How to buy Ethereum (ETH) on OKX? (Global exchange tutorial)

Account Registration and Verification

1. Navigate to the official OKX website and click the 'Sign Up' button located in the top-right corner.

2. Enter a valid email address or phone number, create a strong password, and complete the CAPTCHA verification.

3. Confirm your registration via the verification link sent to your email or the SMS code delivered to your mobile device.

4. Proceed to the 'Identity Verification' section under Account Settings and upload clear photos of your government-issued ID—passport, national ID card, or driver’s license.

5. Submit a real-time selfie holding your ID with your handwritten date and OKX written on paper, as required for Level 2 KYC compliance.

Funding Your OKX Wallet

1. After successful verification, go to the 'Assets' tab and select 'Deposit'.

2. Choose your preferred deposit method: bank transfer, credit/debit card, or cryptocurrency wallet transfer.

3. For fiat deposits, select your local currency (e.g., USD, EUR, GBP), enter the amount, and follow the instructions to complete the wire or card transaction.

4. For crypto deposits, select ETH or another supported coin, copy the provided deposit address, and send funds from your external wallet—ensure network compatibility (e.g., ERC-20 for ETH).

5. Wait for confirmation on-chain; fiat deposits may take minutes to hours depending on banking channels, while crypto deposits typically reflect after 12–30 network confirmations.

Placing an ETH Purchase Order

1. Go to the 'Trade' section and select 'Spot Trading'. Search for the ETH/USDT trading pair and open the order book interface.

2. Choose between 'Market', 'Limit', or 'Stop-Limit' order types based on execution priority and price control preferences.

3. In the 'Buy ETH' panel, enter the quantity you wish to acquire and review the estimated total cost including trading fees.

4. Click 'Buy ETH' to submit the order—market orders execute instantly at the best available ask price, while limit orders wait for matching bids.

5. Confirm the transaction in your browser extension or mobile app if two-factor authentication is enabled; OKX will display an order confirmation ID and status update.

Securing Your Purchased ETH

1. Once the trade completes, ETH appears in your Spot Wallet under the 'Assets' dashboard.

2. To enhance security, transfer ETH to a hardware wallet or a non-custodial address you fully control—avoid keeping large balances on exchange platforms.

3. Enable withdrawal whitelisting in Security Settings to restrict ETH transfers only to pre-approved addresses.

4. Activate Google Authenticator and SMS backup for multi-factor authentication; disable email-based withdrawals if not needed.

5. Regularly audit recent login history and API key permissions to detect unauthorized access attempts.

Frequently Asked Questions

Q: Can I buy ETH directly with PayPal on OKX?OKX does not support PayPal as a direct funding method. Users must use bank transfer, card, or crypto deposits instead.

Q: What is the minimum ETH purchase amount on OKX?The minimum order size for ETH/USDT spot trading is 0.001 ETH, subject to real-time market depth and fee structure.

Q: Are there trading limits after KYC completion?Yes. Level 2 KYC allows up to $100,000 daily withdrawal limit and higher deposit thresholds compared to unverified accounts.

Q: Does OKX charge fees for ETH deposits?Ethereum network gas fees apply when depositing ETH from external wallets. OKX itself does not charge deposit fees for ETH or most major cryptocurrencies.