Table of contents

How to Buy Tokenized Silver on MEXC (Step-by-Step Guide)

Updated

TL;DR

  • Tokenized silver provides silver price exposure without storage, security, or physical handling issues.

  • Only a few platforms support digital silver, making exchange access, fees, and liquidity important factors.

  • Buying tokenized silver online enables 24/7 trading and fractional ownership through crypto markets.

Interest in silver has moved beyond price charts and into real-world constraints. Physical supply has become harder to source, premiums remain elevated, and storage creates security and insurance concerns for everyday investors. As a result, more people want to buy tokenized silver instead of handling bars or coins. Tokenized silver provides on-chain price exposure without dealing with transport or safekeeping. This guide explains where to access it, how to execute a purchase, and what you are actually holding. If you want to buy tokenized silver, this walkthrough focuses on the most practical route.

 

Where to Buy Tokenized Silver

Several exchanges list tokenized silver products, but access, fees, and liquidity differ across platforms. For this guide, we focus on MEXC due to its broad availability, deep spot liquidity, and support for real-world asset tokens. These factors matter when the goal is to buy silver online efficiently without unnecessary friction.

Users:

9M+

Free Demo:

Mobile App:

Bonus

$20,000

Cryptos:

3137+

Leverage:

500x

Spot Fees:

0.05%/0.05%

Futures Fees:

0.00%/0.02%

Pros
Cons
Overview

MEXC is known as the crypto exchange with the lowest fees. What makes MEXC stand out is its 0% maker fee offer, meaning you can trade futures without any fees. However, the futures taker fees start at 0.02%. No crypto exchange can compete with the MEXC fee structure.

If you are a day trader seeking high leverage, MEXC may be one of your best options. With 500x leverage over 400 futures contracts and by far the lowest fees, MEXC is truly a day trading heaven.

Even if you are not interested in leverage trading, MEXC has you covered with over 3137 supported cryptocurrencies on the spot market. While MEXC offers tons of new altcoins, we recommend being cautious as the legitimacy of newly listed projects may be questionable.

All in all, MEXC is arguably the best option for high-frequency traders seeking low fees to get the best value for money.

 

How to Buy Tokenized Silver on MEXC

Here are the steps to buy Buy Tokenized Silver on MEXC:

1
Log in to MEXC
Visit the official MEXC website and sign in. New users should create an account and complete the basic setup first.
2
Open the Spot Market
From the main navigation menu, hover over the Spot tab and select Spot trading.
3
Search for SLVON
Use the asset search field or trading pair selector and type SLVON to locate the tokenized silver listing.
4
Select the SLVON/USDT Pair
Click on the SLVON/USDT trading pair to open the order page for tokenized silver.
5
Enter Order Amount
In the order panel, enter how much USDT you want to use to buy SLVON based on your available balance.
6
Confirm Your Purchase
Review the order details and confirm the trade. Once completed, SLVON will appear in your MEXC spot wallet.

 

Alternative Exchanges to Buy Silver Online

MEXC may not suit every user depending on location or personal platform preferences. If MEXC is unavailable or you prefer a different interface, there are other options to buy digital silver exposure through established exchanges.

BitMart

BitMart supports a range of real-world asset tokens and serves users across multiple regions. The platform offers reasonable liquidity for tokenized metals and a straightforward trading interface. Fees are higher, but access and asset variety make it a usable option for those looking to buy digital silver without complex setup.

BitMart Exchange

 

Ourbit

Ourbit remains a practical alternative for users who prioritize simple onboarding and zero spot trading fees. The platform offers straightforward access to tokenized assets and supports US users, making it a reasonable option for those looking to buy tokenized silver with minimal setup and cost.

Ourbit Exchange

 

What Is Tokenized iShares Silver Trust ($SLVON)

Tokenized iShares Silver Trust ($SLVON) is a financial product issued through Ondo Finance that is designed to track the price of physical silver held in custody. In its tokenized form, it provides digital exposure to the underlying iShares Silver Trust via a blockchain-based structure. Rather than owning physical bullion, holders receive price-linked exposure that reflects movements in the silver market. This model removes the need for storage, insurance, or delivery, while keeping valuation aligned with traditional silver benchmarks. It represents economic exposure rather than direct ownership, with value dependent on the trust structure, issuer, and custodial framework.

 

Bottom Line

Silver demand continues to rise, but physical ownership has become less practical for many investors. Tokenized products address this gap by shifting exposure on-chain while maintaining linkage to established silver instruments. For those looking to buy tokenized silver, platforms like Ourbit simplify access through low fees and straightforward execution. This approach suits investors who want price exposure without logistical overhead. While it does not replace physical ownership for everyone, it offers a realistic alternative for modern portfolios focused on accessibility, security, and efficiency. If on-chain metals fit your strategy, reading our guide on how to buy gold online is a logical next step.

 

FAQs

1. What does tokenized silver represent?

It represents blockchain-based price exposure to silver through a structured financial product rather than physical metal ownership.

 

2. Is tokenized silver backed by real silver?

Backing depends on the issuer and trust structure. Most products rely on custodial holdings or regulated trusts.

 

3. Can I sell tokenized silver anytime?

Yes. Tokenized silver trades on crypto spot markets, allowing users to buy and sell at any time without market hour limits.