How to Exchange OAX (OAX)
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Swap OAX (OAX) in a few clicks on Exchang.io.
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Historical Price Chart
OAX Current Market Data
| Name | OAX |
|---|---|
| Price | $0.15 |
| Price Change 24h | -0.46% |
| Price Change 7d | 0.51% |
| Price Change 30d | -17.56% |
| Price Change 60d | -12.46% |
| Market Cap | $11,688,537.54 |
| Circulating Supply | 77,028,691.14 OAX |
| Volume 24h | $1,825,523.73 |
How to Exchange OAX in Just a Few Straightforward Steps
If you are looking to OAX exchange, you are in the right place. Swap OAX in a matter of minutes using Exchang.io crypto exchange. Just adhere to these 4 simple steps.
Benefits of Exchanging OAX on Exchang.io
Simple
We make sure not to overload our website with unnecessary elements. Only the things you need for smooth OAX conversions.Simple and clear.
Secure
Exchang.io is a safest place to exchange OAX. Get OAX anonymously, without KYC and registration.
In touch
Write to us in any unclear situation with OAX swaps. Our support team is happy to help you 24/7.
Fast
We are constantly upgrading our platform to make OAX exchanges really fast. The average speed for the swap is about 5-15 minutes.Popular OAX trading pairs
Here are some popular OAX trading pairs. You can buy OAX with every listed coin on Exchang.io.
How Much OAX Can I Exchange on Exchang.io?
Exchanging OAX on Exchang.io is unlimited. You can start swapping OAX right now starting from the lower limit of ≈ $3.
There are no upper limits for OAX exchanges at Exchang.io. Exchange OAX with other cryptocurrencies from the list of over 700 coins as much as you want to.
Cross-chain exchanges are available; just choose any coin on any network and click the Exchange button, and we'll do the rest for you
Why exchange OAX?
Things you will be able to do with exchanged OAX:
With OAX cryptocurrency, you can engage in various activities within the decentralized exchange ecosystem. Firstly, you can use OAX to trade and exchange a wide range of digital assets on participating platforms. These exchanges provide liquidity and enable users to buy, sell, and swap cryptocurrencies securely and conveniently. Additionally, you can utilize OAX to participate in decentralized finance (DeFi) protocols that accept the coin. This allows you to engage in lending, borrowing, yield farming, and other DeFi activities. Moreover, OAX can be used as a medium of exchange for goods and services within the growing number of merchants accepting the cryptocurrency. Finally, by holding OAX in your personal wallet, you can also potentially benefit from any appreciation in its price value over time.
What is OAX?
OAX cryptocurrency, also known as OpenANX, is a digital asset that operates on its native blockchain platform. It aims to revolutionize the traditional exchange model by providing a decentralized and transparent solution for trading cryptocurrencies. OAX focuses on enhancing the user experience, security, and liquidity of digital asset exchange.
One key difference between OAX and other cryptocurrencies is its specific focus on addressing the challenges faced by traditional exchanges. Unlike many cryptocurrencies, OAX is not designed to be a general-purpose digital currency or store of value. Instead, it serves as a utility token within the OpenANX ecosystem, facilitating transactions and powering the exchange functionalities.
Another distinction lies in the decentralized nature of OAX. By leveraging blockchain technology, OAX enables peer-to-peer transactions directly between users, eliminating the need for intermediaries such as centralized exchanges. This decentralization enhances security, reduces counterparty risk, and provides users with greater control over their funds.
OAX's emphasis on transparency is also noteworthy. It implements an open-source approach, allowing users to verify the code and participate in the development process. This transparency promotes trust among participants, ensuring that the exchange operates fairly and securely.
Additionally, OAX offers enhanced liquidity through its integration with existing liquidity providers and market makers. This feature helps to ensure that users can easily buy or sell OAX tokens at competitive prices, facilitating efficient trading on the platform.
In terms of functionality, OAX provides users with a range of features beyond simple cryptocurrency trading. It supports advanced order types, such as limit orders and stop-loss orders, enabling users to execute trades based on specific conditions. Furthermore, OAX incorporates a reputation system that incentivizes good behavior and discourages malicious activities on the platform.
