How do I deposit money into my OKX account?

Registration on a cryptoplatform OKX is not enough for trading, you will need to pass another verification on the site okx.com. When registering, as with any crypto platform, you will need to read and agree to the terms and conditions, if they are appropriate. It is no secret that new users do not pay attention to these rules.

But nowadays you have to read them carefully. Because of the international situation, the agreements and operating procedures cryptocurrencies serious changes are being made. Account registration is possible in the browser version, desktop and mobile applications, and through social networks (Fig. 1).

 

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The registration algorithm in the browser and applications is the same: on the start page of the exchanger you need to click on the registration button, on the next page enter your email or phone number and confirm your agreement with the terms of service. Creating an account on the OKX exchange via the messenger Telegram is a type of registration through authorization.

By clicking on the “Telegram” button on the first page of the exchange, the client enters his phone number in international format, receives a message about the request to the social network account, confirms it and goes to the exchange site, where he continues the standard registration process. The registration button through the Gmail account is also placed on the main page of the platform. The client must enter an email address, a password, then log in to the exchange via Gmail and continue with the standard registration process.

Methods of replenishment

To deposit funds to your OKX crypto-platform account, you need to open the “Assets” section at the top of the exchange’s website. If your account works in demo mode, you need to click “Switch to real money”, the page “Trading account” will open, with two buttons “Deposit” and “Buy” in the center. Refill button activates the service of entering cryptocurrency, you can choose a specific coin from the drop-down menu or from a list of the most popular coins. When selecting a cryptocurrency, the service reminds that you need to pay attention to the network through which the transaction is planned. If the network is selected incorrectly, the coins will come out to the address, but will not appear in the account, and will disappear without a trace.

After selecting a coin and network, you need to click “Continue” and go to the page of depositing crypto. In the “Replenish” line choose trading or primary account from the dropdown menu, in the “Address” line generate the address of coins deposit or you can generate a new address. At the bottom of the crediting service will specify additional conditions, such as the minimum deposit, the number of confirmations, etc.

Express

The main deposit service on the OKX platform opens with the “Buy Cryptocurrency” button, which is located at the top right of the site. On the deposit page, you can choose between “Express” or “P2P trading” methods. Express is a simple way to buy crypto for fiat. The service is placed on the right and has three lines: “You will pay,” “You will receive,” and “Pay with.” Accordingly, in the first line in the drop-down menu you choose the desired fiat currency, in the line “You will receive” token or cryptocurrencyThe payment method should be selected on the bottom line, including bank cards and other payment methods (Fig. 2). Payment Systems.

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Not all methods of money transfer can be available anymore. Crypto exchanges are starting to refuse to accept Russian bank cards. We should keep an eye on the news. In addition, the U.S. authorities have begun to search for methods to limit the circulation of cryptocurrencies in Russia. This is very serious, you need to constantly monitor the news background to have time to withdraw money from the exchange in the worst case, and not in rubles, which is getting cheaper by the minute.

P2P trading

P2P trading is a service of account replenishment by direct purchase of cryptocurrency, that is, users trade between themselves, and the exchange only provides technical opportunities for the exchange. By default, the service is set to “Buy” mode, so you can immediately proceed with the transaction.

On the left side there is a column of sellers, in the center there are limits, i.e. amounts available for purchase, on the right side there is a price of asset, then a payment method is symbolically displayed, and on the far left there is a “Buy” button. The choice of buying cryptocurrency is made at the top of the service, fiat is selected there, and the amount and transaction method, any of the payment systems or banks, are specified (fig. 3).

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Once again, we should remind you to check if the selected transaction method works for your transactions. It is necessary to select an alternative method of purchase in advance, so that you can switch to it if necessary. Already now when making transactions with bank cards OKX recommends not to specify anything in the notes that has to do with cryptocurrencies.

P2P trading is a simple method to make a deposit. Specifics of the method should be clarified in the section “OKEx P2P Desktop Trading Guide”, which you can go to by clicking on the “Guides” button. In this section you can also find out the peculiarities of buying crypto-assets in the applications.