Instructions for creating OKX exchange account

Instructions for creating OKX exchange account

OKX exchange is focused on the Crypto market. To understand more clearly and in detail about the exchange, let's find out right away with Learn Crypto Trading

OKX exchange is a centralized exchange in the Crypto market. The exchange offers a variety of cryptocurrencies such as BTC, DOT, OKX, and USDT, along with small Altcoins that have just been ICOs. The exchange has always been at the top of the most popular cryptocurrency exchanges today. To understand more clearly and in detail about the OKX exchange, let’s find out with Learn Crypto Trading right now.

All the steps to open an account on the OKX exchange on the phone

OKX exchange is a leading CEX exchange providing spot, derivatives, and margin trading services. The exchange allows users to choose from hundreds of trading pairs and helps investors make leveraged trades. Let’s learn the steps to open an account on the OKX exchange on the application right now.

Step 1: Visit the OKX homepage to register an account: https://www.okx.com.

Select the country that matches your ID. Then click on the terms of service box and proceed to register for an OKX account.

Select the country you live in and click on the terms box
Select the country you live in and click on the terms box

Step 2: Investors can choose to register by email or phone number. Don’t forget to enter the partner code “98446966” to receive 24/7 support from the OKX care team.

Fill in the email to register an account, then select “Register”.

Fill in your registration email
Fill in your registration email

Step 3: After completing the registration information. OKX will send a 6-digit verification code to the investor’s email.

Enter your email code
Enter your email code

Step 4: Fill in the investor’s phone number to verify the phone number

Verify your phone number
Verify your phone number

Step 5: Verify phone number, then click “Next”.

Enter your phone code
Enter your phone code

Step 6: Create a strong, secure, and easy-to-remember password for your trading account

Create a password for your trading account
Create a password for your trading account

How do you download the OKX exchange application?

To download the OKX application, investors can access the App Store or the CH Play application. Then search for the application on the software to download to your phone.

Should I use the OKX web version?

Nowadays, most investors will prioritize using both the website version and the mobile app. Each investor will have different needs for each version. Using the website version or the mobile app version can meet the needs of investors.

Should I use OKX web version?
Should I use the OKX web version?

However, with the website version, investors will easily encounter lag and slow connection when accessing. Using the app version on the phone will overcome this situation with the website. When using the OKX exchange application on the phone, the access and processing speed will be more stable than the website version. In addition, investors can still access the application on the phone when moving and operate it exactly as usual. This helps investors optimize time and save more than using the website version.

Many investors worry that using the mobile app will make it more difficult to trade. However, this is not the case with the OKX exchange. OKX has integrated the current proprietary blockchain technology. This innovation promises that investors will trade most conveniently. From managing all on-chain assets to NFT tokens. Features such as bot trading and margin trading are all used and operated quickly on the OKX app.

Steps to download the application OKX exchange

At the beginning of September 2023, the OKX exchange was active in 150 countries. The exchange has more than 700 cryptocurrency trading pairs. OKX exchange has implemented anti-terrorist financing and anti-money laundering measures. At the same time, it complies with global regulatory standards. 

This is also the reason why OKX is always trusted and used by investors for its reputation and transparency. Investors can completely use transactions on the OKX exchange both with the website platform and the phone application. Below are the steps for investors to download the OKX application to their phones.

Step 1: Investors access the App Store or CH Play application on their phones.

Access the App store or CH Play application on your phone
Access the App Store or CH Play application on your phone

Step 2: On the search toolbar, enter the application name “OKX”. Then investors should download it to their phones. 

Select "Search" on the application and search for OKX
Select “Search” on the application and search for OKX

For new traders: Revealing how to receive attractive bonuses from OKX

Currently, the OKX exchange offers many different cryptocurrency trading pairs. It allows users to perform many different transactions depending on the investor’s needs. The exchange offers many different order types. This gives users the flexibility to execute different trades according to each investor’s strategy. 

OKX is committed to providing users with information and tools for effective trading. OKX exchange provides investors new to the market with a demo account. In addition, OKX has also introduced copy trading. This is an innovative learning tool that allows users to imitate the strategies of experienced traders. 

How to receive attractive bonuses from OKX exchange
How to receive attractive bonuses from the OKX exchange

What is OKX’s bonus? For whom and what Conditions of receipt?

OKX bonus is a bonus for new investors participating in trading for the first time on the OKX exchange. For investors who qualify to participate, the OKX bonus is a source of capital that investors can use when trading. The system prioritizes using bonuses before using capital. Although the investor cannot withdraw the trading bonus, it is possible to withdraw the profit earned from the trading bonus. 

The condition to receive the bonus is that the bonus must be opened within 30 days of opening the account. Investors receive bonuses through the OKX app. Note that The investor’s additional amount will not meet the conditions to participate in the OKX bonus. Or if fraudulent activity is detected, such as registration or purchase fraud. Or if the identity verification information is fraudulent, OKX exchange will carefully review and monitor the situation, and has the right to remove that investor from the bonus. 

