Introduction
Welcome to this detailed guide on using OKX (formerly OKEx), one of the worldโs leading cryptocurrency exchanges. Whether you're new to crypto or an experienced trader, this tutorial covers everything from registration and verification to buying, selling, and withdrawing funds.
By the end, youโll understand:
- How to register and verify your OKX account.
- Steps to download the OKX app.
- Methods to deposit, trade, and withdraw cryptocurrencies.
- Tips for converting crypto to fiat (RMB).
How to Register on OKX
Step-by-Step Registration Process
- Visit the OKX Website: Go to the official OKX platform.
- Click "Sign Up": Enter your email or mobile number and create a strong password.
- Verify Your Account: Complete email/SMS verification.
- Enable Two-Factor Authentication (2FA): For added security, use Google Authenticator or SMS.
๐ Pro Tip: Use an OKX referral code for potential fee discounts.
Downloading the OKX App
OKX offers mobile apps for iOS and Android:
- Android: Download via the OKX website or Google Play Store.
- iOS: Available on the App Store (may require a non-China App Store account for some regions).
Identity Verification (KYC)
To trade and withdraw, complete Identity Verification:
- Navigate to "Verification" in your account settings.
Submit:
- A government-issued ID (passport, driverโs license).
- A selfie for facial recognition.
- Wait 1โ3 business days for approval.
Depositing Funds
OKX supports multiple deposit methods:
| Method | Processing Time | Fees |
|-----------------|----------------|--------------|
| Cryptocurrency | 5โ30 minutes | Network fees |
| Bank Transfer | 1โ3 days | Varies by bank |
| Credit Card | Instant | ~3โ5% |
๐ Deposit crypto now
Buying and Trading Cryptocurrencies
Buying Crypto with Fiat
- Go to "Buy Crypto" โ Choose your payment method.
- Select a currency (e.g., BTC, ETH) and enter the amount.
- Confirm the transaction.
Spot Trading
- Navigate to "Trade" โ "Spot Trading".
- Select a trading pair (e.g., BTC/USDT).
- Place a limit, market, or stop order.
Withdrawing Funds
Crypto Withdrawals
- Go to "Assets" โ "Withdraw".
- Select the cryptocurrency and enter the wallet address.
- Confirm via 2FA.
Converting Crypto to Fiat (RMB)
- Sell crypto for USDT or another stablecoin.
- Use P2P trading to sell USDT for RMB.
- Withdraw to your linked bank account.
๐ Learn advanced withdrawal strategies
FAQs
1. Is OKX safe?
Yes, OKX uses cold storage, 2FA, and SSL encryption to protect user funds.
2. How long do withdrawals take?
Crypto withdrawals: 5โ60 minutes (depends on network congestion).
Fiat withdrawals: 1โ3 business days.
3. What are OKXโs trading fees?
- Maker fees: 0.08% โ 0.10%.
- Taker fees: 0.10% โ 0.15%.
- Discounts available for high-volume traders.
4. Can I use OKX without KYC?
Basic trading is possible, but withdrawals require full KYC.
5. How do I contact OKX support?
Use the 24/7 live chat or submit a ticket via the "Help Center".
Conclusion
OKX (OKEx) is a powerful, secure, and user-friendly platform for trading cryptocurrencies. Follow this guide to register, verify, trade, and withdraw seamlessly.
๐ Join OKX today and start your crypto journey!