In this guide, we'll explore how to purchase USDT in Germany and which cryptocurrency exchange offers spot trading, wealth management products, and contract trading for German users.
Cryptocurrency Exchange Options for German Users
Binance Policies for German Customers
- Allowed: Spot trading
- Restricted: Contract trading (completely prohibited)
- Wealth Management: Available except for dual-currency investments
Why Choose OKX Exchange?
As the world's second-largest exchange, OKX provides German users with:
- Spot and contract trading
- Diverse wealth management products
- EUR deposits/withdrawals
Below is a step-by-step tutorial for German users on OKX registration, EUR funding, spot trading, and withdrawals.
1. Registering on OKX
👉 Sign up for OKX here to enjoy a 20% trading fee discount.
Alternatively, use invitation code: 41322075 during registration.
Registration Steps:
- Use your email (Outlook/Gmail recommended)
- Complete identity verification (KYC)
- Start trading after approval
2. Depositing EUR to Buy USDT
C2C Trading Method
- Navigate to "Buy Crypto" > "C2C Trading"
Select:
- Coin: USDT
- Fiat: EUR
- Payment method (SEPA, PayPal, etc.)
- Choose a reputable seller (high completion rate & positive feedback)
- Transfer EUR → Confirm payment → Receive USDT
Post-Purchase:
- Check USDT balance under "Assets" > "Funding Account"
3. Trading USDT for Bitcoin (BTC)
Step-by-Step Spot Trading
- Transfer USDT: Move funds from "Funding" to "Trading" account
- Select "Trade" > "Spot"
- Search "BTC/USDT" trading pair
Choose order type:
- Limit Order: Set target price (e.g., €66,000)
- Market Order: Instant execution at current price
- Confirm purchase → BTC appears in "Trading Account"
4. Withdrawing EUR from OKX
Converting Crypto to EUR
Sell BTC for USDT:
- Select "BTC/USDT" pair → "Market Sell"
- Transfer USDT back to "Funding Account"
- Navigate to "C2C Trading" → "Sell USDT"
- Choose EUR buyer → Confirm receipt of funds → Release USDT
Safety Tip: Verify EUR deposits in your bank account before releasing crypto.
FAQ Section
Q1: Is OKX legal in Germany?
A: Yes, OKX complies with EU regulations and serves German customers legally.
Q2: What’s the minimum deposit amount?
A: Varies by payment method; typically €10 via SEPA.
Q3: How long do withdrawals take?
A: EUR withdrawals usually process within 1-3 business days.
Q4: Are contract trades available for Germans?
A: Yes, unlike Binance, OKX permits contract trading in Germany.
Q5: What fees apply?
A: 0.1% spot trading fee (discounted to 0.08% with referral code).
Key Takeaways
- OKX offers EUR-compatible services missing on Binance
- Zero fees for deposits/withdrawals via SEPA
- Referral codes reduce trading costs by 20%