Instructions for verifying your OKX exchange account before registering for the bonus

After opening an account, investors need to verify their identity to use OKX’s products and services. Identity verification is to ensure safety for investors when participating in using the service. This also helps OKX manage data and prevent hackers from entering to stealing investors’ information. Below are the steps to verify identity on the exchange that every investor needs to understand.

Step 1: After registering an account, investors choose “Verify now” to verify their identity.

Select “Verify Now” to verify your identity.
Select “Verify Now” to verify your identity.

Step 2: Here, investors choose “Personal verification” to proceed with account setup.

Select personal verification
Select personal verification

Step 3: Next, the investor selects the country and type of document that the investor wants to use. Select “next” to confirm the place of residence.

Confirm country matches identity document
Confirm country matches identity document

Step 4: Start identity verification, select “Verify” to start the identity verification process.

Verify identity
Verify identity

Step 5: Select the type of identification you want to provide, then click “CCCD”.

Select ID
Select ID

Step 6: The exchange will guide you to take a verification photo to limit the need to verify multiple times.

Take a photo of your ID according to the exchange's instructions
Take a photo of your ID according to the exchange’s instructions

Step 7: Take a portrait photo to verify your account

Portrait photography
Portrait photography

Step 8: After taking a photo and send the information to the exchange. It will take about 2 minutes for OKX to verify the information again.

Wait for OKX exchange to verify and evaluate
Wait for the OKX exchange to verify and evaluate

Step 9: Complete the verification process

Verified successfully
Verified successfully

What should you keep in mind when trading with the OKX exchange?

With any trading platform, before starting to deposit money to trade, investors need to research carefully. In OKX, you can buy almost 100 cryptocurrencies with fiat money. OKX exchange provides a solution that makes cryptocurrency accessible to ordinary users. 

Benefits of opening the OKX Wallet 

OKX Wallet is a multi-chain wallet on a decentralized platform. It allows investors to access and explore the entire Web3 world. The wallet supports over 1000 DApp protocols and functions. Investors can mine, trade NFTs, and search for DApps. OKX Web3 Wallet provides easy access to many other networks. From there, investors own the wallet and can experience all the features of OKX Web3. 

Benefits of opening OKX Wallet on OKX exchange
Benefits of opening the OKX Wallet on the OKX exchange

Creating a wallet gives investors access to a multi-chain seed pool that controls over 50 exchange networks. OKX Wallet was created to further solve this problem with various solutions. Investors do not need to worry about toxic links at all. Because this project has been recognized and licensed for all investors to use on exchanges.

Check the features and adjust the OKX interface settings accordingly

In the “User Center” in the OKX app, investors can customize the usage features to suit themselves. 

Instructions for setting up safety and security for the OKX account

To set up security for investors, investors can choose to set up 2FA authentication. Below are the steps to guide investors to set up 2FA for their accounts on the application.

Step 1: Access “User Center” on the OKX application.

Access the “User Center” on the OKX app
Access the “User Center” on the OKX app

Step 2: Select “Profile and settings”. Select “Security Center” in the “Security” category

Select “Security Center” under the “Security” category
Select “Security Center” under the “Security” category

Step 3: Investors proceed to enable 2FA authentication on OKX’s application.

Investors proceed to enable 2FA authentication
Investors proceed to enable 2FA authentication

Step 4: Link to the investor’s authentication application. Then there will be a security verification code for the investor to verify via phone number.

Link to investor authentication app
Link to an investor authentication app

How to add/remove payment methods on OKX

Step 1: Investors access the OKX app software. Then select “Assets” located on the right-hand side of the application. Then access “Deposit Crypto”

Select the "Assets" section on the OKX application
Select the “Assets” section on the OKX application

Step 2: There are 3 methods for investors to deposit money. Investors should choose “P2P Trading.”

Investors should choose “P2P Trading”
Investors should choose “P2P Trading”

Step 3: At the home page of the P2P transaction, the investor selects “Profile” and “Payment”

At the P2P transaction home page, investors select "Profile" and select "Payment"
At the P2P transaction home page, investors select “Profile” and select “Payment”

Step 4: Here, investors can add and delete any payment method depending on the investor’s needs.

Investors can add and remove any payment method
Investors can add and remove any payment method

How to set up the OKX trading bot?

Step 1: Access the home page of the OKX exchange. Under the toolbar, investors select “Trading.”

Select “Trade” on the OKX exchange application
Select “Trade” on the OKX exchange application

Step 2: After moving to the transaction section. Select the “Trading Bot” section

Please select “Trading Bot”
Please select “Trading Bot.”

