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How to buy Dymension(DYM) on OKX

Updated on: 2024-09-19 21:37:16(UTC+0)
In this tutorial we will talk about:
1
How to buy Dymension(DYM)
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How to redeem USDT with a credit card and then exchange it into Dymension(DYM)
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How to purchase USDT with a savings card and exchange it for Dymension(DYM)
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Use the quick way to purchase USDT and exchange it for Dymension(DYM)
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What can you do with Dymension
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Market stats to help you decide if it is a good time to buy Dymension
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How to Safely Store Your Dymension

How to buy Dymension(DYM)

How to buy cryptocurrency on an exchange

Investing in Dymension(DYM)has never been easier! Registering on an exchange, verifying your account, and paying via bank transfer, debit or credit card, paired with a secure cryptocurrency wallet, are the most widely accepted methods of acquiring cryptocurrencies. Here’s a how-to guide on how to buy cryptocurrency on an exchange.

Step 1: Register on OKX (click the link to register)

You can register by email or phone number, then set a password and complete the verification to pass the registration.


Step 2: Identity Verification—Submit KYC information to verify your identity

Please verify your identity to ensure full compliance and enhance your experience with complete identity verification. You can go to the identity verification page, fill in your country, upload your ID, and submit your selfie. You will receive a notification and once your ID has been successfully verified, you can start transactions by binding your bank card or credit card.

How to redeem USDT with a credit card and then exchange it into Dymension(DYM)

Step1:Click to buy crypto, first select your country, then click Card

Step2:Select my profile in the upper right corner

Step3:Select Add Payment Method in the lower right corner and select the credit card applicable to you to fill in the information and bind it, for example: Wise, Visa, etc.

Step 4: Click P2P Transaction again, select the corresponding payment method and select the appropriate merchant to complete the transaction.

Step 5: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Dymension (DYM), and purchase it. Token.


How to purchase USDT with a savings card and exchange it for Dymension(DYM)

Step1:CardClick to buy Crypto and select a card

Step2:Select my profile in the upper right corner

Step3:Select Add Payment Method in the lower right corner, and select the debit card applicable to you to fill in the information and bind it, such as: Payeer, ABA bank, TowerBank, etc..

Step4:Click Trade and find the P2P option, select the corresponding payment method and select the appropriate merchant to complete the transaction.

Step 5: After completing the transaction, your amount will be converted into USDT (USDT is a US dollar stable currency, calibrated 1:1 with the US dollar) and stored in the account. That is, click on transaction, search for Dymension (DYM), and purchase it. Token.

Use the quick way to purchase USDT and exchange it for Dymension(DYM)

Step1.Click to buy Crypto and select a card

Step2.Enter the amount of Dymension(DYM)you want

Step3.Click p2p to purchase

Step 4: Click Transaction, search for Dymension(DYM), and purchase its tokens.





About OKX

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OKX

What Is OKX?

OKX is a global company offering exchange and Web3 services with offices in Hong Kong, Singapore, the UAE, Silicon Valley, and the Bahamas. OKX exchange services are offered by its Seychelles-incorporated and Bahamas-registered entities. OKX offers Web3 services in the United States and has an office in Silicon Valley, but it does not offer exchange services in the United States. The exchange offers basic trading including spot and simple options, and derivatives including margin, futures, perpetual swaps and options. Other products include: trading bots, block trading, OKX Earn (savings, stablecoins, DeFi, staking, ETH 2.0 and more), crypto loans and Jumpstart, the exchange’s launchpad.

OKX wallet claims to be the “portal to Web3,” offering a crypto hot wallet, decentralized exchange (DEX), a NFT marketplace and decentralized applications (DApps). The wallet supports over 30 networks, including major blockchains like Bitcoin, Ethereum, BNB Chain, Solana, Polygon, Avalanche, Fantom and more.

OKX also has its own native blockchain — X Layer and native token — OKB, which allows builders and projects to deploy DApps and developers to use infrastructure like OKX Oracle and more.

In January 2022, OKEx was rebranded as OKX, with a new branding and roadmap.

Who Are the OKX Founders?

OKX (formerly OKEx) is owned by OK Group.

The company was founded by Mingxing "Star" Xu back in 2013 in China. Xu is a Chinese entrepreneur. He holds a Bachelor's degree in Applied Physics from the University of Science and Technology Beijing. Star Xu is CEO of OK Group.

The present CEO of OKX is Star Xu.

When Did OKX Launch?

The exchange, formerly known as OKEX, was launched in 2017.

OKX Restricted Countries

The project is supported in over 200 countries. However, residents of the United States don’t have access to the platform's services.

What Coins Are Supported on OKX?

The exchange lists over 350 cryptocurrencies and supports more than 500 trading pairs. The platform lists major tokens including BTC, ETH, OKB, AAVE, SOL, MATIC, XRP, DOGE, SHIB, and DOT.

