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How to buy and sell cryptocurrency on OKX

2020.08.24 OKEx

A step-by-step guide to purchasing and selling crypto on OKX

Are you new to the world of Bitcoin and blockchain-based digital currencies? Are you ready to make your first purchase or sale on OKEx? Then, look no further — buying and selling cryptocurrencies on the OKEx platform is as straightforward as following a few simple steps, which is why we’ve created an easy-to-follow guide to help you get started.

In this step-by-step guide, we will walk you through the process of buying or selling cryptocurrencies on OKEx via the following options, available in the Buy/Sell section:

  • Quick Trade
  • P2P Trade
  • Block Trade

So, without further ado, let’s get started!

Step 1: Log in to your OKEx account

Before you can start buying or selling cryptocurrency on OKEx, you must first log in to your OKEx account. To do so, click Login in the upper right-hand corner of the OKEx homepage.

If you do not yet have an account, click Sign up and complete the registration process.

Click Login in the upper right-hand corner of the screen

Step 2: Select Buy/Sell

Once you have logged in to your OKEx account, click Buy/Sell in the upper left-hand corner of the screen to get started.

Click Buy/Sell in the upper left-hand corner of the screen

Step 3: Select your Buy/Sell method

The next step is to choose how you would like to buy or sell cryptocurrency. There are three primary options on OKEx:

  1. Quick Trade
  2. P2P Trade
  3. Block Trade

Here is a guide for each.

Quick Trade

The simplest way to buy crypto on OKEx is to utilize the Quick Trade option.

Simply select the cryptocurrency you wish to buy and the fiat currency you wish to spend. Then, input the correct amount of your preferred fiat or cryptocurrency before selecting your preferred payment method.

Once the payment is confirmed, the purchased cryptocurrencies will be automatically transferred to your OKEx account.

Select the amount of fiat you wish to spend or crypto you wish to buy and your preferred payment method

P2P Trade

Click on P2P trade in the submenu to go to the P2P trading section.

Next, click on the currency dropdown menu and select your desired currency.

You can click on Buy or Sell to review the available offers, or select Order Book to review all available buy and sell orders.

Finally, simply confirm your transaction details.

List of advertisers meeting your entered requirements on OKEx P2P trade

For more details, view our complete tutorial on setting up and using OKEx P2P trading.

Block Trade

Click on Block Trade in the submenu to go to the P2P trading section.

The Chinese renminbi is the only fiat currency available for block trade. You can click on Buy to review the available offers for purchase, or select Order Book to review all available buy and sell orders.

Select a Block Trade buy offer

Select a Block Trade sell offer

In our example, we purchase BTC with CNY. 

The block trading page of OKEx only lists the offers with the minimum purchase amount of 100,000 CNY.

Finally, confirm your transaction details and click Buy BTC to proceed. 

Confirm your Block Trade transaction

​​Not an OKX trader? Sign up and claim your new joiner bonus.

Buy and sell cryptocurrencies securely and quickly via the OKX Buy/Sell section.

Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involve significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.



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