To interact with OAX, users need a compatible wallet that supports OAX tokens. These wallets provide a secure storage solution for the tokens, allowing users to send and receive OAX as part of their transactions on the OpenANX platform.
Brief History of OAX
OAX (short for OpenANX) is a cryptocurrency that was launched in 2017 with the goal of revolutionizing the way exchanges operate. The project aimed to address the challenges faced by traditional centralized exchanges, such as security vulnerabilities and lack of transparency. OAX aimed to provide a decentralized exchange platform where users could trade digital assets securely and transparently.
To achieve its objectives, OAX adopted a hybrid decentralized model, combining the benefits of both centralized and decentralized exchanges. The OAX platform utilized off-chain order books to enable fast trading while maintaining the security of on-chain settlements. This approach allowed OAX to offer a user-friendly experience without compromising on security.
The development team behind OAX recognized the importance of regulatory compliance, especially in the cryptocurrency space. They aimed to create an exchange that was compliant with global regulations and had robust know-your-customer (KYC) procedures in place. By doing so, OAX aimed to build trust among users and attract institutional investors looking for a secure and compliant trading environment.
OAX conducted its initial coin offering (ICO) in June 2017, raising approximately $18 million worth of ETH. The funds raised during the ICO were used to further develop the OAX platform and expand its ecosystem. The OAX token, also known as OAX, serves as the native currency of the OAX platform and provides various utilities within the ecosystem.
One of the key features of OAX is the ability to stake OAX tokens. By staking their tokens, users can participate in the platform's governance and decision-making processes. Stakers have voting rights and can influence important decisions related to the exchange. This mechanism promotes community involvement and ensures that stakeholders have a say in shaping the future of the OAX ecosystem.
Despite its promising concept and innovative approach, OAX faced challenges in gaining widespread adoption. The cryptocurrency exchange market is highly competitive, with many established players dominating the industry. OAX struggled to differentiate itself from other exchanges and attract a significant user base.
Additionally, the overall market conditions and regulatory landscape posed challenges for OAX. The cryptocurrency market experienced significant volatility, affecting the value of OAX tokens. Moreover, regulatory uncertainties in various jurisdictions made it difficult for OAX to expand its operations globally.
Nevertheless, OAX continued to make efforts to improve its platform and enhance its value proposition. The team focused on partnerships with other players in the cryptocurrency ecosystem to increase liquidity and attract more users. They also worked on expanding the range of tradable assets on the OAX exchange, aiming to offer a diverse selection of cryptocurrencies to meet the demands of traders.
It is worth noting that the best way to buy OAX tokens is through participating in exchanges that list the coin. As of my knowledge cutoff date in September 2021, OAX was available for trading on several prominent cryptocurrency exchanges. Users interested in purchasing OAX can check these exchanges for availability and current prices.
OAX Key Advantages and Unique Features
OAX (OpenANX) cryptocurrency offers several key advantages and unique features within the blockchain ecosystem. One of its primary advantages is its focus on decentralization, which is achieved through the use of smart contracts on the Ethereum blockchain. This decentralized approach ensures that the control over transactions and exchanges is distributed among participants, reducing the risk of single points of failure or manipulation.
OAX also stands out for its commitment to transparency and security. The exchange process is conducted on-chain, meaning that all transactions are recorded on a public ledger, providing a high level of transparency and accountability. This feature allows users to easily verify their transaction history and ensure the integrity of the exchange process.
Another distinctive feature of OAX is its emphasis on user privacy. While the details of individual transactions are accessible on the blockchain, the identity of the participants remains pseudonymous. This privacy-centric approach protects users' sensitive information while still maintaining the necessary level of transparency and auditability.
OAX leverages the power of decentralized governance through its token holders. The OAX token plays a vital role in the platform's operation, as it grants holders the ability to propose and vote on important decisions related to the exchange. This democratic model ensures that the community has a say in shaping the future of the platform, fostering a sense of ownership and participation.
In terms of scalability, OAX utilizes off-chain order book technology. This approach enables the platform to handle a high volume of transactions efficiently without congesting the Ethereum network. By moving the majority of the trading activities off-chain, OAX achieves faster transaction times and lower fees, enhancing the overall user experience.
