The blockchain industry is flourishing across multiple chains. To explore the unique features of each Layer1 or Layer2, it’s essential to first acquire the native token of that chain to facilitate transactions. This article will use the recently launched X Layer by OKX as an example, providing three ways for you to quickly get $OKB!
(Since the methods in this article involve using OKX, it is recommended for those who have not used OKX before to first register for an account and complete the identity verification process (KYC).)
(Know more about X Layer before reading: XY Finance Integrates X Layer: Bridge & Swap Any Token Across 20+ Major EVMs)
Best Three Ways to Buy OKB
There are three main gateways to acquire $OKB depending on where your assets are as well as your preference:
- Through OKX Exchange
- CeFi, need to KYC
- Through OKX Express Buy With Debit/Credit Cards
- Faster but higher fee
- Through XY Finance
- DeFi, fast & cheap
- If you already have assets on other chains, you can simply bridge & swap it to $OKB on X Layer with assets on all supported chains.
Buy OKB Through OKX Exchange
$OKB serves as the token of the OKX ecosystem and as the native token on X Layer. The simplest way to acquire it is through purchasing via the trading pairs available on the OKX exchange. Currently, there are four spot $OKB trading pairs available on OKX.👇👇
After selecting the trading pair, you’ll be directed to the trading interface where the simplest method to purchase is via a market order:
- Ensure the current price is acceptable for buying.
- Enter the amount you wish to purchase and click “Buy $OKB”.
- Check the transaction details and confirm the order.
- $OKB will be displayed in your wallet upon completion of the purchase.
Additionally, users can also opt for a limit order to buy at a specified amount. The process is largely similar, requiring only an additional step to enter the acceptable purchase price.
Of course, this method is not exclusive to OKX; any centralized exchange (CEX) that offers $OKB trading pairs can be used to purchase $OKB in a similar manner.
Buy OKB With Your Debit/Credit Cards Through OKX Express Buy
If you prefer not to purchase $OKB using other cryptocurrencies, OKX’s Express Buy feature allows you to buy various cryptocurrencies including $OKB with fiat money.
First, users need to select the fiat currency they wish to use for payment. After entering the amount they want to purchase, they simply press “Buy $OKB.”
At this stage, several options will be available for the user to choose from, including:
- P2P Express
- MoonPay
- Banxa
- Simplex
After making a selection, users will be directed to the respective payment interface. Following certain verification steps, users can complete their purchase using debit or credit cards.
Buy OKB Through XY Finance
Lastly, users can acquire $OKB through on-chain DeFi Dapps, and for this, XY Finance comes highly recommended. As a cross-chain bridge aggregator, XY Finance operates across more than 20 EVM-compatible chains, including X Layer, ETH mainnet, Arbitrum, and other popular chains. Users can quickly get $OKB using assets from these chains.
Moreover, XY Finance prioritizes a user-friendly experience, simplifying token swaps between different chains to make the process more efficient and cost-effective. This approach ensures users receive the best possible options at competitive prices.
Check out this step-by-step guide below and discover just how easy it is to purchase $OKB on chain!
⓵ Visit Swap page and Click “Connect wallet”
Start your cross-chain journey
⓶ Connect Your Web3 Wallet
Up to 10 of the most common wallets available!
⓷ Select the Tokens & Chains Accordingly
Cross-chain or single-chain swap are both available.
Be sure to choose $OKB as the received token and X Layer as the destination chain.
⓸ Check the Details
Choose the route and click “Review Route”.
⓹Approve & Confirm to Swap
Click “Transfer” and confirm the message from your wallet.
(For the first time, users need to approve the token to allow XY Finance access.)
⓺ Wait for the transaction to be completed
Transaction status can be tracked on the screen
(Encountering any problems while bridging? Check out our comprehensive tutorial.)
Cross-chain transactions will be completed within minutes. To view your past transaction records, you can click the “Transaction” button. If your transaction cannot be completed, please raise a ticket in the XY Finance Discord. Our team will be happy to help you resolve the issue as soon as possible.
That’s it! Doesn’t purchasing OKB seem simple? Find the method that suits you best and dive into the diverse and vibrant ecosystem of X Layer!
About XY Finance
XY Finance is a cross-chain interoperability protocol aggregating DEXs & Bridges. With the ultimate routing across multi-chains, borderless and seamless swapping is just one click away.
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