As a global leading cryptocurrency trading platform, OKX provides domestic users with convenient and secure digital asset trading services. This article will detail the entire process from downloading the OKX App to purchasing Bitcoin, helping newcomers quickly understand the basics of the cryptocurrency world.
- Download and Install the OKX Official App
- Choose a secure download channel
To ensure the safety of funds, the OKX App must be downloaded through the official website or official app store. Users can directly visit the official OKX link https://ouyijoin.com (manual input is required to avoid phishing risks) and click the "Register" button to obtain the installation package.
Steps to download on Android devices:
After visiting the official website, select "Download for Android";
Allow the device to install apps from unknown sources;
After installation, open the App and grant necessary permissions.
Safety tips:
Avoid clicking on third-party links or scanning unofficial QR codes;
Check that the digital signature matches the official website during installation.
2. Registration and Real-name Authentication Process
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Quickly complete account registration
After opening the App, click "Register" and choose to register with a phone number or email;
Enter the verification code and set a strong password that includes letters, numbers, and symbols;
Select "China" as the residence and check the service agreement to complete registration.
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Real-name authentication (KYC)
According to Chinese regulations, users must complete real-name authentication to increase trading limits:
After logging in, go to "Account Settings" - "Identity Authentication";
Upload photos of the front and back of the ID card and a selfie holding the document;
Wait for system review (usually 30 minutes to 24 hours).
Purpose of authentication:
Daily withdrawal limit increases from 1 BTC to 100 BTC;
Unlock advanced features such as contract trading and lending.
3. Complete Steps to Purchase Bitcoin
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Fiat Currency Recharge (RMB Deposit)
Go to "Assets" - "Fiat Account", select "Alipay/WeChat/Bank Card" as the payment method;
Enter the recharge amount and match with quality merchants;
Complete the transfer according to the order information, and after confirmation, the system will automatically issue USDT.
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Purchase Bitcoin
Method 1: Instant Exchange Function (Recommended for Beginners)
Click "Instant Exchange", select "USDT to BTC";
Enter the purchase amount, confirm the exchange rate, and complete the exchange.
Method 2: Spot Trading
Go to "Trading" - "BTC/USDT" trading pair;
Enter the buy price and quantity, choose "Market Order" or "Limit Order";
After the transaction, BTC will be deposited into the funding account.
Fee Explanation:
Spot trading fee: 0.08% for maker orders, 0.1% for taker orders;
The higher the VIP level, the lower the fee rate.
4. Bitcoin Storage Security Guide
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Exchange Storage vs. Personal Wallet
Short-term trading: Bitcoin can be temporarily stored in the OKX account, where the platform isolates 98% of assets in cold wallets.
Long-term holding: It is recommended to transfer to a hardware wallet (such as Ledger, Trezor) to completely isolate from network attacks. -
Core Principles of Private Key Management
Private keys and mnemonic phrases must be backed up offline, and screenshots or online transmission are prohibited;
Use metal mnemonic boards that are fireproof and corrosion-resistant, and store them in secure locations. -
Essential Knowledge System for Cryptocurrency Newbies
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Basic Concepts
Blockchain: Decentralized ledger technology that ensures transactions are immutable;
Mainstream cryptocurrencies: BTC (store of value), ETH (smart contract platform), USDT (stablecoin pegged to the US dollar). -
Risk Control Strategies
Do not invest more than 5% of total assets for the first investment;
Use "Stop Loss Orders" to automatically close positions, avoiding daily losses exceeding 10%. -
Learning Resources
OKX Academy: Offers free courses on blockchain technology and candlestick analysis;
CoinMarketCap: Real-time query of market capitalization, circulation, and other key data. -
Compliance Considerations in China
According to the People's Bank of China and other seven ministries' "Announcement on Preventing Risks of Token Issuance Financing":
Holding and trading Bitcoin is legal for individuals, but risks must be borne by themselves;
Financial institutions are prohibited from conducting token exchange businesses, and C2C trading is the only compliant deposit channel.
Summary
Purchasing Bitcoin through OKX requires only four steps: registration and authentication → fiat purchase of USDT → exchange for BTC. Newcomers should focus on mastering asset security storage methods and gradually learn technical analysis and market dynamics. Visit https://ouyijoin.com now to download OKX and start your cryptocurrency investment journey.