1. Core Selection Criteria for Cryptocurrency Trading Platforms#
Cryptocurrency trading platforms are the bridge connecting fiat currency and digital assets. Domestic users should focus on the following factors:
Compliance qualifications: Hold international financial licenses (such as Malta, UAE, etc.) and pass ISO 27001 information security management certification.
Security guarantees: Cold wallet storage for user assets, multi-signature mechanisms, and real-time risk control systems to intercept attacks.
Comprehensive functions: Support spot, contract, and leveraged trading, integrating fiat currency exchange, asset management, and other tools.
Taking OKX as an example, its daily trading volume exceeds $50 billion, covering over 1,200 cryptocurrencies, making it an ideal platform for newcomers to enter the crypto space.
2. Access and Registration Process for Domestic Users#
1. Official Website Access Method#
OKX Official Entrance: Access using Chrome/Safari browser.
Network exception handling:
If the page fails to load, switch to mobile data or change DNS to 8.8.8.8 (Google DNS).
2. Registration and Real-name Authentication#
Fill in information: Click the "Register" button, choose email or phone number.
Set password: More than 12 characters, including uppercase and lowercase letters + numbers + symbols (e.g., Okx@2024#).
KYC authentication: Upload front and back sides of ID card and a photo holding the document, complete facial recognition (review takes 1-2 hours).
3. OKX App Download and Installation Guide#
| Device Type | Operation Steps |
|---|---|
| Android | Click "Download App" on the official website → Disable "Install from Unknown Sources" permission → Enable necessary permissions after installation. |
| iOS | Switch to a non-mainland Apple ID (e.g., US/ Hong Kong) → Search "OKX" in the App Store to download. |
4. Full Process Analysis of Cryptocurrency Buying and Selling#
1. Fiat Currency Exchange for USDT#
Log in to the App → Enter the "Quick Buy" page → Choose Alipay/Bank Card payment.
Exchange USDT at real-time exchange rates (price difference of about 0.3%-0.7%), funds will be credited automatically.
2. Purchase Mainstream Cryptocurrencies (Taking BTC as an Example)#
Spot trading:
Search for the "BTC/USDT" trading pair → Enter the purchase amount → Use "Limit Order" to set the desired price.
After the order is executed, BTC will be deposited into the "Funds Account," allowing for selling or withdrawal at any time.
3. Selling Cryptocurrency#
Enter the "Funds Account" → Select the cryptocurrency held → Click "Sell" → Enter the amount and price to complete the transaction.
5. Security Settings and Risk Management#
1. Essential Account Security Options#
Two-factor authentication (2FA): Bind Google Authenticator to intercept phishing attacks.
Withdrawal whitelist: Pre-set commonly used addresses in the security center to limit the range of asset transfers.
2. Fund Security Strategies#
Cold storage recommendation: Store 70% of assets in hardware wallets (e.g., Ledger/Trezor) to isolate network risks.
Diversified investment: Allocate mainstream coins (BTC/ETH) + stablecoins (USDT) + potential new coins to reduce the volatility risk of a single asset.
6. Precautions for Newcomers Entering the Crypto Space#
Information verification: Use tools like CoinMarketCap and Non-small Number to check project background and market capitalization data.
Policy risk: China prohibits the operation of cryptocurrency exchanges; individuals must bear their own risks in trading.
Learning resources: Utilize the "Academy" section of OKX to learn blockchain technology, trading strategies, and other free courses.
7. Frequently Asked Questions (FAQ)#
Q1: Is it legal for domestic users to use OKX?
→ OKX holds international compliance licenses, but users must bear local legal risks and are advised to operate only with their own funds.
Q2: What is the withdrawal time and fee?
→ Bitcoin network usually takes 10-30 minutes, with a fee of $1-5; Ethereum ERC20 tokens take about 5-15 minutes, with a fee of $2-10.
Conclusion#
By registering and downloading OKX through https://ouyijoin.com, domestic users can legally start cryptocurrency trading. The platform provides a safe and efficient investment environment for newcomers with its strict risk control system, diversified trading functions, and transparent asset management.