How to Buy DeepBook (DEEP)

Price of DeepBook (24h)$0.0210128104021238

Interested in buying DeepBook (DEEP) or exploring other cryptocurrencies? This is the right place for you! KuCoin offers safe and easy ways to let you buy DeepBook (DEEP) instantly wherever you are! Check out all the ways you can buy DEEP on KuCoin.

Buy DeepBook (DEEP) on KuCoin in Four Simple Steps

Create Your Free KuCoin Account

Sign up on KuCoin with your email address/mobile phone number and country of residence, and create a strong password to secure your account.

Secure Your Account

Ensure stronger protection of your account by setting Google 2FA code, anti-phishing code, and trading password.

Verify Your Account

Verify your identity by entering your personal information and uploading a valid Photo ID.

Add a Payment Method

Add a credit/debit card or bank account after verifying your KuCoin account.

Buy DeepBook (DEEP)

Use a variety of payment options to buy DeepBook on KuCoin. We'll show you how.

Choose How You Want to Buy DeepBook on KuCoin

Buying cryptocurrencies is easy and intuitive on KuCoin. Let's explore the different ways of buying DeepBook (DEEP).

Buy DeepBook (DEEP) with crypto on the KuCoin Spot Market

With support for 700+ digital assets, the KuCoin spot market is the most popular place to buy DeepBook (DEEP). Here's how to buy:

1. Buy stablecoins such as USDT on KuCoin using the Fast Trade service, P2P, or through third-party sellers. Alternatively, transfer your current crypto holdings from another wallet or trading platform to KuCoin. Make sure your blockchain network is correct, since depositing crypto to the wrong address may result in loss of assets.

2. Transfer your crypto to a KuCoin Trading Account. Find your desired DeepBook (DEEP) trading pairs in the KuCoin spot market. Place an order to exchange your existing crypto for DeepBook (DEEP).

Tip: KuCoin offers a variety of order types to buy DeepBook (DEEP) in the spot market, such as market orders for instant purchases and limit orders for buying crypto at a specified price. For more information about order types on KuCoin, click here.

3. As soon as your order is successfully executed, you will be able to see your available DeepBook (DEEP) in your Trading Account.

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How to Store DeepBook (DEEP)

The best way to store DeepBook (DEEP) varies based on your needs and preferences. Review the pros and cons to find the best method of storing DeepBook (DEEP).

Store DeepBook in Your KuCoin Account

Holding your crypto in your KuCoin account provides quick access to trading products, such as spot and futures trading, staking, lending, and more. KuCoin serves as the custodian of your crypto assets to help you avoid the hassle of securing your private keys on your own. Make sure to set up a strong password and upgrade your security settings to prevent malicious actors from accessing your funds.

Hold Your DeepBook in Non-Custodial Wallets

"Not your keys, not your coins" is a widely recognized rule in the crypto community. If security is your top concern, you can withdraw your DeepBook (DEEP) to a non-custodial wallet. Storing DeepBook (DEEP) in a non-custodial or self-custodial wallet grants you complete control over your private keys. You can use any type of wallet, including hardware wallets, Web3 wallets, or paper wallets. Note that this option may be less convenient if you wish to trade your DeepBook (DEEP) frequently or put your assets to work. Be sure to store your private keys in a secure location as losing them may result in the permanent loss of your DeepBook (DEEP).

What Can You Do with DeepBook (DEEP) on KuCoin?

Hold

Store your DeepBook (DEEP) in your KuCoin account.

Trade

Trade DeepBook (DEEP) in the spot and futures markets.

Earn

Earn passive income by staking or lending DeepBook (DEEP).

Why Is KuCoin the Best Platform to Buy DeepBook (DEEP)?

Safe and Trusted

Our regular Proof of Reserves (PoR) mechanism ensures that customer funds are backed by 1:1 real assets. KuCoin was named one of the Best Crypto Exchanges by Forbes in 2021 and selected by Ascent as the Best Crypto App in 2022.

High Liquidity

Boasting a high liquidity order book for all listed cryptocurrencies, KuCoin delivers a liquid trading experience with tight spreads.

Home of Crypto Gems

KuCoin supports more than 700 cryptocurrencies and is the best place to find the next crypto gem. Buy DeepBook and trade it against various digital assets on KuCoin.

Intuitive Interface

Buying DeepBook (DEEP) on KuCoin is quick and easy, thanks to our intuitive interface and powerful technology. Obtain DEEP in an instant when you buy on KuCoin.

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FAQ

Is DeepBook (DEEP) a Good Investment?

These advantages make DEEP a valuable asset within the Sui ecosystem, particularly for those interested in DeFi trading and liquidity provision.

