How to buy USDT on Dubai OKX

To buy USDT on OKX, users can deposit funds, find the USDT market, place a buy order, or use alternative methods like the OTC desk or P2P trading.

Oct 22, 2024 at 11:30 am

How to Buy USDT on OKX Exchange

Steps:

1. Create an OKX Account: Visit the OKX website (www.okx.com) and create an account by providing your email address, password, and other required information.
2. Verify Your Identity: Complete the identity verification process by submitting a valid government-issued ID and a selfie.
3. Deposit Funds: Go to the "Assets" page in your OKX account and select "Deposit." Choose your preferred deposit method (e.g., bank transfer, credit/debit card, crypto) and follow the instructions.
4. Find USDT Market: Navigate to the "Trade" page, select the "Spot" tab, and search for the USDT/USD or USDT/BUSD trading pair.

5. Place a Buy Order: Select the "Buy" option and enter the following information:

   • Amount: The number of USDT you want to buy
   • Price: The price you are willing to pay per USDT
   • Order Type: Limit, Market, or Stop-Limit order
6. Confirm and Execute Order: Review the order details and click "Buy USDT." Your order will be executed once the market price matches or exceeds your specified price.

Alternative Method:

1. OTC Desk:

This method involves contacting OKX's over-the-counter (OTC) desk directly. You can negotiate the price and complete the transaction offline.

• Advantages:

  • Larger trade sizes are possible.
  • More personalized service.

• Disadvantages:

  • May require higher minimum order amounts.
  • Can be slower than the spot market.

To use the OTC desk, contact OKX support via live chat or by submitting a ticket.

2. Peer-to-Peer (P2P) Trading:

You can also buy USDT directly from other users on OKX's P2P platform.

• Advantages:

  • Variety of payment options available.
  • More flexibility in choosing the price and counterparty.

• Disadvantages:

  • May take longer to find a matching offer.
  • Potential risks associated with trading with unknown parties.

To use P2P trading, navigate to the "P2P Trading" page on the OKX website or mobile app.