OKX's fiat trading zone allows users to buy cryptocurrencies directly with Chinese Yuan (CNY), serving as an entry point for crypto purchases. This guide will walk you through the entire process using Bitcoin (BTC) as an example.
Step-by-Step OKX Fiat Trading Process
1. Account Registration
👉 Register on OKX by:
- Entering your email address
- Completing the slider CAPTCHA verification
- Inputting the 6-digit email verification code (valid for 10 minutes)
2. Mobile Verification
- Add your mobile number
- Enter the SMS verification code (also valid for 10 minutes)
- Select your country/region
- Agree to terms and policies
3. Password Creation
Create a strong password containing:
- 8-32 characters
- 1 uppercase letter
- 1 lowercase letter
- 1 number
- 1 symbol (!@#$% etc.)
4. Identity Verification (KYC)
Complete three-tier verification:
- LV.1 Basic: Personal information
- LV.2 Advanced: ID document upload
- LV.3 Video: Requires OKX mobile app
Pro Tip: Higher verification levels unlock better trading rates and premium merchants.
5. Purchasing USDT
- Navigate to "Buy Crypto" → "C2C Trading"
- Select USDT/CNY pair
- Choose a merchant matching your payment method
- Click "Buy USDT" and complete payment
- Confirm payment via "I've Paid" button
- Wait for merchant to release USDT
6. Trading BTC/USDT
- Go to "Trade" → "Basic Trading"
- Select BTC/USDT trading pair
- Enter buy/sell quantity (minimum 0.00001 BTC)
- Execute trade
OKX Fiat Trading Rules
Buyer Requirements:
- Complete payments within seller's specified time
- Use ONLY your verified payment accounts
- No transaction remarks (avoid "BTC", "USDT", etc.)
- Payments must show instant settlement
- No false "I've Paid" clicks
Seller Requirements:
- Verify payment accounts beforehand
- Release coins within 10 minutes of payment confirmation
- Refund mismatched payments within 24 hours
- Maintain active communication during orders
Important Notes:
- Orders auto-cancel after 15 minutes of non-payment
- Three unpaid orders may restrict trading privileges
- Disputes are arbitrated within 30 minutes with valid proof
FAQ Section
1. What's the minimum BTC purchase on OKX?
The minimum BTC trade amount is 0.00001 BTC.
2. Can I use credit cards for fiat purchases?
OKX's C2C market only supports P2P transactions with verified payment methods like bank transfers or e-wallets.
3. Why is LV.3 verification needed?
Video verification enhances security and unlocks higher trading limits and better merchant access.
4. What if a seller doesn't release coins?
Use the dispute system with payment proof for arbitration within 30 minutes.
5. Are there transaction fees?
OKX charges no fees for C2C trades – prices are set by individual merchants.
👉 Start trading securely on OKX today with these professional tips for optimal fiat-to-crypto transactions.