1. Liquidity Incentives: DEEP incentivizes liquidity providers by offering rebates during low liquidity periods, ensuring smooth trades with minimal slippage. This makes the platform attractive for professional traders and market makers.

2. Governance Participation: By staking DEEP, you gain governance rights. This allows you to vote on key protocol parameters such as trading fees and staking requirements, giving you a say in the future of the platform.

3. Fee Discounts: Staking DEEP also provides trading fee discounts, with taker fees potentially dropping by up to 50%. This can significantly reduce your trading costs over time.

4. Decentralization and Security: DeepBook operates with full on-chain transparency, providing a secure and decentralized trading environment. This reduces risks like centralization and governance attacks.

What Is DeepBook Price Prediction?

These factors combined help determine the overall market dynamics and the DEEP price prediction in the crypto market.

1. Liquidity and Market Demand: The availability of liquidity within DeepBook's pools impacts the DEEP token price. When liquidity is low, trading costs and slippage increase, which can affect demand for DEEP and influence the DeepBook price.

2. Staking and Governance Participation: The ability to stake DEEP for governance and earn rewards encourages users to hold and use the token. The more users stake DEEP, the higher the demand, potentially pushing up the DEEP coin price.

3. Market Sentiment and Trading Volume: Positive sentiment around Sui’s DeFi ecosystem and higher trading volumes within DeepBook also drive price fluctuations. Major events, upgrades, or partnerships in the ecosystem can lead to DEEP to USD price increases.

4. Token Supply: With a total supply of 10 billion DEEP tokens and a gradual release schedule, the circulating supply plays a significant role. As more tokens are released over time, the $DEEP price may adjust based on market absorption and demand.

How to Stake DEEP Tokens on DeepBook

To stake your DeepBook (DEEP) tokens on the platform, follow these steps:

1. Prepare Your DEEP Tokens: Ensure you have DEEP tokens in your wallet. These tokens are used for staking and governance within DeepBook's liquidity pools.

2. Connect to the Platform: Go to the DeepBook platform or compatible decentralized exchanges integrated with DeepBook. Ensure you have the appropriate wallet connected to the Sui blockchain.

3. Select a Pool: Choose the liquidity pool where you want to stake your DEEP tokens. Each pool has its own staking requirements, including the minimum number of DEEP tokens needed to stake.

4. Stake DEEP Tokens: Transfer your DEEP tokens to the pool's balance manager. The staked tokens will become active during the next epoch, allowing you to participate in pool governance, earn trading fee rebates, and enjoy reduced trading fees based on your stake.

5. Governance Participation: With your staked tokens, you can submit proposals and vote on key parameters, such as taker and maker fees for the pool. Governance is pool-specific and occurs every epoch.

6. Earn Rebates: Staking DEEP tokens allows you to earn maker rebates and reduce trading fees. These incentives depend on your trading volume and the liquidity provided in the pool.

7. Unstake When Ready: If you decide to unstake your tokens, you can do so at any time, but you will forfeit any rebates and discounts for the remainder of the epoch when you unstake.

This staking process allows you to play an active role in the governance of DeepBook's liquidity pools while benefiting from fee reductions and earning rewards. The staking process is available through the platform's governance interface.

DeepBook (DEEP) Price Analysis

Live Price

The live price of DEEP is 0.035566 USD, representing an increase of 611.62% in the past 7 days and 187.96% increase in the past 24 hours.

Historical Trends

The all-time high of DEEP was 0.040462 USD on 10-15, 2024, from which the coin is now down -12.10%.
The all-time low of DEEP was 0.010748 USD, from which the coin is now up 69.78%.

ATL0.010748527064621403

ATH$ 0.040462

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Disclaimer

Given the nature of the crypto market, the price of DeepBook (DEEP) is subject to high market risk and price volatility. We recommend you invest in digital assets only after you understand how they work and their associated risks. Other factors to consider when devising your crypto investment strategy include your experience level, financial situation, investment objectives, and risk tolerance. You could also consult an independent financial advisor before buying cryptocurrencies. The above information is not financial advice, and past performance is not a reliable indicator of how the market will fare in the future. The value of your investments and assets may rise or fall based on market conditions, and there is no guarantee that you will get back the amount you invest or profit from your investments. Your investment decisions are your sole responsibility, and KuCoin is not responsible for any losses you may incur when you buy crypto on its platform. We rely on third-party sources for price and other data related to the cryptocurrencies listed above, and we are not responsible for its reliability or accuracy. The information is provided to you solely for informational purposes and is not warranted by KuCoin.