How to Buy $FAI

For this guide, we will use the MEXC exchange platform to buy $FAI tokens. MEXC is one of the largest crypto exchanges, with over 6 million active users, support for more than 2400 crypto tokens with the lowest trading fees, and powerful security features. We chose MEXC for its large selection of crypto tokens (including alt coins), high liquidity, KYC compliance, advanced trading options, and competitive platform fees of 0.05% for makers and takers.

New users can earn a bonus of up to $20,000 and qualify for further discounts if they hold the native token, $MX. The platform’s support for multiple trading bots (bot trading, P2P trading, Demo Trading) allows users to optimize their trading performance without micromanaging their investment strategies. Plus, users with a risk-forward mindset can also enjoy a leverage of up to 200x on their futures investment.

The following are the steps for buying $FAI tokens on MEXC:

Step 1: Hover over the Spot tab, and from the dropdown menu, click on “Spot”.

Step 2: Next, click on the “Assets List”, search for “FAI”, and select “FAI/USDT”, which should be under the Spot option.

Step 3: On the right, you will find the Buy/Sell panel where you have the option of choosing between a Market or Limit order.

Step 4: In the “Amount” field, enter the amount of FAI you want to buy, or in the “Total” field, enter the amount of USDT. For your convenience, you may use the slider instead.

Step 5: Once you are done filling in the details, go ahead and press “Buy FAI”.

Fees When Buying $FAI on MEXC

MEXC applies a 0.05% trading fee for both makers and takers. This means if you buy $100 worth of $FAI, you’ll pay a $0.05 fee, leaving you with $99.95 in assets. However, if you hold and use MX (MEXC’s native token) to pay fees, you can get a 50% discount, reducing the taker fee to 0.025%.

How to Transfer $FAI to a Web3 Wallet (MetaMask)

Buying FAI tokens is only the first step. Many users move their FAI to a Web3 wallet to maintain full control of their funds or to access features on the Freysa AI platform. Since errors during token transfers can result in irreversible losses, it’s important to follow the correct steps.

Begin by selecting a wallet that supports FAI. Freysa AI runs on the Base Network, which is EVM-compatible, so MetaMask is a suitable choice. You’ll need to manually add the Base Network to MetaMask before proceeding.

Add Base to MetaMask

Download MetaMask for your device

Once your wallet is ready, you can transfer FAI from a centralized exchange by using your Base wallet address. This way, your tokens remain secure and completely in your possession.

Step 1: Hover over the “Wallets” tab, and from the dropdown menu, click on “Withdraw”.

Step 2: In the “Crypto” field, search for “FAI” and select it from the list.

Step 3: In the “Withdraw To” address field, open your FAI-compatible wallet, copy your receive address, and paste it here.

Step 4: Next, choose the appropriate network for your withdrawal.

Step 5: Enter the “Withdrawal Amount” in the designated field. After carefully reviewing and filling in all the details, click “Submit” to complete the withdrawal process.

The transaction usually completes in less than a minute. You can monitor its status using the transaction ID on Basescan. After confirmation, your $FAI tokens will show up in your wallet, ready for use across the Freysa AI platform. With your assets safely in place and easily accessible, you now have full control.

Buy $FAI!

Freysa AI Explained

Freysa AI is an innovative project that blends artificial intelligence with blockchain technology, pushing the boundaries of how AI agents can interact with humans. Launched in late 2024, Freysa operates on the Base blockchain network and features its native token, $FAI. At the heart of this project is a digital gatekeeper designed to protect a prize pool. This AI doesn’t just play a role in the game, it’s the key to its premise. The challenge? The gatekeeper has a strict set of rules programmed into it, which prevent it from ever releasing funds, no matter what.

What really sets Freysa AI apart as a top AI agent project is how it redefines the gaming experience. It’s not just about winning or losing in the traditional sense. The game is about testing the limits of AI decision-making and human interaction with this autonomous system. Players must navigate this unique challenge, where the AI’s programmed rules create a whole new dynamic in the world of blockchain gaming. It’s a truly one-of-a-kind experience, combining the thrill of gaming with the cutting-edge world of AI and blockchain.

Bottom Line

Now that you’ve purchased $FAI, you can use it for platform interactions or governance decisions. Be sure to transfer your tokens to a secure Web3 wallet to maintain control over your assets. Take your time exploring the platform’s features as you engage with Freysa AI.

FAQs

1. How do I earn FAI tokens?

You earn FAI by interacting with the Freysa platform, each message you send to the AI challenger generates a small messaging fee paid out in FAI.

2. Where can I buy or trade FAI?

FAI is currently listed on MEXC and other supported decentralized exchanges on the Base network, simply connect your Web3 wallet and swap for FAI.

3. What can I do with my FAI tokens?

Beyond trading, FAI can be used for in-platform perks (e.g., entry to special challenges), governance votes on future feature proposals, and access to exclusive NFT drops.

4. How does Freysa’s success impact FAI’s value?

As more players join the “outwit-the-AI” game and messaging volume increases, more FAI is earned and traded, driving adoption and potential token appreciation.

5. How can I stay updated on FAI developments?

Follow Freysa’s official channels, Twitter, Warpcast, and Telegram, for the latest announcements, roadmap updates, and community events centered around FAI.