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 TR Centralized Exchange, and OKX TR does not facilitate their trading. Digital assets displayed are automatically generated based on popularity ranking. OKX TR does not provide investment recommendations and is not responsible for any potential losses.

Discover how to buy LOOPI

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
LOOPI
4ARAGt...qvWK
₺0.0083041
₺0.0058759 (+241.99%)
4.5
Last updated on --.
Trade LOOPI

How to buy LOOPI on OKX DEX

Whether you’re new to DeFi or an experienced trader, follow this guide to buy LOOPI.
Step one
Get OKX Wallet
Create or import your Web3 wallet using the OKX TR 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 LOOPI?

LOOPI is a digital token designed to make online transactions easier and faster. Imagine it like a special kind of digital sticker that you can use to trade for goods or services on the internet. It exists to help people exchange value without needing to use traditional money, which can be slow and expensive. LOOPI solves the problem of high transaction fees and long wait times by providing a quick and cost-effective way to send and receive payments online.

How can I buy LOOPI?

1) Create an account on OKX by visiting the website and clicking 'Sign Up.' Provide your email and create a strong password. 2) Verify your identity by uploading a government-issued ID, as required by U.S. regulations. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Once your account is funded, search for LOOPI in the marketplace. 5) Place a buy order by entering the amount of LOOPI you wish to purchase and confirm the transaction.

Why do people buy LOOPI?

People buy LOOPI for its practical uses in digital transactions. It allows for quick and low-cost payments, making it ideal for online shopping or sending money to friends. LOOPI is also part of a growing ecosystem where it can be used for various services. However, it's important to note that while LOOPI offers convenience, its value can fluctuate, and it's not universally accepted everywhere yet. Always consider your needs and how LOOPI fits into them.

Things to know before buying LOOPI in the United States

In the United States, cryptocurrencies like LOOPI are legal but regulated. You must complete KYC (Know Your Customer) and AML (Anti-Money Laundering) checks when setting up an account. Be aware that any gains from selling LOOPI may be subject to capital gains tax. If you earn LOOPI through staking or other means, it might be considered taxable income. Always consult a tax professional to understand your obligations.

What are other ways to own LOOPI?

You can obtain LOOPI without buying it directly through various methods. Participate in airdrops, where tokens are distributed for free to promote a project. Engage in Learn-and-Earn programs that reward you with LOOPI for completing educational tasks. You might also earn LOOPI by staking, which involves holding tokens in a wallet to support network operations. Each method requires different levels of effort and carries its own risks, so research thoroughly before participating.

How can I store my LOOPI?

To keep your LOOPI safe, understand the difference between custodial and non-custodial storage. Custodial wallets, like those on exchanges, are convenient but rely on third-party security. Non-custodial wallets give you full control but require you to manage your own security. Hot wallets are online and easy to access, while cold wallets are offline and more secure. Always back up your wallet and keep recovery phrases safe to protect against loss or theft.

Why should I buy LOOPI on OKX TR in Turkey?

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

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