Discover how to buy Walrus (WAL) on an exchange you can trust
Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.
Walrus (WAL) is currently at
$0.12600
-$0.00270 (-2.14%)
Last updated on --.
How can I buy Walrus on OKX?
Whether you're new to crypto or an experienced trader, you can buy Walrus using the OKX Wallet or Exchange.
Step one
Get OKX
Download the app and sign up in a matter of minutes.
Step two
Fund your account
Deposit funds via bank transfer, credit card, or Apple Pay.
Step three
Choose Walrus
Select Walrus and buy using your chosen method.
Step four
Receive your Walrus
Confirm your purchase and store your Walrus in your portfolio.
What's Walrus?
Walrus is a digital token that helps people exchange value online without needing a bank. Imagine trading a special card with friends that everyone agrees is valuable. Walrus exists to make online transactions easier and faster, solving the problem of slow and expensive money transfers. It's like sending a digital postcard instantly, anywhere in the world.
How can I buy Walrus?
1) Create an account on OKX by visiting the website and signing up with your email. 2) Verify your identity with required documents. 3) Fund your account using a bank transfer, credit card, or other local payment methods. 4) Navigate to the trading section, search for Walrus, and place a buy order by entering the amount you wish to purchase.
Why do people buy Walrus?
People buy Walrus for its ability to facilitate quick and easy online transactions. It is used in various digital ecosystems for payments and services, offering a seamless experience. Walrus is recognized for its efficiency and growing adoption in tech communities, making it a practical choice for digital interactions without relying on traditional banks.
Things to know before buying Walrus in the United States
In the United States, cryptocurrencies like Walrus are legal but regulated. Users must complete KYC and AML checks when signing up on exchanges. Tax implications include reporting capital gains and income from activities like staking. It's important to keep records of transactions for tax purposes and consult a tax professional for guidance.
What are other ways to own Walrus?
You can obtain Walrus through airdrops, where tokens are distributed for free, or by participating in Learn-and-Earn programs that reward you for completing educational tasks. Staking or providing liquidity in certain networks can earn you Walrus as rewards. These methods require effort and understanding of the risks involved, such as market volatility.
How can I store my Walrus?
To keep Walrus safe, consider using a wallet. Custodial wallets are managed by platforms like OKX, offering convenience but less control. Non-custodial wallets give you full control but require careful management. 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.
Why should I buy Walrus on OKX?
Learn more about the security measures keeping your Walrus safe and readily available.
Proof of Reserves
Our 1:1 reserve ensures your funds will always be available to you.
High liquidity
Our high trading volumes mean deeper liquidity and smoother execution for you.
Transparency
We ensure historical market data is available to you at all times.
Security
We adhere to the strictest global security and compliance standards.
Learn more about how to buy Walrus (WAL)
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How to get Walrus for free
Invite friends, earn rewards
See how you can get free Walrus when you invite friends to trade with you.
Earn APY on your crypto
Earn interest down to every dollar and watch your Walrus grow, for free. Put your crypto to work, 24/7.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade Walrus
Take advantage of price fluctuations and trade your Walrus for other cryptocurrencies.
Send Walrus
Send your Walrus anywhere, anytime with fast, low-cost transfers.
Spend Walrus
Use your Walrus to pay for goods, services, and experiences seamlessly.
Hold Walrus
If you think your Walrus will increase in value, you can hold onto it.
Sell Walrus
Convert your Walrus to cash quickly and securely.
How to buy Walrus (WAL) FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy Walrus WAL safely on a trusted exchange like OKX.
Choose the best exchange to buy Walrus (WAL) depending on your individual needs. Factors to consider when picking the best place to buy Walrus (WAL) include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping Walrus. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell Walrus (WAL), as well as fiat withdrawal options.
This depends on the method you use to convert Walrus (WAL) to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
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.
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.