How to Buy and Sell Cryptocurrency: Step-by-Step Guide for Beginners on OKX Mobile App

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Navigating the world of digital assets can feel overwhelming for newcomers. But with the right guidance, buying and selling cryptocurrency using your mobile device is simpler than ever. This comprehensive guide walks you through every step—from registration and identity verification to depositing funds and cashing out—using the OKX mobile app. Whether you're purchasing Bitcoin (BTC), Ethereum (ETH), or stablecoins like USDT with Chinese yuan, this tutorial ensures a smooth and secure experience.

Designed specifically for beginners, this hands-on walkthrough covers everything you need to know about trading crypto on OKX, one of the most trusted platforms globally. By the end, you’ll be confident managing your own trades and financial moves in the decentralized economy.

Step 1: Register and Download the OKX Mobile App

The first step toward owning cryptocurrency is creating an account on a reliable exchange. OKX stands out for its user-friendly interface, strong security protocols, and support for local payment methods—making it ideal for users in mainland China and beyond.

To get started:

  1. Visit the official OKX website via a secure connection.
  2. Tap "Sign Up" and enter your email address or phone number.
  3. Create a strong password and complete the captcha verification.
  4. Confirm your registration via email or SMS.

Once registered, download the OKX app from the official site. While iOS users might face regional restrictions, accessing the global version through a standard Apple ID allows seamless installation. Android users can directly download the APK file from the OKX platform.

👉 Start your crypto journey today with easy access to top-tier trading tools.

After installing the app, log in with your credentials. You'll notice a clean dashboard featuring real-time price charts, trading pairs, and quick-access buttons for deposits, withdrawals, and spot trading.

Step 2: Complete KYC Verification and Set Up Payment Methods

Before conducting transactions, you must complete Know Your Customer (KYC) verification. This process enhances account security and unlocks higher withdrawal limits.

How to Complete KYC on OKX:

  1. Go to Profile > Identity Verification.
  2. Select your country or region (e.g., China).
  3. Upload a clear photo of your government-issued ID (passport or national ID card).
  4. Take a live selfie holding your ID.
  5. Wait for approval—usually processed within minutes.

With KYC completed, proceed to set up your payment methods under the "Fiat & Spot" section:

These options enable seamless RMB deposits and withdrawals, allowing you to convert fiat currency into digital assets and vice versa.

Step 3: Deposit Funds and Buy Cryptocurrency

Now that your account is verified and linked to your preferred payment method, it’s time to make your first purchase.

Buying Crypto with RMB:

  1. Tap "Buy Crypto" on the home screen.
  2. Choose "CNY as payment" and select the cryptocurrency you want—such as BTC, ETH, or USDT.
  3. Enter the amount you wish to spend.
  4. Select your preferred payment method (bank transfer, Alipay, etc.).
  5. Review the exchange rate and fees, then confirm the order.
  6. Complete the payment within the time limit shown.

Once confirmed, the purchased cryptocurrency will appear in your Spot Wallet within seconds. This entire process is fast, secure, and requires no technical knowledge.

💡 Pro Tip: Start small when buying volatile assets like Bitcoin or Ethereum. Stablecoins like USDT offer lower risk for beginners learning the ropes.

Step 4: Sell Cryptocurrency and Withdraw RMB

When you're ready to cash out, selling crypto on OKX is just as straightforward.

How to Sell Crypto for CNY:

  1. Go to "Sell Crypto" under the Fiat & Spot section.
  2. Choose the cryptocurrency you want to sell (e.g., USDT).
  3. Enter the amount and select your receiving method (bank account or e-wallet).
  4. Confirm the transaction details.
  5. Send the specified amount of crypto to the provided wallet address.
  6. Receive RMB in your linked account within minutes.

All transactions are protected by two-factor authentication (2FA) and anti-fraud monitoring systems, ensuring peace of mind during every trade.

Frequently Asked Questions (FAQ)

Q: Is it safe to buy crypto on OKX?

Yes. OKX uses advanced encryption, cold storage for 95% of assets, and regular third-party audits to protect user funds. Additionally, enabling 2FA adds an extra layer of security.

Q: Can I use RMB to buy Bitcoin on OKX?

Absolutely. OKX supports CNY deposits via multiple channels including bank transfers, Alipay, and WeChat Pay (subject to availability), making it easy to convert fiat into BTC, ETH, or other digital currencies.

Q: How long does KYC verification take?

Most verifications are completed within 5–10 minutes. In rare cases where additional documentation is needed, processing may take up to 24 hours.

Q: Are there fees for buying or selling crypto?

Yes, but they’re competitive. OKX charges low trading fees (as low as 0.08% for spot trades), with discounts available for users holding certain tokens or using specific referral programs.

Q: Can I access OKX from mainland China?

While direct access may vary due to internet regulations, many users successfully use the platform via official links and updated app versions without issues.

👉 Discover how simple it is to turn your first digital investment into reality—tap here to begin.

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Final Tips for New Traders

By following this step-by-step approach, even complete beginners can confidently navigate the process of buying and selling cryptocurrency on mobile devices.

👉 Ready to take control of your financial future? Click here to start trading securely today.

Whether you're investing for growth, diversifying your portfolio, or exploring Web3 opportunities, mastering the basics on a trusted platform like OKX is your gateway to the future of finance. With intuitive design, localized support, and robust security features, OKX empowers users worldwide to participate in the digital asset revolution—one trade at a time.