetwork?

To keep your StatusNetwork safe, choose between custodial storage, where OKX holds your tokens, or non-custodial storage, where you control them. Hot wallets are convenient but connected to the internet, while cold wallets are offline and more secure. Always back up your wallet and keep recovery phrases safe. Use proof of reserves to ensure your tokens are secure.

Why should I buy StatusNetwork on OKX in the UAE?

Learn more about the security measures keeping your StatusNetwork safe and readily available.
Best aggregated prices
OKX DEX aggregates major DEXs for the best prices and liquidity.
Why should I buy StatusNetwork on OKX in the UAE?
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.
Why should I buy StatusNetwork on OKX in the UAE?

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.
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 SNT (StatusNetwork) as the crypto you want to swap from and to
3. Indicate the amount of cryptocurrency you wish to swap for SNT (StatusNetwork)
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.

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.