How to Buy
5 steps to buy on BYDFi
Open BYDFi account for free
Sign up for BYDFi with your email/mobile number and create a strong password to protect your account
Keep your account safe
Enable Google Authentication (2FA), set anti-phishing code, and trading password to add an extra layer of protection to your account.
Verify account
Enter your personal information and upload a photo of your valid ID cardVerify your personal identity
Add payment method
Once your BYDFi account is verified, add credit/debit card or bank account
Buy
There are various payment methods available to purchase KOK on BYDFi. We'll guide you through it
Choose how to purchase KOK on BYDFi
Buying coins on BYDFi is easy and convenient. Explore different ways to buy
- 1
Buy with credit/debit card
This is the easiest way for new users to buy (KOK). Connect your credit/debit card to your account, enter the amount, and wait for the transaction to complete
- 2
Buy through third-party channels
BYDFi supports a variety of leading third-party payment services. Visit ourThird-party payment pageCheck out the payment methods available in your area
- 3
Buy on BYDFi's Spot market
BYDFi's Spot market offers 700+ Coin pairs, making it the most popular buying platform. Buying methods are as follows:1. Buy stablecoins through BYDFi, third-party Coin buying channels. Additionally, you can transfer crypto assets from other wallets or exchanges to the BYDFi platform. Please make sure to choose the correct blockchain network, once you deposit your funds to the wrong address it cannot be reversed.2. Transfer your crypto to BYDFi account. Find the trading pair you want to trade on BYDFi's spot market. Place an order to exchange your currency to
Note: BYDFi offers a variety of order types to buy in the spot market, such as market orders to buy immediately and limit orders to buy at a specific price. For more information about BYDFi order types, click here3. After a successful trade, you can view the available in your account
How to store ?
The best way to store will vary depending on your needs and preferences. Check out the pros and cons to find the best way to store
Store KOK in your BYDFi account
Storing assets on BYDFi will give you quick access to trading products such as spot and contract trading, savings, lending, and more. BYDFi acts as the custodian of your crypto assets, saving you the hassle of keeping your private keys. Make sure to set strong passwords and upgrade your security settings to prevent malicious actions from accessing your assets
Deposit your KOK to the wallet
「No key, can't withdraw」If security is your biggest concern, you can withdraw to a decentralized wallet, so you can easily manage your key. You can use any type of wallet, including smart wallets, Web3 wallets or paper wallets. Note that this option may not be convenient if you want to frequently trade or use your assets. Be sure to store your private key in a secure location as loss of the key could result in the permanent loss of .
How you can use with BYDFi
Hold
Store in your BYDFi account.
Trade
Trade in spot and futures markets.
Why is BYDFi the best platform to buy ?
Safe and reliable
Millions of global crypto users trust us. Our multi-tier & multi-cluster system architecture and insurance fund protect your account.
High liquidity
BYDFi has highly liquid buy and sell orders for all listed cryptocurrencies, providing a liquid trading experience with tight spreads
Gem cryptocurrency platform
Supporting over 500 cryptocurrencies, BYDFi is the best platform to find your next Gem. You can buy KOK on BYDFi and use it to exchange other crypto assets.
Friendly interface
Thanks to its simple interface and superior technology, buying on BYDFi is quick and convenient. Buy Coin on BYDFi to receive KOK
Trade
Answers
Is KOK Token a Good Investment?
KOK coin is not among the top 100 market cryptocurrencies by market cap as of April 2022, but it is still an interesting concept if you wish to invest in lesser-known yet trending coins in the market. The digital asset enjoys a high trading volume and has an interesting concept which is in line with the upcoming Web 3.0 revolution of decentralizing applications and access to content.
The KOK token also has an interesting utility within the decentralized digital content platform ecosystem. It lets users engage directly with content creators and supports a fair distribution of rewards to users. Moreover, you can also stake KOK to earn a passive income stream, giving it more versatility than several other cryptocurrencies in the market at present. Its utility helps support the KOK price.
As the KOK Chain evolves, more use cases are likely to develop, and more content creators could use the platform to share their content and drive engagement. Such factors, coupled with a positive market sentiment towards digital assets overall, could keep the KOK price supported and make it a good investment.
What Can KOK be Used For?
KOK has several uses, some of which are listed below:
➢ Utility Token Within KOK Chain
You can pay to consume content within the KOK Chain, including movies, webtoons, and videos. In addition, the ecosystem also supports a marketplace where you can buy NFTs. Even real-world items such as tickets to events can be tokenized and be bought on the marketplace via transactions using KOK tokens.
➢ Digital Asset to Invest in
The KOK crypto is a little-known but promising digital asset to invest in, with the cryptocurrency market. Its utility and the projects vision to decentralize content consumption and experience can make the token a valuable digital asset to trade or hold in cryptocurrency exchanges. We recommend you review the KOK price, trading volume, and market cap data and perform careful analysis of the market before trading this crypto.
➢ Governance Token in KOK Chain
The KOK token can also be staked to improve the resilience of the overall KOK Chain. You can earn a passive stream of income by staking KOK and even enjoy voting rights to decide on how the ecosystem evolves or upgrades in the future.
How do KOK NFTs Work?
Any user who is deemed as a legitimate copyright holder can issue NFTs on the KOK marketplace. They can include videos, images, and even other items that can be tokenized, including real-world utility items such as tickets to events.
The creator can mint the NFT, which can then be purchased by consumers in exchange for KOK coins. Consumers can then trade the NFT or mint them on secondary marketplaces for further profits.
Minting the original NFT on a secondary marketplace makes the original content creator eligible for receiving a percentage of the profits as well. The copyright ownership will dictate how to distribute profits automatically within the ecosystem.
How to Stake KOK Coin
You can stake KOK token by becoming a service facilitator or supporter within the blockchain. All you have to do is deposit your KOK tokens for staking after joining the chain and buying its native digital asset.
Your stake entitles you to voting rights within the KOK Chain. This will give you power to participate in the governance and operations of the blockchain.
You can also stake KOK coin on leading DeFi apps and exchanges that list the token within these services. Ensure that you check the current information related to KOK price, trading volume, liquidity, and APYs before staking on dApps or exchanges.
