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How to buy cryptocurrency and store it safely?
Cryptocurrency is a new class of digital assets popularized by Bitcoin (BTC). While cryptocurrencies or digital/virtual currencies work much like their traditional fiat counterparts, the biggest difference between the two is the lack of centralized infrastructure and banks.Where fiat currencies are issued by and kept in banks, digital currencies are issued via distributed mechanisms that follow strict consensus protocols. This translates into cryptocurrencies being stored on blockchains which are largely immutable, much more transparent and globally accessible.Given their utility and growing list of use cases, cryptocurrencies are gaining popularity and one way to buy cryptocurrency is to use a reliable crypto exchange like OKX. On OKX, users can sign up, verify their identities and start buying Bitcoin and other cryptocurrencies instantly using credit cards, debit cards, bank transfers and other supported payment methods.Typically, when you buy cryptocurrency, you have to store it in a dedicated wallet, but the security of your digital assets depends on how safely your private key is kept. Every cryptocurrency wallet has a private key which allows complete access to the stored digital assets. If you lose your private key, you effectively lose your funds.Using an exchange like OKX also facilitates users because their newly purchased or traded digital assets are kept securely on the platform and are credited into users' accounts, available to be sold or transferred as required.Ultimately, users should always buy cryptocurrency from a reliable exchange, and if they withdraw their digital assets to a personal wallet, they should keep their private keys safe and backed up to ensure the security of their funds.
Why buy OKB with OKX?
How to buy OKB?
You can buy OKB in your local currency with a minimum purchase quantity of $20. Alternatively, you can deposit other cryptos (such as USDT, ETH or BTC) to yourOKX account and use these cryptocurrencies to buy OKB.
Why buy OKB at OKX?
Once you log in your OKX account, you can start to buy OKB with your preferred payment methods quickly and securely on OKX.
Can I buy OKB with a credit card?
You can buy OKB using a variety of payment methods such as bank, Alipay, WeChat, debit card, PayPal etc. Once your order is completed, your OKB will be automatically transferred to your OKX account.
Want to learn more before you buy OKB?
Get detailed information about cryptocurrencies listed on OKX, including their tech, founders and price history.