OKX's Instant Exchange feature is designed to provide users with a fast and convenient way to swap between popular cryptocurrencies like BTC, ETH, USDT, and OKB. This service allows immediate conversions without the traditional order book matching process.
How Instant Exchange Works
Unlike standard trading methods, Instant Exchange uses a counter-quoting model with no trading fees or slippage. Here's the process:
- The system checks current market rates
- Provides a competitive quote
- Users accept the rate for instant execution
👉 Start trading with Instant Exchange today
Step-by-Step Guide
Web Platform Instructions
- Navigate to "Trade" > "Instant Exchange"
- Choose between cryptocurrency or stablecoin exchange modes
- Select your desired currency pair
- Enter the amount you wish to exchange
- Confirm transaction details
- Complete the exchange
Mobile App Instructions
The mobile process mirrors the web platform:
- Access through the "Trade" section
- Select "Instant Exchange"
- Follow the same steps as web version
Key Features
- No trading fees
- Immediate execution
- Wide selection of supported cryptocurrencies
- Simple interface for quick conversions
Important Notes
- Exchanged assets automatically transfer to your funding account
- Market fluctuations may cause price differences from spot rates
- Using margin assets for exchange requires caution
- Customer support available for any issues
👉 Experience seamless crypto swaps now
FAQ
Q: Is there a minimum exchange amount?
A: No set minimum, but very small amounts may not be cost-effective.
Q: How long do exchanges take?
A: Transactions complete instantly upon confirmation.
Q: Which currencies support Instant Exchange?
A: Most major cryptocurrencies including BTC, ETH, USDT and OKB.
Q: Are there geographic restrictions?
A: Available in most regions where OKX operates.
Q: Can I cancel an Instant Exchange?
A: No, transactions execute immediately upon confirmation.
Q: Where can I view my exchange history?
A: In the "Order Center" under account management.