How to Buy Oxygen (OXY)

Oxygen is a decentralized borrowing and lending platform that aims to replicate the function of prime brokerage services from traditional finance. By utilizing smart contracts to manage pools of assets sourced from the network, Oxygen facilitates lending services without the oversight of a middleman.

Alex Grebnev and Viktor Mangazeev founded Oxygen as a way to disrupt the influence of prime brokerage services over financial markets. By building on the Solana network, they aim to offer lending services in a new generation of finance.

OXY serves as a reward given to those that dedicate their assets to a pool utilized by borrowers. OXY serves as the governance token for the platform, allowing token holders to have a vote in the future development and functionality of the Oxygen platform.

 

There are a number of ways to buy OXY. However, many find that it is easiest to purchase OXY through a trusted global exchange like Kraken. 

Kraken is consistently rated one of the most secure and trusted crypto exchanges in the world, and offers some of the lowest fees in the industry. 

At Kraken, we take security seriously, with battle-tested technology and rigorous procedures designed to safeguard funds. We don’t cut corners when it comes to security, and neither should you.

Follow the steps below to start buying OXY on Kraken: 

1. Create Your Free Kraken account.
   Enter an email address, username and a strong password to protect your account.
2. Connect your funding method.  
   Connect your card or bank account to fund your account and buy OXY after Kraken verifies your information. Read about our verification processes here.
3. Purchase OXY!
   Once your account is funded, you’re ready to purchase Oxygen. At this point, you’ll also gain access to our advanced charting tools, 24-hour global client support and additional products and services that help make the Kraken experience beloved by millions around the world.

 

Instantly buy Oxygen with a credit card on the Kraken app

Download the official Kraken app, where crypto beginners and experienced traders alike can conveniently buy or sell Oxygen anywhere, anytime. Instantly buy OXY with a credit card, debit card or bank account while staying up to date on your favorite crypto projects.

Bank transfer is only available to US residents. Credit card purchases are available in select countries here.
 

Once you buy OXY, your tokens will be held securely on the Kraken platform. 

Kraken has established itself as one of the most secure and reputable crypto exchanges in the world. However, clients that choose to self-custody their crypto have the option to withdraw their OXY tokens to their own hardware or software wallet. 

Because Oxygen is a platform built on top of Solana, OXY can also be stored in a Solana wallet.

Ready to take the next step in your domination of the Oxygen ecosystem? Buy OXY on Kraken today!