You can now buy cryptocurrency instantly with no fees using your cash balance on OKX. This streamlined process eliminates transaction costs while providing immediate access to digital assets. Here's everything you need to know to get started.
How to Deposit Cash to Your OKX Account
Before purchasing crypto, you'll need to fund your cash balance:
- Deposit via bank transfer
- Use supported payment methods (credit/debit cards, e-wallets)
- Minimum deposit amounts may apply based on your region
👉 Discover the fastest deposit methods
Step-by-Step Guide to Buying Crypto With Cash
1. Access the Buying Interface
- Mobile users: Open OKX app → Tap "Buy"
- Web users: Log in → Navigate to "Buy crypto" → Select "Express buy"
2. Select Your Cryptocurrency
Choose from supported assets including:
- Bitcoin (BTC)
- Ethereum (ETH)
- Stablecoins (USDT, USDC)
- Other altcoins
3. Enter Purchase Amount
Specify either:
- The cash amount you want to spend or
- The quantity of crypto you wish to purchase
4. Confirm Transaction Details
Review:
- Current exchange rate
- Total crypto you'll receive
- Settlement time (typically instant)
5. Complete Your Purchase
Tap "Buy" to finalize the transaction. Your cash balance will update immediately, and the cryptocurrency will be deposited to your OKX wallet.
Managing Your Crypto Purchases
Viewing Recent Transactions
Track purchase history through:
- Web interface: Buy crypto → Express Buy → Order history
- Mobile app: Portfolio → Transactions → Filter by "Buy" type
Checking Your Balance
Find purchased crypto in:
- App: Assets → Overview
- Web: Assets → My assets → Overview
FAQ Section
Is there a fee for buying crypto with cash balance?
No transaction fees apply when using your OKX cash balance for crypto purchases.
What should I do if my purchase fails?
Common resolution steps:
- Verify sufficient cash balance
- Check for system notifications
- Retry during less volatile market conditions
- Contact OKX support if issues persist
Why don't I see all cryptocurrencies available?
The platform displays only currently supported assets. For expanded trading options:
- Visit Spot Trade for more pairs
- Explore DEX for decentralized trading
How long does it take to receive purchased crypto?
Transactions typically settle instantly, though rare delays may occur during:
- Network congestion
- Extra security verifications
- System maintenance periods
Can I set up recurring purchases?
Yes! OKX offers:
- Dollar-cost averaging (DCA) plans
- Scheduled buys
- Price alerts for optimal entry points
Tips for First-Time Buyers
- Start with small test transactions
- Enable two-factor authentication
- Bookmark the OKX status page for system updates
- Consider tax implications in your jurisdiction
Remember: Cryptocurrency investments carry risk—only spend what you can afford to lose. OKX provides educational resources to help you make informed decisions.