How Much Are OKX Fees?

The fee structure is based on market taker and maker model. Trading fees on the platform start at 0.10% and decrease as trading volume increases. For regular users, fees depend on the number of OKB (native currency) in the OKX ecosystem, while for advanced users, fees are based on their 30-day trading volumes.

Is It Possible To Use Leverage or Margin Trading on OKX?

OKX offers margin trading with leverage up to 10X. For derivatives, OKX also offers futures trading and perpetual swaps with up to 125X leverage. Traders can also leverage through crypto options, including BTC, ETH and more.

How to buy Dymension in other countries?

Anywhere OKX exchange is available, you may easily purchase Dymension (DYM) with the lowest costs and maximum security. To begin purchasing Dymension in the country of your choice, enter your country's name in the search box below:

What can you do with Dymension

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Store/Hold Dymension
Many users hold on to their Dymension with the expectation of it increasing in value. You can store your DYM safely on your OKX account or on our crypto wallet app Wallet, the most user-friendly and secure mobile wallet.
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Trade Dymension
You can trade Dymension for 150+ cryptocurrencies on OKX exchange's industry-leading, fast, and secure trading platform. OKX offers many trading pairs for Dymension trading to meet your needs.
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Send Dymension
Yes, OKX allows you to easily transfer value around the world, fast. You can buy Dymension online and send to anyone and anywhere with their Dymension address.
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Spend Dymension
You can also buy goods and services with your Dymension. More and more vendors and retailers accept Dymension every day.
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Donate Dymension
OKX accepts Dymension donations from institutions to support global projects aimed at improving the lives of the underprivileged billion. You can donate Dymension to ensure that no one misses out on the growth brought by blockchain.
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Learn More About Dymension
You can read more in-depth articles on Dymension from OKX Research and study how cryptocurrencies like Dymension work on OKX Academy.

Market stats to help you decide if it is a good time to buy Dymension

Perhaps all you need to know is more about it. Allow us to take you through some of the most fascinating Bitcoin Facts from OKX Academy articles in a quick manner. Find out now why people purchase Dymension!

DYM is the platform token. It aims to enhance user experience and economic sustainability in the realm of crypto applications. By standardizing Rollups and leveraging the IBC cross-chain communication protocol, DYM integrates RollApps into a unified experience, paving the way for the emergence of a true Rollup Internet. Security and liquidity are at its core, connecting RollApps through a secure IBC and providing an embedded liquidity layer to facilitate asset pricing and exchange across ecosystems. Additionally, DYM optimizes data, scale, and costs through data publishing and selecting external blockchains suitable for its data. By simplifying the crypto user experience and providing a development toolkit, DYM offers developers and users easy onboarding and access.

How to Buy DYM

1. How to Buy DYM on Exchanges

Step 1: Choose a reputable exchange platform

Select a trustworthy platform from numerous exchanges to make your purchase. Some trusted platforms include Coinbase, Binance, OKX, among others.

Step 2: Register an account

Create an account on the chosen exchange platform. You may need to provide personal information (such as phone number, email) to complete the registration process.

Step 3: Complete identity verification

For security reasons, some platforms may require you to undergo identity verification. Follow the platform's instructions, providing necessary identity information (such as country/ID number) and undergo facial recognition if prompted. Once your identity is confirmed, you'll receive notification.

Step 4: Link your bank or payment method

Link your bank account or other payment methods to the exchange platform for making payments when purchasing DYM.

Step 5: Purchase DYM

Find the option to buy coins on the exchange platform, select the C2C buying process, then input the amount of cryptocurrency you wish to purchase. Typically, you'll choose to buy USDT first and then proceed with the purchase method. Simply place your order, make payment to the seller, and you'll receive the cryptocurrency. Once the payment is completed, you can use your exchange assets to buy DYM.

Step 6: Store your DYM

After purchase, you can choose to store DYM in the digital wallet provided by the exchange platform or transfer it to a hardware wallet under your control.

Step 7: Security Tips

To protect your exchange account and DYM assets, it's essential to use strong passwords and enable two-factor authentication.

How to Buy DYM via Over-the-Counter (OTC) Trading

Over-the-counter (OTC) DYM trading occurs directly between buyers and sellers, bypassing exchanges or other intermediaries. Here are the general steps for OTC DYM trading:

Step 1: Find an OTC trading channel

Start by finding a reliable OTC trading platform or service provider. These platforms typically offer online marketplaces or ways to connect with brokers for trading.

Step 2: Register an account

Sign up for an account on the chosen OTC trading platform. You may need to provide some personal information (phone/email) to complete the registration process.

Step 3: Complete identity verification

For security purposes, some platforms may require you to undergo identity verification. Follow the platform's instructions to provide necessary identity information (nationality/ID) and undergo facial recognition or other verification steps.

