How to Buy Cryptocurrency on OKX: A Beginner’s Step-by-Step Guide

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Cryptocurrency has become one of the most accessible and dynamic financial markets today. For beginners, navigating this space can feel overwhelming — but with the right tools and guidance, getting started is easier than you think. One of the most trusted platforms for new users is OKX, a globally recognized crypto exchange known for its security, ease of use, and comprehensive features.

This guide walks you through everything you need to know as a beginner: how to register on OKX, complete identity verification, buy your first USDT (the most common stablecoin), trade popular cryptocurrencies like Dogecoin, and safely withdraw funds back to fiat currency.

Why Choose OKX for Beginners?

Before diving into the steps, let’s understand why OKX stands out as an ideal entry point for newcomers.

👉 Start your crypto journey securely today.

Step 1: Register Your OKX Account

To begin, visit the official OKX website. Ensure your IP address isn’t from restricted regions such as the U.S., Canada, or Singapore. IPs from Hong Kong, Taiwan, or South Korea work well for registration.

During sign-up:

Next:

Your account is now created. You can also register directly through the OKX mobile app using the same referral code for identical benefits.

Step 2: Complete Identity Verification (KYC)

Before trading, OKX requires identity verification — a standard process that enhances platform security and compliance.

Here’s how:

  1. Go to your profile and select "Identity Verification."
  2. Choose between ID card or passport — ID cards are recommended for mainland users.
  3. Upload clear photos of both sides of your ID.
  4. Complete facial recognition as prompted.

Verification typically takes just minutes. Once approved, you’ll gain full access to deposit, trade, and withdraw funds.

Step 3: Buy USDT Using C2C Trading

You can't directly buy Bitcoin or Dogecoin with RMB. Instead, you first purchase USDT (Tether) — a stablecoin pegged 1:1 to the U.S. dollar — which acts like digital cash in the crypto world.

Think of it like exchanging money for chips at a casino: you trade your RMB for USDT, then use USDT to buy other cryptocurrencies.

How to Buy USDT on OKX

  1. Open the OKX app and tap [C2C Buy] on the homepage.
  2. Select USDT as the coin.
  3. Enter the amount in CNY (e.g., 500 RMB).
  4. Set your payment method: Alipay, WeChat Pay, or bank transfer. Alipay is preferred for privacy and convenience.
  5. Click Confirm to see available sellers.

Now comes a crucial step: choosing a reliable seller.

Look for:

Select a trustworthy seller and click Buy USDT.

Enter the purchase amount again. You’ll see how much USDT you’ll receive (e.g., 41.43 USDT for 300 CNY). Tap Buy Now (0 Fees).

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In the chat window, read all seller instructions carefully. Then proceed to pay via Alipay using the provided details.

After payment:

As a new user, build trust gradually by starting with small trades. Older accounts with transaction history face fewer restrictions.

Step 4: Transfer USDT to Your Trading Account

Your purchased USDT initially lands in your funding account. To trade, move it to your trading account:

  1. Tap Assets > Funding Account
  2. Click Transfer
  3. Select From: Funding Account → To: Trading Account
  4. Choose USDT, enter amount (or select “Max”), and confirm

Now you’re ready to trade!

Step 5: Buy Cryptocurrencies Like Dogecoin

Let’s say you want to buy Dogecoin (DOGE):

  1. On the home screen, go to Markets > Popular Coins
  2. Find DOGE/USDT and tap it
  3. Tap the white Trade button at the bottom

  4. Choose order type:

    • Market Order: Instant execution at current price
    • Limit Order: Set your desired price; waits for market match

For beginners, start with a market order:

Your order executes instantly. View completed trades under Order History (bottom-right icon).

Selling is just as simple:

Done! You’ve successfully traded your first cryptocurrency.

Step 6: Cash Out USDT to RMB

Ready to withdraw profits? Follow these steps:

  1. Transfer USDT from Trading Account → Funding Account
  2. Return to [C2C Buy] page
  3. Switch tab to Sell
  4. Select USDT, enter amount

  5. Choose buyers with:

    • Long-standing accounts
    • High ratings and volumes
    • Verified merchant status

Avoid suspiciously high offers — they often involve illicit funds.

Proceed only after confirming buyer credibility.

How to Reduce Risks When Trading Crypto

While C2C trading is convenient, risks like frozen bank cards exist due to anti-money laundering (AML) policies.

Risk Mitigation Tips:

Frequently Asked Questions (FAQ)

Q1: Is OKX safe for beginners?

Yes. OKX uses advanced encryption, two-factor authentication (2FA), and cold storage for over 95% of user funds. Its transparent reserve system adds further trust.

Q2: Can I use RMB to buy crypto on OKX?

Absolutely. Through C2C trading, you can deposit and withdraw RMB using Alipay, WeChat Pay, or bank transfer — no foreign currency needed.

Q3: Why do I need to verify my identity?

KYC (Know Your Customer) is mandatory on regulated exchanges to prevent fraud and illegal activity. It protects both users and the platform.

Q4: What is USDT and why buy it first?

USDT is a stablecoin tied to the U.S. dollar. Most crypto trades happen against USDT because it avoids volatility while enabling fast conversions.

Q5: How long does withdrawal take?

C2C transactions depend on buyer/seller response times but usually complete within minutes. Always communicate through OKX’s secure chat.

Q6: Can I lose money trading crypto?

Yes — prices fluctuate rapidly. Start small, use stop-loss orders, and never invest more than you can afford to lose.

👉 Secure your future with smart crypto moves — start now.

By following this guide, you’ve taken the first confident steps into the world of digital assets. With OKX’s powerful tools and user-centric design, managing your crypto journey becomes not only possible but enjoyable. Stay informed, stay secure, and keep learning — the blockchain revolution is just beginning.