Last update: Jun 6, 2022

How to Buy OokiDAO (OOKI)

Marco velaAuthor: Marco Vela - Fact-checked ✓

So you’re looking for a guide on how to buy OokiDAO. Depending on where you live, you’ll have different crypto trading platforms to choose from.

In this guide, we not only cover the top 3 global cryptocurrency trading platforms, but also the best exchanges for Australia, Canada, and the UK.

Let’s get started!

Ookidao

How to Buy OokiDAO – 4 Easy Steps

1. Choose a cryptocurrency exchange

Finding a crypto exchange isn’t that hard. There are plenty of big players out there that have been around for quite some time.

This is where our comparison tables can help. The important factors to look for are fees, security, and if they have OokiDAO of course.

2. Sign up with the cryptocurrency exchange

Signing up with any of the major exchanges is generally very easy. The initial sign up should be very fast, and even the verification processes are very well set up these days.

3. Fund your account

Next, you would need to fund your account with either fiat money (USD, AUD, GBP, CAD, etc) or another cryptocurrency like BTC or ETH. This process should again be straightforward and easily done using one of the bigger cryptocurrency trading platforms.

4. Buy OokiDAO

Now that you have what you need to buy OokiDAO, head over to the market or buy section of the crypto exchange and buy some OOKI.

If the crypto exchange doesn’t have any OokiDAO on offer, for most cryptocurrencies you can buy Ethereum instead, transfer it to a decentralized exchange like Uniswap (check if Uniswap has OokiDAO first), and trade your Ethereum for OokiDAO.

Where to Buy OokiDAO (OOKI)

These are our top 3 exchanges based on the number of cryptocurrencies on offer, security, ease of use, and fees.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
BinanceUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
FtxUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX
Etoro logoUSD, GBP, AUD, EUR, and more50+credit card, skrill, paypal, bank transfer, and moreVisit eToro
Disclaimer: Cryptocurrencies are volatile and may involve a lot of risk. Their performance is very unpredictable and past performance is no guarantee of future performance. Consult a financial advisor or obtain your own advice independent of this site before relying and acting on the information provided.

How to Sell OokiDAO

  1. Sign into the cryptocurrency exchange where you bought OokiDAO.
  2. Move your OokiDAO to the right place on the cryptocurrency exchange. Some exchanges have trading accounts you need to use for buying and selling.
  3. Sell OokiDAO.

 

Crypto trading

How to Buy OokiDAO (OOKI) in Australia

Looking at Australian crypto exchanges, it's always good to check if the exchange is registrered with AUSTRAC (Australian Transaction Reports and Analysis Centre). In addition, it would be handy if the exchange has integrated with POLi pay and PayID for instant AUD deposits.

If you’re looking to buy OokiDAO in Australia, the process remains the same:

  1. Find a crypto exchange below.
  2. Sign up for an account.
  3. Fund your account with AUD.
  4. Buy OokiDAO if it’s available. If the exchange doesn’t have OokiDAO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has OokiDAO), and trade your ETH for OokiDAO.

Or, if you’d like to know more about which exchanges we recommend, look at our list of the best bitcoin trading platforms in Australia.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Swyftx logoAUD, NZD300+bank transfer, POLi pay, PayID, credit cardVisit Swyftx
Binance logoUSD, AUD, EUR, GBP, CAD, CNY, and many more.350+Credit card, Cryptocurrency, Debit card, and moreVisit Binance
Ftx logoUSD, EUR, GBP, AUD, HKD, CAD, CHF, BRL250+Wire transfer, Credit card, Silvergate Exchange Network, SIGNETVisit FTX

How to Buy OokiDAO (OOKI) in Canada

When researching Canadian crypto exchanges, make sure they're registered with FinTRAC (Financial Transactions and Reports Analysis Centre of Canada) and ideally support Interac e-Transfer (in addition to wire transfer and maybe credit cards) for smooth CAD deposits.

If you’re looking to buy OokiDAO in Canada, the process remains the same:

  1. Find a crypto trading platform below.
  2. Sign up for an account.
  3. Fund your account with CAD.
  4. Buy OokiDAO if it’s available. If the exchange doesn’t have OokiDAO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has OokiDAO), and trade your ETH for OokiDAO.

