How to perform P2P trading in India using OKEx
How to buy and sell cryptocurrency on OKEx
A step-by-step guide to purchasing and selling crypto on OKEx
Buying and selling cryptocurrency on OKEx is as easy as following a few simple steps — so, we've created an easy-to-follow guide to help you get started!
Step 1: Log in to your OKEx account
Before you can start buying or selling cryptocurrency on OKEx, you must first log in to your OKEx account. To do so, click Login in the upper right-hand corner of the OKEx homepage.
If you do not yet have an account, click Sign Up and complete the registration process.
Step 2: Select Buy/Sell
Once you have logged in to your OKEx account, click Buy/Sell in the upper left-hand corner of the screen to get started.
Step 3: Select your Buy/Sell method
The next step is to choose how you would like to buy or sell cryptocurrency. There are three primary options on OKEx:
- Quick Trade
- P2P Trade
- Block Trade
Here is a guide for each.
The simplest way to buy crypto on OKEx is to utilize the Quick Trade option.
Simply select the cryptocurrency you wish to buy and the fiat currency you wish to spend. Then, input the correct amount of your preferred fiat or cryptocurrency before selecting your preferred payment method.
Once the payment is confirmed, the purchased cryptocurrencies will be automatically transferred to your OKEx account.
Click on P2P Trade in the submenu to go to the P2P trading section.
Next, click on the currency dropdown menu and select your desired currency.
You can click on Sell to review the available offers for sale, or select Order Book to review all available buy and sell orders.
Finally, simply confirm your transaction details.
Click on Block Trade in the submenu to go to the P2P trading section.
Next, click on the currency dropdown menu and select your desired currency. The fiat currencies available for block trade are:
- Chinese renminbi (CNY)
- Vietnamese dong (VND)
- Indian rupee (INR)
You can click on Buy to review the available offers for purchase, or select Order Book to review all available buy and sell orders.
In our example, we purchase BTC with CNY.
In the case of CNY, the block trading page of OKEx only lists the offers with the minimum purchase amount of 100,000 CNY. For VND and INR, the minimum purchase amounts are 30 million VND and 30 million INR.
Finally, confirm your transaction details and click Buy BTC to proceed.
Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.