Tutorial on buying coins at Dubai OKX exchange

To purchase coins on the OKX exchange, create an account, verify your identity, deposit funds, locate the desired coin, place a buy order, and confirm the transaction.

Oct 19, 2024 at 12:53 pm

OKX Coin Purchase Tutorial

OKX is a leading cryptocurrency exchange that offers a wide range of coins for purchase, making it an ideal platform for both new and experienced crypto investors. This detailed tutorial will guide you through the step-by-step process of buying coins on the OKX exchange:

Step 1: Create an OKX Account

• Visit the OKX website at www.okx.com and click on "Sign Up."
• Enter your email address and create a strong password.
• Choose a username and complete the security verification process.

Step 2: Verify Your Identity

• To unlock all the features of the OKX platform, verify your identity by providing your:

  • National ID or passport
  • Proof of address (e.g., utility bill)

Step 3: Deposit Funds

• OKX supports various deposit methods, including:

  • Credit/Debit card
  • Bank transfer
  • Cryptocurrency transfer
• Select your preferred method and follow the instructions to deposit funds into your account.

Step 4: Find the Coin You Want to Purchase

• Navigate to the "Trade" tab and select the "Buy Coins" option.
• Use the search bar or browse through the available coins to find the one you want to purchase.

Step 5: Place a Buy Order

• Select the "Buy" button associated with the desired coin.
• Choose your order type (e.g., Market, Limit) and enter the amount you want to buy.
• Review the order details and click on "Place Order" to submit it.

Step 6: Confirm and Complete the Purchase

• Wait for your order to be filled by the market matching engine.
• Once filled, your purchased coins will be credited to your OKX wallet.

Additional Notes:

• OKX offers a "Recommended" option that fills your order at the best available market rate.
• You can use the "Advanced" option for more customization and control over your order parameters.
• OKX applies maker and taker fees to your trading activities. Check the fee schedule for specific details.