Buy Shapeshift Fox Token | Buy FOX in 4 Steps (June 2023)
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Table Of Contents
ShapeShift, which began life as a centralized exchange for digital assets in 2014, recently underwent a major shift in ethos as it fully embraced decentralized finance (DeFi). In late 2021, the company notes that it had, ‘begun dissolving our corporate structure, evolving into a community-owned and governed crypto platform'.
While ShapeShift intends to expand its offered services in time, the exchange already supports features like trading, staking, farming & liquidity pools, and more.
The transition to decentralization was accompanied by what ShapeShift states was the largest airdrop in history. This event saw 600M FOX tokens awarded to over 1 million ShapeShift users.
Built atop the Ethereum network as ERC-20 tokens, FOX are the native token of the ShapeShift platform. As it stands, FOX already boast a bevy of features which benefit holders.
- Governance (asset integration, fund management, fee structures, etc.)
- Staking Rewards
- Rainfall (USDC randomly awarded to FOX holders for every platform transaction)
- FOX Fuel (reimbursement for gas fees, proportional to FOX holdings)
- DAO Revenue Sharing
The above governance and utility of FOX tokens, combined with its structuring as a ‘perpetual utility token‘, has made FOX one of the most versatile and intriguing assets of its kind.
For those looking to safely store their FOX holdings, ShapeShift also owns popular hardware wallet manufacturer ‘KeepKey'. As such, support for the wallet is integrated within much of the ShapeShift platform.
ShapeShift is currently available via desktop and mobile.
To learn more, make sure to visit our Investing in ShapeShift Fox Token (FOX) Guide.
How to Buy Shapeshift Fox Token (FOX) in 4 Steps
The whole process can take as little as 10 minutes and all you'll need is a smartphone or computer, photo identification and a means of payment.
- Compare Crypto Exchanges – We list the top cryptocurrency exchanges that offer the ability to buy Shapeshift Fox Token (FOX) cryptocurrency.
- Create an account – Verify your email address and identity.
- Make a deposit – Debit Card, Credit Card, Wire Transfer, or Bitcoin.
- Buy Shapeshift Fox Token – Use your funds to Buy FOX.
We list the top 3 exchanges that offer the ability to buy ShapeShift Fox Token (FOX) cryptocurrency with a credit card, debit card, or Bitcoin (BTC).
A top exchange in the United States & UK, Uphold is an experienced and extremely innovative trading platform that should be able to meet your needs for trading across a number of cryptocurrencies including ShapeShift Fox Token (FOX). Beyond the ease of use and innovative features within the trading platform, what stands out about Uphold is the credibility it has gained in the industry.
Uphold offers both a desktop and mobile app trading experience that is extremely intuitive. The trading view is completely customizable with the assets that you trade the most, and is very easy to navigate while providing a modern feel on both desktop and mobile. It is a very popular and suitable choice, particularly for new traders.
Besides being visibly appealing, the Uphold trading platform allows you to place your trades with great ease. Just a couple of clicks and you can make trades directly from your deposit method without even having to wait for funds to clear to your account. This one-step ordering is another innovation from a company which prides itself on the usability of its platform. Uphold also provides the ability to execute limit orders.
Germany & Netherland residents are prohibited.
Read our Uphold Review or visit Uphold.
Uphold Disclaimer: Assets available on Uphold are subject to region. All investments and trading are risky and may result in the loss of capital. Cryptoassets are largely unregulated and are therefore not subject to protection.
Established in 2013, Gate.io has grown in to a reputable trading platform. While it is not the most popular exchange, it provides users with an easy to use interface for beginners while maintaining robust and advanced charts for various skill levels – including technical traders. The exchange boasts a large number of altcoins including ShapeShift Fox Token (FOX), and is often the first exchange to add new tokens. Notably, Gate.io maintains a strong stance against any type of market manipulation.
This exchange currently accepts Australia & UK residents.
USA & Canada residents are prohibited.
Read our Gate.io Review or visit Gate.io
Coinbase is a publicly traded crypto exchange listed on the NASDAQ. It is one of the most widely used exchanges in the United States and accepts clients from 100+ countries including Australia, Canada, Singapore, and the UK.
Over 460 billion dollars in volume has been traded by over 70 million users at Coinbase. Security is a paramount feature with 98% of customer funds being stored in secure offline storage. The platform is simple to use and is available on desktop, Android, and iOS, offering trading opportunities in over 140 cryptocurrencies including Shapeshift Fox Token (FOX).
This exchange currently accepts USA residents excluding Hawaii.
Read our Coinbase Review or visit Coinbase.
Daniel is a big proponent of how blockchain will eventually disrupt big finance. He breathes technology and lives to try new gadgets.
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