OKX Tutorial for Beginners: How to Trade Crypto on OKX

Introduction

OKX is a leading cryptocurrency exchange offering spot trading, derivatives, staking, and earning products. This step-by-step guide covers everything beginners need to know—from account setup to advanced trading strategies.

Getting Started with OKX

1. Sign Up Process

• Visit the OKX website and click "Sign Up."
• Provide your email/phone number and set a secure password.
• Verify your account via the confirmation link or SMS code.

2. KYC Verification

OKX requires Identity Verification (KYC) to unlock full features:

1. Submit a government-issued ID (passport, driver’s license).
2. Complete facial recognition.
3. Wait for approval (typically under 24 hours).

👉 Start trading on OKX today

Funding Your OKX Account

3. Buying Crypto with Fiat

• Credit/Debit Card: Instant purchases with USD, EUR, or GBP (fees: 1–3%).
• P2P Trading: Buy USDT directly from sellers at competitive rates.

4. Depositing Crypto

1. Navigate to "Assets" → "Deposit."
2. Select the cryptocurrency and network (e.g., ETH-ERC20).
3. Send funds from your external wallet.

Trading on OKX

5. Spot Trading Tutorial

• Market Order: Buy/sell instantly at current prices.
• Limit Order: Set custom prices for better control.
• Stop-Loss & Trailing Stop: Automate risk management.

| Order Type | Best For | Fee Structure |
|------------|----------|--------------|
| Market | Speed | Taker fee (0.1%) |
| Limit | Precision | Maker fee (0.08%) |

6. Advanced Tools

• TWAP Orders: Split large trades to minimize market impact.
• Charts: Analyze trends with candlestick patterns and indicators.

OKX Fees & Savings

• Trading fees start at 0.08% for makers and 0.1% for takers.
• Reduce fees by holding OKB tokens or increasing 30-day trading volume.

Earning with OKX

7. Staking & Earn Products

• Staking: Lock assets for fixed-term rewards (APY up to 15%).
• Flexible Savings: Earn interest with no lock-up period.

👉 Explore OKX Earn programs

FAQ Section

Q1: Is OKX safe for beginners?

A: Yes, OKX uses 2FA, cold storage, and proof-of-reserves audits.

Q2: How do I withdraw funds?

A: Go to "Assets" → "Withdraw," select the currency, and enter your external wallet address.

Q3: What’s the minimum deposit?

A: Varies by cryptocurrency (e.g., 0.0005 BTC for Bitcoin).

Key Takeaways

1. Complete KYC to access all features.
2. Use limit orders to save on fees.
3. Diversify with staking for passive income.

Ready to trade? Sign up for OKX now.