DegenReborn (DEGEN) is a utility token used in the DegenReborn game, which is an almost-fully-onchain Web3 game that incorporates elements of Crypto Twitter culture and memes. The token is employed for various purposes within the game:

1. Earning Rewards: Players can earn DEGEN tokens by participating in the game, particularly in life rounds. These tokens can be used to win airdrop rewards and big prizes, including more DEGEN tokens.

2. Tokenomics: The game features jackpot tokenomics to reward players, known as "degenerates," and referral bonuses to incentivize viral growth. This tokenomics system is designed to be deflationary, which means it aims to reduce the token supply over time.

3. NFT Collection: DEGEN tokens can be used to enhance gameplay by acquiring limited NFT collections, such as Degen2009. These NFTs provide boosts to game performance and can also be used to burn unwanted heroes, earning a combination of native tokens like ETH or BNB and DEGEN tokens.

4. In-Game Transactions: DEGEN tokens are used as the primary currency within the game, allowing players to engage in various activities and transactions.

Overall, the DEGEN token is central to the DegenReborn game, facilitating gameplay, rewards, and transactions within the ecosystem.

To store DegenReborn (DEGEN) tokens securely, it is recommended to use "Cold Wallets," which are offline wallets that protect your assets from potential hacks and exchange shutdowns. There are two types of cold wallets:

1. Paper Wallet: This involves generating public and private keys offline and printing them on paper. The keys are in QR code form, allowing you to scan them for future transactions.
2. Hardware Cold Wallet: This is a physical device that stores your cryptocurrency. Your crypto addresses and keys are kept on a USB drive, and only the person with the USB drive can access the assets. Hardware cold wallets are preferred by most users, especially for storing large numbers of coins or tokens.

To buy DegenReborn (DEGEN) tokens, follow these steps:

1. Create an account:

   • On platforms like Bitget, create an account by following the sign-up process.
   • On MEXC, click on the "Buy Crypto" link on the top left of the website navigation.

2. Complete identity verification:

   • On Bitget, complete the identity verification process to ensure secure transactions.

3. Choose a payment method:

• On Bitget, you can use various payment options such as credit/debit cards, Google Pay, Apple Pay, bank transfers, or fiat balance.
• On MEXC, select your preferred method to buy the DEGEN tokens.

4. Place an order:

   • On Bitget, place a DegenReborn order through your chosen payment method.
   • On MEXC, follow the platform's instructions to complete your purchase.

5. Monitor your account:

   • On Bitget, monitor your DegenReborn tokens in your spot account.

Additionally, you can also use Binance to buy DegenReborn tokens by following their step-by-step guide.