1. OKX registration
Registering an account on OKX only takes a few minutes and gives you access to the world’s most powerful suite of crypto trading tools. Here’s how to get started, step by step.
Step 1
Head to the OKX homepage’s top right corner and click Sign up.
Step 2
Enter your email address in the Email field.
Step 3
Click Sign Up when you’re ready to sign up with your email address.
Step 4
Check your email for the six-digit registration verification code we automatically sent you.
Step 5
You will have 10 minutes to enter the verification code into the Enter code field. When you’ve finished so, click Next to continue.
Step 6
Enter the password you want to protect your account with in the Password field. Click Next when you’re satisfied.
Keep in mind to:
- Use a combination of numbers, letters, symbols, and lower and upper case
- Never share your password with anyone, including people claiming to work for OKX
Step 7
You can now access your OKX account dashboard. To get started you have two options:
- Buy with card, which allows you to buy Bitcoin and 99 other cryptocurrencies with 92 fiat currencies.
- Deposit: If you already own crypto, you can deposit from another platform or wallet to your OKX account
Step 8
Hover over the Trade menu in the navigation bar and select the option you’re interested in. Before you start trading, you will be asked about your trading experience.
2. Identity Verification
To use your personal account, you need to complete account verification. We require this to keep your account and assets safe.
The goal of the verification process is to ensure secure transactions and prevent fraud and other illegal activities. You can trade and deposit/withdraw funds after completing account verification.
Get started on the Web
Log in to your account at okx.com and go to the verification page . You can find it under profile icon > Verification . On this page, find Personal Account and select Continue .
- Open the Identity Verification page
Get started on the App
Open OKX App , go to User Center. Go to Profile and Settings and select Identity verification under Profile
Open User Center in the top left corner
Identity verification
Provide basic information about yourself and make sure it is accurate and up to date.
- Basic information
- Country of residence
- Nationality
- Locality name (if any)
- Full name
- Date of birth
- Identification document code
- Type of identification document
- Address of residence
- Identification
- We accept identification documents, valid government-issued passports, driver’s licenses, etc. These documents must meet the following requirements:
- Include name, date of birth, date of issue and expiration date
- Screenshots of any kind are not accepted
- Easy to read and has clear photos
- Cover all corners of the papers
- Unexpired
- Selfies
- These documents must meet the following requirements:
- Your entire face should be placed within the oval frame
- Do not wear masks, glasses and hats
- Proof of residence (if any)
- These documents must meet the following requirements:
- Upload a document with your current residence address
- Ensure that all documents are shown and issued within the last 3 months.
Once everything is ready, you can submit your verification application. We will review within 24 hours and contact you with the results.
3. Join Event
- Click here
- Click “Join now” Button.
4. Depositing your account (min 100$)
If you don’t have enough $100 in cryptocurrency, go to Buy Crypto P2P below.
Earn your first $1,000,000. Click here!
Getting Started
Log in to your account at okx.com , go to the Assets , and select Deposit
- Select the crypto that you want to deposit in Select crypto field and deposit network in the Deposit network field, then select Next
- Select your preferred crypto and network that match your corresponding platform
- Deposit details will then automatically generate
- Select your OKX account in the Deposit to field to receive your transaction
- Select either Funding or Trading account that you want to receive the deposit
- You can either select Copy to copy the deposit address to your withdrawal platform or scan the QR code using your withdrawal platform app to make the deposit.
- Select Copy or scan the QR code to make a deposit via your withdrawal platform
Note:
- Make sure selected crypto and network on both OKX and your withdrawal platform are the same to ensure a successful deposit. Otherwise, you’ll lose your assets.
- You can find the minimum amount, required confirmation numbers, and contact address on the Deposit page
- You won’t receive your assets if you deposit the crypto amount less than the minimum amount.
- Some crypto (eg XRP) generates a tag/memo which is usually a string of numbers. You need to enter both the deposit address and tag/memo when you’re depositing. Otherwise, you’ll lose your assets. Click here to learn more about how to deposit crypto with a tag/memo.
5. Buy crypto on OKX P2P trading (Min 100$)
Payment
On the App
- On the P2P trading page, select My profile .
Select Profile on the P2P trading page
- Select Payment to see all available payment methods.
- Select Add account , choose your currency and payment method from the list (bank or e-wallet).
