How to buy DeepSeek on DEX? A look at DeepSeek Inspired Tokens

What is DeepSeek AI?

What is DeepSeek? DeepSeek is an innovative AI platform that has captured global attention since its launch in 2023. Developed by Liang Wenfeng, the founder of the quant trading hedge fund High-Flyer, DeepSeek combines artificial intelligence, big data processing, and cloud computing to deliver cutting-edge solutions across industries like healthcare, finance, and logistics. The platform’s AI model, DeepSeek-V3, was trained at a fraction of the cost of its competitors, making it a disruptive force in the AI market.

DeepSeek’s AI capabilities are not limited to its chatbot, which rivals tools like ChatGPT and Google’s Gemini. The platform also integrates seamlessly into various industries, offering user-centric tools and cloud-based architecture to enhance productivity and decision-making processes. Its rapid rise in popularity has also sparked interest in its cryptocurrency token, which can be traded on decentralized exchanges (DEXs).

Who Are the Founders of DeepSeek?

DeepSeek was founded by Liang Wenfeng, a Zhejiang University graduate and co-founder of the quant hedge fund High-Flyer. Liang’s background in finance and his expertise in artificial intelligence have been instrumental in the development of DeepSeek. Unlike many AI pioneers from Silicon Valley, Liang’s journey began in the financial sector, where he used AI to predict market trends and make investment decisions.

In 2021, Liang began acquiring Nvidia chips for an AI side project, which eventually led to the creation of DeepSeek. By 2023, DeepSeek had launched its V3 model, trained using 2,000 Nvidia H800 chips at a cost of under $6 million. This efficient approach to AI development has set DeepSeek apart from its competitors and solidified Liang’s reputation as a visionary in the field.

Why is DeepSeek So Popular?

DeepSeek DeepSeek has gained immense popularity for several reasons:

1. Unparalleled AI Capabilities: The platform’s ability to deliver precise predictions and actionable insights has made it a standout in the AI industry. Its adaptability across various sectors, from logistics to healthcare, has further enhanced its appeal.

2. Cost-Effective Development: DeepSeek’s AI models were developed at a fraction of the cost of its competitors, challenging traditional methods and raising questions about the future of AI development.

3. Global Curiosity in Chinese AI: As a Chinese AI platform, DeepSeek has become a focal point in discussions about the global AI landscape. Its success has sparked debates about the role of Chinese innovation in shaping the future of technology.

4. Token Hype: The DeepSeek-inspired cryptocurrency token has attracted significant attention, with many investors eager to buy DeepSeek on DEX platforms. The token’s rapid price surge has added to the platform’s allure.

How to Buy DeepSeek Inspired Token on DEX

DeepSeek's official X account has announced in a sticky post that the Chinese company has not issued any cryptocurrency, while DeepSeek named tokens out there are likely inspired by the AI platform. If you’re still looking to buy DeepSeek on DEX platforms, follow these steps:

1. Set Up a Wallet: To trade on a decentralized exchange, you’ll need a compatible wallet like the OKX wallet. This wallet allows you to securely store and manage your cryptocurrency.

2. Fund Your Wallet: Deposit cryptocurrency, such as Ethereum (ETH), into your wallet. This will be used to trade for DeepSeek tokens.

3. Connect to a DEX: Use your wallet to connect to a decentralized exchange that lists DeepSeek tokens. Popular DEX platforms include Uniswap and PancakeSwap.

4. Search for DeepSeek: Enter the DeepSeek contract address (6YCfzgGz64rmtrJ3KbbSBvAFYNgF9oVCYa6pEvq9qTLV) to ensure you’re trading the correct token.

5. Adjust Slippage and Gas Fees: Before completing your trade, adjust the slippage fee and gas fee settings to account for market volatility. For users of the OKX wallet, these settings are straightforward and user-friendly.

6. Complete the Trade: Confirm the transaction in your wallet to finalize the purchase. Once completed, the DeepSeek tokens will appear in your wallet.

For more details on DeepSeek’s price and trading options, visit the DeepSeek price page.

What Blockchain is DeepSeek On?

DeepSeek operates on a blockchain network that supports decentralized trading and smart contracts. While the specific blockchain is not explicitly mentioned, the token’s compatibility with DEX platforms suggests it is likely built on Ethereum or Binance Smart Chain (BSC). These blockchains are known for their robust ecosystems and widespread adoption in the cryptocurrency community.

How Do I Check DeepSeek Contract Address?

To verify the authenticity of the DeepSeek token, always use the official contract address: 6YCfzgGz64rmtrJ3KbbSBvAFYNgF9oVCYa6pEvq9qTLV. This address can be used to search for the token on DEX platforms and ensure you’re trading the correct asset. Avoid using unofficial or unverified contract addresses to prevent scams.

What is the Slippage Fee and Gas Fee for Swaps on OKX?

When trading DeepSeek tokens on a DEX using the OKX wallet, you’ll encounter two types of fees:

1. Slippage Fee: This fee accounts for price changes between the time a trade is initiated and when it is executed. For DeepSeek, it’s recommended to set a slippage tolerance of 1-3% to ensure successful transactions.

2. Gas Fee: This is the cost of processing a transaction on the blockchain. Gas fees vary depending on network congestion but are generally lower on blockchains like Binance Smart Chain compared to Ethereum.

The OKX wallet simplifies the process of adjusting these fees, making it an excellent choice for trading DeepSeek tokens.

Conclusion

DeepSeek DeepSeek represents a groundbreaking fusion of artificial intelligence and blockchain technology. Its innovative approach to AI development and its inspired cryptocurrency token have made it a focal point in global discussions about the future of technology. For those looking to buy DeepSeek on DEX platforms, tools like the OKX wallet provide a secure and user-friendly way to participate in this exciting ecosystem. Always verify the contract address and adjust slippage and gas fees to ensure a smooth trading experience.

This article is intended for informational purposes only and should not be considered as professional advice; AI was used to assist in content creation.