Additionally, OAX aims to bridge the gap between traditional financial systems and the world of cryptocurrencies. It recognizes the importance of fiat currencies in everyday transactions and plans to introduce a hybrid model that allows users to seamlessly trade between fiat and cryptocurrencies within the platform. This integration simplifies the process for users looking to transition into the cryptocurrency space and increases accessibility.
OAX also offers a user-friendly interface and intuitive features, making it easy for both experienced traders and newcomers to navigate the platform. Whether it's checking the real-time price of OAX or executing buy orders, the platform provides a seamless experience that caters to users' diverse needs.
Furthermore, OAX places a strong emphasis on security. Users have full control over their funds through the use of private keys, allowing them to securely store their OAX tokens in their preferred wallets. This approach minimizes the risk of unauthorized access or loss of funds, providing users with peace of mind.
10 Facts About OAX
- OAX (OpenANX) is a cryptocurrency that operates on a decentralized exchange platform, providing users with greater control over their assets and transactions.
- The OAX token was created to facilitate trading and incentivize participation on the OAX exchange network.
- As a cryptocurrency, OAX offers fast and secure transactions through its decentralized infrastructure, ensuring transparency and reducing the risk of fraud.
- The OAX exchange enables users to buy, sell, and trade a wide range of digital assets, including popular cryptocurrencies like Bitcoin and Ethereum.
- OAX's decentralized nature ensures that users retain ownership of their funds, eliminating the need for intermediaries like traditional exchanges.
- By leveraging blockchain technology, OAX provides a trustless environment where participants can engage in peer-to-peer transactions without relying on centralized authorities.
- To participate in OAX's ecosystem, users can store their OAX tokens in a compatible wallet, which grants them access to the various features and benefits offered by the platform.
- The price of OAX is determined by supply and demand dynamics on the exchange, influenced by market conditions and user activity.
- OAX aims to revolutionize the exchange industry by offering a secure, efficient, and user-friendly platform that caters to the evolving needs of traders and investors.
- With its decentralized architecture and commitment to innovation, OAX strives to become one of the best options for individuals seeking reliable and flexible cryptocurrency exchange services.
What is the Best Place to Exchange OAX?
Via Exchang.io service you can effortlessly swap OAX for over 700+ different assets. Begin by selecting OAX and your desired coin, paying attention to the network when making your choice. Next, provide the recipient's wallet address for the coin you're swapping to, and press 'Exchange' to continue. Deposit the required amount of OAX to the address displayed on the screen, ensuring you have the necessary amount to finalize the transaction. Once completed, check your wallet to confirm the arrival of your newly acquired coin. Exchang.io makes exchanging OAX simple and convenient, allowing you to enjoy a seamless experience with an extensive selection of coins to choose from.
Can I swap OAX without creating an account on Exchang.io?
No, you don't need to create an account or provide personal information to swap OAX on Exchang.io. It is a registration-free service with no ID verification requirements. Simply follow the steps and buy OAX using your cryptocurrency.
How long does it take to exchange OAX on Exchang.io?
The exchange process on Exchang.io is typically very fast, taking only a few minutes to complete. The actual time may vary slightly depending on network traffic and transaction confirmation times.
What is the minimum amount required to swap OAX on Exchang.io?
There is a minimum amount required for OAX exchanges on Exchang.io. However, please note that this minimum amount is subject to change. It is recommended to check the platform for the latest requirements.
Is Exchang.io a trustworthy platform? Why should I trust it?
Exchang.io is a reputable platform with a team of crypto enthusiasts who have more than 7 years of experience in the industry. Their main goal is to provide users with a convenient, fast, and transparent service. They value user feedback and continuously strive to improve. You can check reviews on Exchang.io.com to learn more about their reputation.
What are some popular trading pairs involving OAX?
Some popular OAX trading pairs on Exchang.io include OAX/BTC, OAX/ETH, OAX/LTC, and OAX/USDT, among others. These pairs allow you to trade OAX against different cryptocurrencies.
Does Exchang.io support cross-chain exchanges for OAX?
Yes, Exchang.io supports cross-chain exchanges for OAX. You can choose any coin on any network and click the "Exchange" button on the platform. Exchang.io will handle the rest of the transaction for you, enabling cross-chain exchanges.