Step 3: Investors select “Signal Bot” on the home page

Investors choose “Signal Bot” on the homepage
Investors choose “Signal Bot” on the homepage

Step 4: After setting up the trading bot. Investors can start with signals in the market. Investors can choose from a variety of trading pairs to trade with bots on OKX exchange.

Choose from a variety of trading pairs to trade with bots on OKX exchange.
Choose from a variety of trading pairs to trade with bots on the OKX exchange.

Instructions for deposit and withdrawal operations on the OKX electronic trading platform

Instructions for investors on depositing money on the OKX exchange

Step 1: In the “Asset Management” category, investors select “Deposit”

In the "Asset Management" category, investors select "Deposit"
In the “Asset Management” category, investors select “Deposit”

Step 2: Investors choose the cryptocurrency they want to deposit.

Investors choose the type of cryptocurrency they want to deposit.
Investors choose the type of cryptocurrency they want to deposit.

Step 3: Investors choose the type of deposit network. Investors should note that the deposit and withdrawal networks must be the same

Investors choose the type of deposit network.
Investors choose the type of deposit network.

Step 4: Complete the deposit steps and confirm.

Complete the deposit and confirmation steps
Complete the deposit and confirmation steps

Instructions for investors to withdraw money from the OKX exchange

Step 1: Go to the OKX application homepage. Go to the application’s “User Center” located in the upper left corner.

Access the application's "User Center".
Access the application’s “User Center”.

Step 2: In the “Asset Management” category, investors select “Withdraw” and select the cryptocurrency the investor wants to withdraw, and enter the withdrawal wallet address.

In the "Asset Management" category, investors select "Withdraw"
In the “Asset Management” category, investors select “Withdraw”

What are the withdrawal conditions on the OKX exchange?

Investors who want to withdraw money from the OKX exchange need to verify KYC for their trading account. Level 1 KYC accounts need to provide full legal name and related documents. The limit for KYC level 1 investors to withdraw money is 2 BTC within 24 hours.

For KYC level 2 and level 3 investors, there is a withdrawal limit of 100 BTC within 24 hours. It is important that investors achieve at least level 1 KYC. Each individual can only set up one account to withdraw money. For investors who do not verify KYC, it means that investors will not be able to withdraw money.

How to make a profit with the OKX exchange?

To earn more profits on the OKX exchange, investors can choose to participate in Airdrop projects and trade cryptocurrency pairs. Or trade futures contracts, bot trading, margin trading,… There are many ways for investors to earn money on the OKX exchange.

Basic trading steps on the OKX exchange

Instructions for basic trading operations with cryptocurrency pairs

Step 1: Access the application homepage of the OKX exchange

Access the application homepage of OKX exchange
Access the application homepage of the OKX exchange

Step 2: In the “Transactions” section, select the “Spot” transaction.

In the "Transaction" section, select the "Spot" transaction.
In the “Transaction” section, select the “Spot” transaction.

Step 3: Investors can choose to place buy or sell orders. And fill in the volume investors want to trade, then select “Buy BTC”

Investors can choose to place buy or sell orders.
Investors can choose to place buy or sell orders.

Instructions for futures trading on the OKX exchange for investors

Step 1: In the “Transaction” section, select the “Futures Contract” transaction

In the “Trade” section, select “Futures” trading
In the “Trade” section, select “Futures” trading

Step 2: Select the order types in the futures contract. Then fill in the quantity that the investor wants to trade.

Select order types in futures contracts.
Select order types in futures contracts.

Step 3: Set the TP and SL levels that the investor wants 

Set the TP and SL levels that the investor wants
Set the TP and SL levels that the investor wants

Register to become a partner of the OKX exchange

The OKX Affiliate Program is designed to benefit both users and the OKX exchange through sharing and promotion. By participating in the OKX Affiliate Program, investors have the opportunity to receive commissions from referral events. This program helps investors have an additional source of income. 

See more: OKX – Open an OKX exchange account on computer

Register to become a partner of OKX exchange
Register to become a partner of the OKX exchange

When you become a partner of OKX exchange, you will receive many special incentives. Investors will receive an additional attractive commission when becoming a partner. This will help investors optimize and increase income from attracting new customers. 

Conclude

Above is the most detailed information about the OKX exchange via the phone application. In general, the OKX exchange fully meets the necessary utilities of a Crypto exchange. OKX provides investors with financial ecosystems and useful trading documents. For more details about the OKX App, don’t forget to follow Learn Crypto Trading every day!

FAQs

Who and when was OKX founded?

OKX exchange was founded in 2017 by Star Xu.

Is OKX a Chinese exchange?

OKX was originally founded in Hong Kong. However, it later moved its headquarters to Seychelles.

Can investors withdraw money from the OKX exchange?

Investors can completely withdraw money from the exchange.

If you do not have a trading account, please register now at the link:

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