Select add account option to start adding your details
- Insert your bank account name (name of the bank card holder) and account number, verify your added payment method via SMS/email/Google Authenticator.
Insert the required details to complete the whole process
- The payment method will appear on the My profile page in the Payment section.
Your newly selected payment method is now available
On the Web
- On the P2P Trading page, select My profile .
- Select Add payment method > Manage payment methods .
Add your payment method via the My profile section on the P2P trading page
- Select your currency and payment method from the list (bank or e-wallet).
- Insert your bank account name (name of the bank card holder) and account number.
Fill in the mandatory details to proceed to the next phase
- Verify your added payment method via SMS/email/Google Authenticator.
- The payment method will appear on My profile page.
Your newly selected payment method is now available
Note: Only use payment methods registered in your name, which matches your OKX account. Third party payments are prohibited on OKX P2P.
P2P Buy/Sell
OKX P2P Trading enables you to buy crypto from or sell crypto to other users in the P2P, or peer-to-peer, marketplace in your local currency.
When you buy crypto P2P, OKX holds onto the crypto for security, and we release it when the seller receives your payment. Because you buy directly from sellers, there’s a wider range of payment methods available than on traditional exchange platforms. (The available options vary between sellers)
Here’s how to buy cryptocurrencies with fiat on OKX P2P Trading:
Getting started
To buy or sell crypto from the ads available in OKX’s P2P Trading marketplace, you need to verify your identity by completing verification .
You’ll also need to add at least one payment method to your account if you’re selling crypto via one of the ads listed in the marketplace.
How do I buy crypto with P2P Trading?
Earn your first $1,000,000. Click here!
On the Web
- Open OKX website and select Buy crypto > P2P trading
Open P2P trading from homepage
- Select the payment currency and the crypto you want to receive, and payment methods you want to use
- Select Buy next to your preferred offer
Select an offer you would like to buy
- Fill in the amount within the order limit and select the payment method
- Select Buy [crypto] to proceed
Note : at this point, OKX will hold the crypto being bought until the seller confirms the payment has been received, the order has been canceled by you or the order times out. You mustn’t pay if the order is at risk of timing out because the seller will regain the crypto held earlier when the timer reaches zero if the payment hasn’t been marked as complete.
- You can see a chatbox on the order page if you need to message the seller for any reason
- Select Payment Completed once you’ve paid via the payment App/method chosen
Note : when the seller confirms receipt of payment, you’ll receive the crypto in your OKX account
On App
- Log in to your account on the OKX App and select Buy crypto > P2P trading
Open P2P trading from homepage
- Make sure Buy is selected at the top
- Select the payment currency and the crypto you want to receive, and Filters the listed offers by Ad types and Payment methods available and Apply
Select an offer you would like to buy
- Select Buy next to your preferred offer
- Enter the total price or crypto amount you want to buy within the order limit and select the payment method
- Select Buy [crypto] with 0 fees to proceed
Note : at this point, OKX will hold the crypto being bought until the seller confirms the payment has been received, the order has been canceled by you or the order times out. You mustn’t pay if the order is at risk of timing out because the seller will regain the crypto held earlier when the timer reaches zero if the payment hasn’t been marked as complete. - If you need to message the seller for any reason, select Chat . If not, check the order details and select Continue
- Select Payment Completed once you have paid via the payment App/method chosen
Note : when the seller confirms receipt of payment, you’ll receive the crypto in your OKX account
OKX P2P Trading is a safe and convenient way to buy or sell crypto. When you buy crypto, OKX holds onto the crypto for security until the seller receives your payment, and then we release the crypto. In case the seller doesn’t release the crypto, you can raise a dispute. Our customer support will handle the dispute raised and release crypto once it’s been verified.
6. Leverage Trading
Earn your first $1,000,000. Click here!
OKX supports the trading of futures contracts for 13 top digital assets, such as BTC and ETH . Each contract represents $100 worth of BTC or $10 worth of other digital assets (ie, ETH , LTC , etc.).
While futures are relatively advanced products compared to spot trading and carry various risks, more experienced users can follow this step-by-step guide to start trading futures on OKX.
Step 1: Go to the futures section
From the OKX homepage, navigate to Trade and click Futures trading.
If you’re using the OKX mobile application, you can access the Trade section via the Trade button at the bottom of the home screen. The remaining steps are very similar for both the OKX website and application. As such, the steps for the website included below are also applicable to the app.
