Introduction
For investors in the cryptocurrency space, purchasing USDT (Tether) is often the first step before engaging in crypto-to-crypto trading. Among the many exchanges offering this service, OKX stands out as one of the largest digital asset platforms by trading volume. Its lightning trade feature supports instant transactions for USDT, Bitcoin, and other cryptocurrencies—even enabling purchases via Alipay. This guide walks you through the entire process of buying and selling USDT on OKX, tailored for beginners and experienced traders alike.
👉 Start trading USDT seamlessly on OKX today
Step-by-Step Guide to Buying USDT on OKX
1. Access OKX Official Website
- Visit the OKX official site and log in to your account.
- Navigate to the "Buy Crypto" section and select C2C Trading.
2. Choose a Reliable Seller
- Click "Buy" to browse available merchants.
- Compare USDT prices among sellers (rates may vary slightly).
3. Enter Purchase Amount
- Specify the desired USDT quantity.
- Click "Buy USDT" to proceed to payment.
4. Complete Payment
- Follow the seller’s preferred payment method (e.g., bank transfer, Alipay).
- After transferring funds, click "I’ve Paid Successfully" and await coin release.
Is USDT Trading Legal in China?
While China doesn’t officially endorse any virtual currency transactions, USDT trades aren’t explicitly illegal. Regulatory policies since 2016–2017 have restricted ICOs and crypto exchanges, but trading via compliant platforms remains operational—albeit without legal protection. Key points:
- Status: Neither fully legal nor prohibited.
- Risk: Transactions lack governmental safeguards.
What Is Tether (USDT)?
Tether (USDT) is a stablecoin pegged 1:1 to the US dollar, issued by Tether Limited. Each USDT unit is backed by $1 in reserves, auditable via Tether’s transparency page. Features include:
- Stability: Minimizes price volatility common in other cryptocurrencies.
- Utility: Enables seamless conversion between crypto and fiat (USD).
👉 Explore secure USDT trading options on OKX
FAQs About Buying/Selling USDT
Q1: Can I use credit cards to buy USDT on OKX?
A: Yes! OKX supports multiple payment methods, including credit/debit cards and third-party processors like Alipay.
Q2: How long does a C2C USDT transaction take?
A: Typically 10–30 minutes after payment confirmation, depending on seller responsiveness.
Q3: Are there purchase limits for USDT?
A: Limits vary by seller and verification level. Check individual merchant terms.
Q4: Why choose USDT over other stablecoins?
A: USDT offers wider acceptance and liquidity across exchanges, making it ideal for arbitrage and hedging.
Q5: What if my seller doesn’t release coins?
A: OKX provides escrow protection. Open a dispute via the platform’s customer support.