Reserve notes2 min read

Do you need stock tokens to buy MAG7X?

No. MAG7X is bought with BNB. Stock tokens belong to a separate route into its reserve. Here is the difference and where to check a buy quote.

Share on X

You do not need Apple, Tesla or any other stock token to buy MAG7X. MAG7X is a memecoin on BNB Chain, launched through Flap. A buyer uses BNB to buy the token. The stock-token side is a separate path for holders who want to sell supported assets to its reserve.

Two different trades

The first is simple: BNB in, MAG7X out. Flap’s token market quotes the exchange. You can use the MAG7X trade desk or MAG7X on Flap. Match the contract address, not just the name: 0xd40ccf3e065b1686eb683516e94357de0ac77777.

The second trade is for someone who already holds a supported stock token on BNB Chain. During its buying phase, the MAG7X reserve can buy that asset from the holder for BNB, subject to a current quote and available budget. That seller route is not a prerequisite for buying MAG7X.

What does buying MAG7X give you?

MAG7X tokens in your wallet. It does not put Apple shares, SpaceX shares or stock tokens in your wallet. Trading fees help fund the project’s separate reserve, which can acquire supported stock tokens. The reserve report shows its dated holdings and buying budget separately.

If you are here for the token, start with a BNB amount in the buy panel. You can inspect the estimated MAG7X received and the minimum before connecting a wallet. If you decide to trade, you will need BNB on BNB Chain for the purchase and network gas. The quote can change, so read the fresh numbers in the desk and then in your wallet before confirming.

Preview a MAG7X buy

Sources