Step 4: Browse the trading list

After logging into your account, browse through the platform's trading list to find DYM trades that interest you. You can choose trades based on the trader's reputation rating, trade volume, price, and payment methods.

Step 5: Select a trading partner

Once you find a suitable trade, click to enter the trading page and carefully review the trader's terms and conditions. Ensure you understand and agree to the trader's requirements, such as trade amount, payment method, trade time, etc.

Step 6: Negotiate trade details

After reaching an agreement with the trader, you can negotiate trade details such as trade amount, payment method, trade time, and location.

Step 7: Make payment

According to the agreement reached with the trader, use the chosen payment method to pay the DYM purchase amount to the seller.

Step 8: Confirm receipt

Once the trader confirms receiving your payment, they will release DYM to the DYM address you provided. You can check your DYM wallet balance after the trade to confirm its success.

3. How to Buy DYM through Decentralized Exchanges (DEX)

Buying DYM on decentralized exchanges (DEX) differs from purchasing other cryptocurrencies on centralized exchanges. Here are the general steps for buying DYM on DEX:

Step 1: Choose a DYM-supporting wallet

Create a new wallet supporting DYM assets, then select a decentralized exchange that supports DYM.

Step 2: Connect your wallet

Before using the DEX, you need to connect a wallet supporting the DYM blockchain. You can connect your wallet to the selected DEX via browser extension or mobile application.

Step 3: Deposit funds

In your wallet, select deposit and choose the asset you want to deposit (such as stablecoins). Follow the wallet prompts to complete the deposit process.

Step 4: Find the trading pair

Search or browse for the DYM trading pair on the DEX. Typically, you can find a search box or a list of trading pairs on the exchange's homepage or trading interface.

Step 5: Place an order

Once you find the DYM trading pair, you can choose between market or limit orders and input the quantity you want to purchase. Ensure you input the correct price and quantity in the order, then confirm the order.

Step 6: Wait for the trade to execute

Your order will be submitted to the DYM blockchain and wait for confirmation and execution by miners. Once the order is executed, you will receive the purchased DYM, which you can view in your wallet balance.

Step 7: Withdraw funds

After completing the trade, you can choose to withdraw the purchased DYM to your wallet for safer storage of your digital assets.

4. Official Channels for DYM Project Team or Community

Sometimes, the DYM project team or community may launch official channels for direct DYM purchases. This may include private placements, presales, or other forms of direct sales.

DYM Cash Price: The price fluctuates daily, with the highest price recorded at $8.734 as of March 30th.

Recommended Exchanges: Binance, OKX, Bybit.

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How to Safely Store Your Dymension?

The OKX wallet offers the most reliable and industry-leading security for risk management, where Dymension can be safely kept. To begin holding a Dymension wallet, register on OKX exchange.

FAQ

Q
How do I purchase Dymension?
A
Nowadays, you can purchase & store Dymension hassle free on exchange. You can use your credit card, bank transfer or perform peer-to-peer trade to buy Dymension. You can easily do it on your computer, tablet or iOS or Andriod phone.
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Can I buy $1 worth of Dymension?
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Typically, you can purchase $1 worth of Dymension, but it depends on the exchange and the cryptocurrency you choose. Some exchanges allow minimum amount transactions, while others may have restrictions on the minimum transaction amount. It is advisable to check the trading rules and minimum transaction amounts when selecting an exchange and cryptocurrency.
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Where can I still buy Dymension?
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You can still buy Dymension on various cryptocurrency exchanges. Some popular exchanges where you may find Dymension include OKX, Binance, Coinbase, Kraken, and Huobi. Be sure to check the availability of Dymension on these platforms and consider factors such as trading pairs, fees, and security features before making a purchase.
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Where is the best place to buy Dymension?
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The best place to buy Dymension depends on factors such as your location, preferred payment method, and trading preferences. Some popular options for buying Dymension include reputable cryptocurrency exchanges like Binance, Coinbase, Kraken, and Huobi. It's recommended to compare features such as fees, supported trading pairs, security measures, and user interface to determine which platform aligns best with your needs. Additionally, you may consider peer-to-peer trading platforms or decentralized exchanges for alternative options.
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Can I view the Dymension chart now?
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Of course, CoinMapAi not only provides information on how to buy Dymension, but also supports viewing Dymension chart. Click on the link next to it to view the actual rise and fall data.

Market risk applies to any cryptocurrency investment activity, including using OKX exchange to purchase Dymension online. While we make every attempt to thoroughly inform our users about every cryptocurrency we offer on the exchange, OKX exchange does not take responsibility for any outcomes that may emerge from your purchase of Dymension. Nevertheless, we do offer simple and convenient ways for you to buy Dymension quickly. The content on this website is not intended to be construed as endorsing any specific cryptocurrency or way to obtain it.

CoinMapAi is your gateway to the Web 3 world, serving as a guide to help you quickly familiarize yourself with and enter the world of cryptocurrency.

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