Step 2: Activate futures trading
Beginners to futures trading need to understand and acknowledge the risks involved. If you’ve never traded futures before, complete the steps on the relevant pop-ups to activate derivatives trading on OKX.
Step 3: Transfer funds to your trading account
Earn your first $1,000,000. Click here!
Your trading account needs funding before you can start trading. If you don’t have funds in your trading account, click on Transfer from the Assets dropdown list in the top menu to move funds between accounts. You’ll find Assets on the homepage’s bottom toolbar on the OKX app.
If you don’t have any crypto assets on your OKX account, you can either buy crypto or learn how to deposit crypto on OKX with our beginner’s guide to crypto trading.
Step 4: Choose a futures contract to trade
From the “Margin trading” section, click the trading pair at the top and then the switch icon. Next, click Futures.
Now, choose a margin mode. Crypto-margined futures are settled in the underlying cryptocurrency, and USDT-margined are settled in the stablecoin USDT.
Next, select your desired futures contract. Each contract is named using the two assets traded, the settlement date and its time frame. The available options are Weekly, Bi-weekly, Quarterly and Bi-quarterly. Futures contracts on OKX are settled on Fridays at 8:00 am UTC.
For this demonstration, we’ll trade the USDT-margined BTCUSD weekly contract settling on April 1, 2022.
Step 5: Choose a margin mode and leverage multiplier for futures trading
Earn your first $1,000,000. Click here!
Now, select a margin mode (either “Isolated” or “Cross”) and choose your desired leverage multiplier — we recommend starting very low (eg, 1x to 3x). If you select Isolated margin mode, only funds designated as the margin will be used to collateralize a position. In Cross margin mode, all account funds of the relevant currency will be used as the position’s margin.
As part of our Unified Account system, OKX offers two account modes to customize risk parameters further. Single-currency margin ensures that only the currency traded will be used as a position’s margin. Meanwhile, Multi-currency margin mode enables all assets held in your account to be used as the margin.
Step 6: Enter order details and execute
After selecting a margin type and leverage multiplier, choose your “Order Type,” and input the “Price” and “Amount” for the trade. If you would like to execute your order as soon as possible, you can click on BBO (ie, the best bid offer ).
After entering order details, click on Buy (Long) to enter a long contract (ie, to buy the asset on the settlement date) or click on Sell (Short) to initiate a short position (ie, to sell the asset later).
For example, we set up a limit order at 44,382.9 USDT to enter a long position for the “BTCUSD0401” contract.
Step 7: (Optional) Add “Take Profit” or “Stop Loss”
Before you click Buy (Long) or Sell (Short), you can choose either Take profit or Stop loss. You’ll find more information about these helpful risk management tools here .
Step 8: Review your order
Earn your first $1,000,000. Click here!
After your trade is executed, your order will be submitted, and you can review your position’s status by scrolling to the active trades section at the bottom of the trading homepage. This section shows you helpful information such as the “Avg. Price,” “Liquidation Price,” “Unrealized P&L” and so on.
Step 9: (Optional) Close your position
If you would like to offset some or all of your open position, you can do so by entering the price and amount you want to exit and clicking Close.
Alternatively, you can quickly exit positions at the current market price using the MRK Close All button on the “Positions” tab. This option is best reserved for times of extreme price movements when quickly exiting a position is crucial to prevent losses (or to secure profits). This is because market sells pay the higher Taker fee, whereas limit orders pay the lower Maker fee.
Fees for trading crypto futures on OKX
For trading futures on OKX, the settlement fees are 0.03% for all tokens. Maker and Taker fees also apply, depending on the method of closing a position (ie, Maker or Taker) used. The percentage of Maker and Taker fees vary for different tiers of users. For more details, you can view the fee table .
Rewards will be distributed when your volume reaches $15,000.
For more usage guidelines, please Join: Community and Learn
Not a part of the OKX community? Sign up to get started trading futures today. Earn your first $1,000,000. Click here!
Quer se manter atualizado em tudo o que é relevante no mundo cripto? O CriptoElite tem uma comunidade no Telegram em que você pode ler em primeira mão as notícias relevantes e conversar com outros entusiastas em criptomoedas. Confira!.
Todas as informações contidas em nosso site são publicadas de boa fé e apenas para fins de informação geral. Qualquer ação que o leitor tome com base nas informações contidas em nosso site é por sua própria conta e risco.