Or, if you’d like to learn more about the exchanges we recommend, look at our comparison of the best bitcoin trading platforms in Canada.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Bitbuy logoCAD15+Wire transfer, Interac e-TransferVisit Bitbuy
Coinberry logoCADBitcoin, Ethereum, Litecoin, BCH, XLMInterac e-Transfer, Wire transfer, Credit card, Debit cardVisit Coinberry
Ndax logoCADBitcoin, Ethereum, Litecoin, and 4 morewire transfer, Interac e-Transfer, Bank draftVisit ndax

How to Buy OokiDAO (OOKI) in the UK

We recommend only looking at UK cryptocurrency exchanges that are registered with the FCA (Financial Conduct Authority). As for GBP deposit methods, the top exchanges should support FPS transfers (Faster Payments Service) and ideally credit/debit cards.

If you’re looking to buy OokiDAO in the UK, the process remains the same:

  1. Find a cryptocurrency trading platform below.
  2. Sign up for an account.
  3. Fund your account with GBP.
  4. Buy OokiDAO if it’s available. If the exchange doesn’t have OokiDAO. You can buy ETH instead, transfer it to a decentralised exchange like Uniswap (check first if Uniswap has OokiDAO), and trade your ETH for OokiDAO.

If you’d like to know more about which exchanges we like, check our list of the crypto exchanges in the UK.

ExchangeFiat currenciesCryptocurrenciesDeposit methodsSite
Cex logoGBP, USD, EUR10+Bank transfer, credit card, debit cardVisit CEX
Coinjar logoGBP50+Bank Transfer (FPS), Visa, MastercardVisit Coinjar
Coinbase logoUSD, GBP, EUR150+Bank transfer (FPS), credit/debit cardVisit Coinbase

Cryptocurrency trading

Considering buying OokiDAO? OOKI Rundown

Ooki is a powerful, fully decentralized margin trading platform, borrowing and lending platform that offers a lot of features.

Ooki is a protocol that allows for margin trading, borrowing and lending, as well as staking. Ooki Protocol lets anyone build applications that allow lenders, borrowers, traders, and other financial professionals to interact with the most flexible, decentralized finance protocol across multiple blockchains. Ooki is fully decentralized and community-run. All major changes to the protocol are governed by the vote of the community.

The OOKI to governance token allows the Ooki community, through voting in the Ooki AAO and staking OOKI token, to manage the protocol. The Ooki ecosystem aims to give the community more control over the protocol by allowing for governance, fee sharing and voting.

Ooki Protocol, a completely decentralized and trustless protocol, allows users to margin trade with leverage long or short, borrow, lend, and make other transactions.

Trading forms the heart of Ooki Protocol. Users can open leveraged trading positions with fixed interest rates at either long or short terms.

Ooki Protocol allows users to borrow funds with collateral and to lend funds and earn interest. Ooki Protocol's unique feature is its dynamic interest rates. This allows lenders and borrowers to receive the best rates possible when opening new Ooki positions. The dynamic rates engine aims to achieve a 80% utilization rate, and will ensure that pools are optimally used.

OOKI token owners can own OOKI tokens and receive a share of the protocol revenue. 50% of the fees generated by protocol are distributed to OOKI stakeholders. The insurance fund and Ooki Treasury receive the remaining 50%.

Ooki Protocol supports the following blockchains currently: Ethereum, Polygon and Binance Smart Chain. Following community consensus, new blockchains will be added frequently.

Ooki's insurance fund covers any unanticipated losses due to hacks. Ooki also has coverage of over $1 million through Tidal insurance.

The OOKI token governs Ooki Protocol. Holders of the OOKI token can stake their token to participate in voting or governance.

Ooki is a community that creates cutting-edge financial software. It focuses on radical decentralization. It is a force for innovation that creates applications that are efficient, sustainable, and rent-free. Ooki, a software that replaces middlemen in the global financial system, is that software.

Ooki DAO Treasury supports the DAO's mission to fund critical developments, reward ongoing contributors and grow the protocol, express value, and increase longevity. The forum discusses proposals submitted to the DAO. Once consensus has been reached, the proposals proceed to Snapshot vote. Onchain voting follows.

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author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.