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 RQN

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
RQN
6LG7wZ...BBuD
$0.0₄28506
$0.000022396 (+366.53%)
4.5
Last updated on --.
Trade RQN

How to buy RQN on OKX DEX

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

RQN is a digital token designed to make online transactions easier and faster. Imagine it like a special kind of money you can use on the internet. It helps solve the problem of slow and expensive payments by allowing people to send and receive money quickly and cheaply. RQN exists to make digital payments more accessible and efficient for everyone, just like how email made sending letters faster.

How can I buy RQN?

1) Create an account on OKX by visiting the website and clicking 'Sign Up'. Provide your email and set a password. 2) Fund your account using a bank transfer, credit card, or other local payment methods like ACH transfers. 3) Once your account is funded, search for RQN in the marketplace, select the amount you want to buy, and place your order. Follow the prompts to complete the purchase.

Why do people buy RQN?

People buy RQN because it offers practical benefits like fast and low-cost transactions. It's used in various online platforms, making it easier to pay for services or goods. RQN is part of a growing ecosystem that supports digital payments, helping users avoid traditional banking fees. However, it's important to understand that while RQN is useful, it may not be accepted everywhere yet.

Things to know before buying RQN in the United States

In the United States, cryptocurrencies like RQN are legal but regulated. You must complete KYC and AML verification when setting up your account. Tax implications include reporting capital gains if you sell RQN for more than you paid, and income tax on any earnings from staking. Always consult a tax professional to understand your obligations and ensure compliance with local laws.

What are other ways to own RQN?

You can obtain RQN through airdrops, where tokens are distributed for free to promote the network. Participate in Learn-and-Earn programs to earn RQN by completing educational tasks. Staking RQN or providing liquidity can also earn rewards, but these require holding tokens and understanding network rules. Task-based rewards, like referrals, offer RQN for promoting the platform.

How can I store my RQN?

To keep your RQN safe, consider storage options like custodial wallets, where OKX manages security, or non-custodial wallets, where you control your keys. Hot wallets are convenient for frequent use but less secure than cold wallets, which store tokens offline. Always back up your wallet, keep recovery phrases secure, and use proof of reserves to ensure your assets are protected.

Why should I buy RQN on OKX?

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

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