How to Buy $AO
The AO mainnet is about to launch. How to buy $AO?
Author: PermaDAO
Source: Content Guild Translation
With the AO mainnet launching on February 8th and AO tokens becoming tradable, the community will have one question on their mind: how can I buy $AO as soon as possible?
The basic process for buying AO tokens is to first bridge your AR, USDC, or USDT to AO Network through AOX, convert them to wAR, wUSDT, or wUSDC, and then use Permaswap to swap wAR or wUSDC/wUSDT for AO tokens. This article will be a visual step-by-step guide on how to deposit assets into the AO network and trade AO tokens.
1. Bridge AR or USDC/USDT to AO
AOX is the first cross-chain bridge on the AO network, designed to help users transfer assets from other chains to the AO chain.
First, you need to visit the AOX: https://aox.xyz
There are two ways to bridge AR or USDC/USDT to AO network: Transfer from Web3 wallet or a centralized exchange (CEX). Below are the tutorials for both methods. Feel free to choose whichever suits you.
1️⃣ Transfer from your Web3 Wallet
① Connect your wallet ( arconnect.io).
② Select the "Transfer from Web3 Wallet" option.
③ Choose Arweave as the source chain.
④ Enter the amount to bridge and sign the transaction. Once the bridging process is successful, you will receive wAR.
📌 Note: The bridging process usually takes about 30 minutes. Please be patient!
You can also bridge USDC or USDT to the AO network in the same way, converting them to wUSDC or wUSDT. First, ensure you have USDC on the Ethereum chain or USDT on the BSC chain. Then, connect your 0x address wallet (e.g., MetaMask, OKX Wallet, Phantom) to aox.xyz and follow the same operations mentioned above to complete the process.
This example shows using an Arweave Wallet
2️⃣ Transfer from Centralized Exchange (CEX)
📌 Note: This method is only recommended for bridging USDC. If you need to bridge AR from CEX, first withdraw to an ArConnect wallet, then follow the Web3 wallet bridging method mentioned above.
① Connect your wallet (ArConnect or 0x address wallet can be used).
② Select the "Transfer from Exchange" option.
③ Choose the chain to withdraw. (Base and BSC chains are recommended for lower fees)
④ Withdraw USDC from your exchange, and scan the transfer QR code or enter the address in the red box. Verify and complete the transaction.
⑤ Once the transaction is successful, you will receive wUSDC.
📌 Note: After the exchange confirms the bridging success, it generally takes about 30 minutes for the transfer to complete. Please be patient!
2. Trade on Permaswap
Permaswap is a decentralized exchange (DEX) on the AO network, designed to help users trade assets on the AO network.
After completing the previous steps, you need to go to Permaswap to trade. (Permaswap: aopsn.com)
Visit Permaswap and select the AO token.
Select to swap wAR or wUSDC/wUSDT for AO tokens, input the amount, and after successful swapping, you will receive AO tokens.
You can also trade any token with $AO on Permaswap, which automatically finds the optimal path for seamless swaps between any two tokens.
Permaswap is built on the FusionFi Protocol, enabling advanced features such as smart routing and multi-hop transactions.
That’s the complete process for buying AO tokens! Note: AO Mainnet may experience delays due to high traffic post-launch. Need help? Contact PermaDAO Community.
Telegram: https://t.me/PermaDao_ar
PermaDAO Onboarding: http://onboard.permadao.com
🏆 Spot typos, grammatical errors, or inaccuracies in this article? Report and Earn !
Disclaimer: This article does not represent the views of PermaDAO. PermaDAO does not provide investment advice or endorse any projects. Readers should comply with their country's laws when engaging in Web3 activities.
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