How to Buy Floki? (4 Easy Methods)

What is Floki?

Floki is one of the new cryptocurrencies and was launched only in 2021. The nearly three-year-old cryptocurrency was named after businessman and crypto enthusiast Elon Musk tweeted that he would name his pet Shiba Inu “Floki.” That was the primary reason why the crypto coin was previously called Floki Inu, even as the project started as a dog-themed meme coin, similar to how Dogecoin began its journey. 

To be sure, Floki is a multi-chain cryptocurrency, meaning that it can used on more than one blockchain. At present, the cryptocurrency is used on the Ethereum and Binance Smart Chain (BSC) platforms. It focuses on creating an ecosystem that includes NFT gaming, merchandise and an educational platform. The total supply of Floki is 10 trillion tokens.

Okay. Enough about Floki. Let’s understand how to buy Floki and where you can buy the cryptocurrency from. 

Ways to Buy

You can buy FLOKI coin using any of the following multiple ways: 

• Exchange: Cryptocurrency exchanges are the most reliable and preferred way for buying FLOKI. 
• P2P: You can buy FLOKI from P2P platforms that help you find sellers of the cryptocurrency online. 
• DeFi: Such services can help you buy FLOKI coins on decentralized platforms.
• Debit Card: Last but not least, you can purchase FLOKI by using a debit card. 

1. Exchanges

A cryptocurrency exchange is a platform that brings buyers and sellers on a single platform for buying, selling or trading crypto coins. If you also want to buy FLOKI on a crypto exchange, all you need to do is select a crypto exchange, complete registration, add the amount and purchase the popular crypto coin.

You can add funds to your account via multiple methods. For instance, you can add money from your bank account or a wire transfer. You can even use your debit or credit card to loan money to your account. 

Once purchased, your FLOKI coins will be stored in a wallet which is linked to the exchange from which you completed the transaction. You can move the coins from one wallet to another with ease. You can transfer the coins, off the exchange, to a completely different hot or cold wallet. Some of the popular exchanges that you can buy FLOKI from include OKX, Stormgain, Binance and KuCoin. You can use these platforms to buy several other cryptocurrencies apart from FLOKI.

2. P2P

P2P, or “peer-to-peer,” is a way using which you can buy FLOKI coin. On P2P platforms, you can get a list of sellers and you can pick the one that lets you pay how you like. You can use P2P platforms to buy FLOKI coins to buy the cryptocurrency with ease. 

A DEX, or “decentralized exchange,” is an online platform where people can buy and sell FLOKI coins directly with each other. There are many DEXs where you can complete the transaction. You just need to make sure the one you choose works with your digital wallet. For example, if you have a Binance wallet, you can use platforms like Pancake Swap to buy the coin. Some of the leading decentralized exchanges that you can use to buy FLOKI coin are Binance, Bybit, and Bitget. 

3. DeFi

Decentralized finance (DeFi) offers a shift towards community-governed, blockchain-based financial services, granting users more control and privacy. For buying FLOKI coin, DeFi platforms present an anonymous and direct approach. 

You can use DeFi services through browser-based wallet plugins or mobile apps, which may require setting up a new wallet or importing an existing one. These platforms are designed for ease, with mobile apps often featuring WalletConnect to link wallets to DeFi apps by scanning a QR code. This infrastructure simplifies buying FLOKI coin and providing secure and private access to the DeFi ecosystem.

4. Debit Card

Last but not least, you can purchase FLOKI coins using a debit card, which allows you to complete the transaction with ease and in no time. Before buying FLOKI coin, it’s important to weigh the pros and cons of buying FLOKI coins using a debit card.  

You should focus on factors like additional costs and security measures before buying FLOKI coins with your debit card. Start by choosing a reliable cryptocurrency exchange with a strong track record. Research their reputation through customer reviews and online forums. For a quick purchase of FLOKI with a debit card, Binance, Bybit, and Bitget are some of the top recommended options. 

How to Buy Floki on OKX

You can easily buy Floki on Etoro, OKX or Stormgain by following a few simple steps, which are more or less the same across all three crypto exchanges. Here are the steps you need to follow to buy Floki:

Step 1: Register

First of all, you will need to create an account on any of the crypto exchanges. For this, you will need to share information like email ID. Once your account is created, you will need to verify your identity. If you already have an account, you can directly log in. 

Step 2: Verify Your Identity

Once you’ve signed up, you will need to verify your identity. For this, you need to go to the verification page under the ‘Account’ or ‘Profile’ section. You will need to provide your full legal name, date of birth, and country of residency, as well as valid government-issued IDs, passports, and ‌driving licenses, among others, to complete the verification process.

Step 3: Add Funds

Go to the deposit section on the mobile app or online website of the crypto exchange to add funds for buying Floki cryptocurrency. 

You can use any of the preferred payment methods in the third step to add funds to your crypto wallet. Here are two methods using which you can buy FLOKI coins:

1. Purchase FLOKI with a Debit/Credit Card

If you’re purchasing FLOKI or a crypto coin for the first time, a debit or credit card could be the perfect choice. 

1. Go to OKX and select purchase FLOKI with USD.
2. Choose USD and FLOKI from the dropdown menu. 
3. Select ‘Debit/Credit’ card as a payment option. 
4. If it’s your first time buying cryptocurrency with a debit or credit card on OKX, you’ll see an “Add New Card” option. Enter your card details, click “Add New Card,” then “Confirm.”
5. On the payment confirmation page, verify your information and confirm your order within the given time. To view a new quote, click ‘Refresh’.
6. Click ‘Confirm’ to complete your order. 
7. You’ll be directed to your bank’s OTP transaction page. Follow the instructions to confirm the payment. Once validated, the coin will be added to your Spot Wallet.

2. Purchase FLOKI with Google Pay or Apple Pay

• Steps A and B are the same with this payment method as well. Here’s what you need to next:
  
• Step C- Select “Apple Pay” or “Google Pay” for completing the transaction. 

1. Click on “Buy“. 
2. Check your details and confirm the order on the payment confirmation page within the specified time limit. Click ‘Refresh’ for an updated quote.
3. Click “Confirm” to place your order.
4. The coin will appear in your Spot Wallet.

3. Third-Party Payment

You can use a few third-party payment methods to complete the purchase. You can visit the OKX FAQ section to find which payment methods are available in your country. 

Step 4: Buy Floki 

Go to the buy crypto section of the crypto exchange, then search for Floki and click on the ‘Buy’ option to purchase the cryptocurrency.

Final Words

Hopefully, by now you must have learned about Floki as well as how to buy Floki. You can use any of the crypto exchanges mentioned above to purchase Floki or any other popular cryptocurrency.