Buying cryptocurrency like BTM (where 1 BTM equals 0.001 BTC) has never been easier, especially with the rise of decentralized exchanges (DEXs) and user-friendly Web3 wallets. Whether you're new to decentralized finance (DeFi) or an experienced trader, this step-by-step guide will help you securely purchase BTM using OKX DEX — one of the most trusted platforms in the crypto space.
This comprehensive walkthrough covers everything from setting up your digital wallet to executing your first swap, ensuring a smooth and secure experience. We'll also explore essential safety tips, trading best practices, and frequently asked questions to boost your confidence in the world of crypto trading.
Step 1: Set Up Your OKX Web3 Wallet
Before you can buy BTM or any other cryptocurrency on a decentralized exchange, you need a non-custodial Web3 wallet. The OKX Wallet is a powerful tool that gives you full control over your private keys and assets while offering seamless integration with leading DEXs.
👉 Get started with a secure Web3 wallet and begin your crypto journey today.
To get started:
- Download the OKX App or install the OKX Wallet browser extension.
- Open the app and select "Create Wallet" or "Import Existing Wallet" if you already have one.
- Carefully back up your recovery phrase (seed phrase) in a secure, offline location. This is crucial for recovering your wallet if you lose access.
Once your wallet is set up, you’re ready for the next step.
Step 2: Deposit Funds into Your Wallet
To trade on OKX DEX, you’ll need funds in your wallet. Most decentralized trades involve swapping tokens like USDT, ETH, or SOL for other cryptocurrencies such as BTM.
For example, if BTM is available on the Solana blockchain, you’ll need to deposit SOL to cover both the purchase and network transaction fees (gas fees).
Here’s how:
- Go to the "Wallet" section in the OKX app.
- Select "Deposit" and choose the appropriate cryptocurrency (e.g., SOL).
- Ensure you select the correct network (e.g., Solana) to avoid losing funds.
Transfer funds either:
- Directly from the OKX exchange to your Web3 wallet
- From another external wallet by sending tokens to your OKX Wallet address
💡 Pro Tip: You can also buy SOL directly within the OKX app if you don’t already own it. Just navigate to the “Buy Crypto” section and follow the prompts.
Step 3: Buy BTM on OKX DEX
Now that your wallet is funded, it's time to make your first trade.
- Navigate to the DEX or Swap section in the OKX app.
Search for BTM (1 BTM = 0.001 BTC) in the token list.
- Alternatively, paste the official contract address directly into the search bar for added security.
- Select your payment token (e.g., USDT, ETH, or BNB).
- Enter the amount of BTM you’d like to purchase.
- Adjust the slippage tolerance if necessary — especially during periods of high volatility.
- Review the estimated price and fees.
- Confirm the transaction and approve it in your OKX Wallet.
✅ Transaction confirmed? Your BTM tokens will appear in your wallet shortly!
You can now view, track, send, or swap your BTM at any time — all from one secure location.
Optional: Use Limit Orders for Better Pricing
If you're aiming for a specific entry price, consider using a limit order instead of an instant swap.
- Set your desired target price for BTM.
- Specify the amount you want to buy.
- Place the order — it will execute automatically once market conditions match your settings.
This feature gives you more control over your trading strategy and helps avoid unfavorable prices during sudden market swings.
Why Choose OKX DEX?
OKX DEX stands out as a top choice for buying cryptocurrencies like BTM due to its advanced features and robust infrastructure:
- ✅ Best Aggregated Prices: Pulls liquidity from multiple DEXs to ensure optimal exchange rates.
- ✅ On-Chain Security: Fully decentralized trading protects your assets and detects potential risks.
- ✅ Cross-Chain Bridging: Easily move tokens across different blockchains using built-in bridge aggregators.
- ✅ Customizable Trading Modes: From simple swaps to advanced limit orders, OKX adapts to your trading style.
👉 Discover how decentralized trading can empower your financial freedom.
Key Safety Tips When Buying Cryptocurrency
Cryptocurrency trading offers great opportunities — but also carries risks. Follow these best practices to stay safe:
- 🔐 Always verify contract addresses: Scammers often create fake tokens with similar symbols. Double-check the official BTM contract before trading.
- 🔑 Keep your seed phrase private: Never share it with anyone or store it online.
- 🛡️ Use wallets with strong security: Opt for wallets with two-factor authentication (2FA), encryption, and backup options.
- 🧊 Consider cold storage: For long-term holdings, use hardware wallets (cold wallets) to keep your assets offline and safe from hackers.
Frequently Asked Questions (FAQ)
Q: What does "1 BTM = 0.001 BTC" mean?
A: This indicates that one unit of BTM is pegged or valued at one-thousandth of a Bitcoin. However, note that this may represent a conceptual or fractional representation rather than a direct 1:1 backing.
Q: Is BTM a real cryptocurrency?
A: Yes, BTM typically refers to Bitmark — a blockchain-based digital asset. Always confirm the correct token contract and blockchain before purchasing.
Q: Can I buy BTM with fiat currency?
A: Not directly on DEXs. You’ll first need to convert fiat (like USD) into crypto such as USDT or SOL on a centralized exchange, then transfer it to your Web3 wallet for swapping.
Q: What is slippage, and why does it matter?
A: Slippage is the difference between expected and actual trade prices, often caused by market volatility. Setting an appropriate slippage tolerance (e.g., 1–3%) helps prevent failed transactions.
Q: Which blockchain is BTM available on?
A: BTM may be available on multiple chains like Ethereum, BSC, or Solana. Always confirm the correct network when depositing funds or making trades.
Q: Do I need KYC to use OKX DEX?
A: No — decentralized trading on OKX DEX does not require identity verification, giving you greater privacy compared to centralized platforms.
Final Thoughts
Buying 1 BTM = 0.001 BTC has become accessible to anyone with a smartphone and internet connection. By leveraging tools like the OKX Web3 Wallet and OKX DEX, you gain full control over your assets while enjoying competitive pricing, cross-chain flexibility, and enhanced security.
Whether you're exploring DeFi for the first time or expanding your crypto portfolio, taking these simple steps ensures a smooth and secure entry into digital asset ownership.
👉 Start trading BTM and other cryptocurrencies safely and efficiently now.
Remember: Always do your own research (DYOR), verify token details, and only invest what you can afford to lose. With the right tools and knowledge, your crypto journey can be both rewarding and secure.