The world of cryptocurrency trading continues to evolve, and peer-to-peer (P2P) platforms are becoming essential for seamless, secure, and decentralized transactions. As one of the leading digital asset exchanges, OKX has officially opened its global recruitment program for OTC (over-the-counter) merchants. Whether you're an experienced trader or a growing participant in the crypto space, this is a prime opportunity to become part of a trusted, high-traffic P2P ecosystem.
This article outlines the full details of the OKX OTC merchant program, including eligibility requirements, application processes, benefits, and performance expectations — all designed to help potential applicants make informed decisions.
What Is the OKX OTC Merchant Program?
The OKX OTC merchant program allows individuals and organizations to act as liquidity providers on the platform’s P2P marketplace. Merchants facilitate direct trades between buyers and sellers using fiat currencies such as CNY, USD, EUR, and more. By joining this network, participants contribute to market stability, enhance trading volume, and earn transaction-based profits.
There are two main tiers within the program:
- Certified Merchants
- Institutional (Wholesale) Merchants
Each tier comes with specific requirements and exclusive benefits tailored to different levels of trading capacity and experience.
👉 Discover how becoming an OKX OTC merchant can boost your crypto trading potential today.
How to Become a Certified Merchant
Certified merchants form the backbone of the OKX P2P marketplace. They ensure consistent trade availability and help maintain user trust through reliable performance.
Application Process
To apply, visit the official application portal:
👉 Apply now to become a verified OKX OTC merchant and start growing your trading business.
No referral codes or third-party approvals are required at this level.
Eligibility Requirements
To qualify as a certified merchant, applicants must meet the following criteria:
- Complete KYC Level 3 video verification
- Maintain an order completion rate of at least 90%
- Have completed a minimum of 10 successful orders on the platform
Deposit a security bond in their fiat account: either
- 2,000 OKB, or
- 10,000 USDT
This bond ensures accountability and helps maintain platform integrity by discouraging fraudulent behavior.
How to Become an Institutional (Wholesale) Merchant
For high-volume traders and professional market makers, OKX offers an upgraded tier: the Institutional Merchant program. This path is designed for those who already have proven track records in P2P trading — either on OKX or other major exchanges.
Application Process
Applicants must contact OKX staff directly for review via WeChat: OKEx-OTC
(Note: Only use official channels to avoid scams.)
Eligibility Requirements
To qualify as an institutional merchant, candidates must satisfy stricter conditions:
- Complete KYC Level 3 video verification
- Maintain an order completion rate above 90%
- Have completed at least 10 verified trades
- Provide proof of current certified merchant status (screenshot from OKX or another exchange)
Deposit a higher security bond:
- 10,000 OKB, or
- 50,000 USDT
- Demonstrate personal working capital equivalent to over 1 million RMB (~$140,000 USD)
These enhanced requirements ensure that only serious, financially capable traders join the wholesale network.
Probation Period for New Merchants
All newly accepted merchants — whether certified or institutional — enter a 30-day probation period. During this time, they are evaluated based on performance metrics to ensure they meet platform standards.
Probation Evaluation Criteria
- Complete at least 200 orders during the month
- Receive no serious user complaints
- Avoid repeated failures to cooperate with customer support when disputes arise — specifically, three or more unresponsive cases after platform intervention
Failure to meet these benchmarks may result in removal from the merchant program. This system protects users while promoting accountability among service providers.
Benefits of Being an OKX OTC Merchant
Joining the OKX OTC network isn’t just about facilitating trades — it’s about gaining access to tools and advantages that empower long-term success.
Key Merchant Advantages
- 🔹 Increased Visibility & Traffic Allocation: Merchants receive prioritized exposure across marketing channels and platform placements.
- 🔹 Priority Order Placement: Your buy/sell ads appear higher in search results, increasing fill rates.
- 🔹 Dedicated One-on-One Support: Get fast assistance from a dedicated customer service representative.
- 🔹 Verified Badge (V-Verified): Display a trusted verification mark that builds confidence with trading partners.
- 🔹 Flexible Advertising Controls: Customize trade terms, pricing spreads, payment methods, and counterparty filters.
- 🔹 Advanced Trading Tools: Access features like auto-reply, bulk ad management, and risk settings.
- 🔹 Pathway to Institutional Status: Certified merchants can upgrade to wholesale level for even greater privileges.
These benefits create a competitive edge in a crowded marketplace where trust and efficiency matter most.
Frequently Asked Questions (FAQ)
Q: Can I apply if I’m not from China?
Yes. The OKX OTC merchant program is open globally. As long as you meet the KYC and volume requirements and can legally engage in cryptocurrency trading in your jurisdiction, you're eligible to apply.
Q: Is there a fee to become a merchant?
No. There is no direct application fee. However, you must lock up the required amount of OKB or USDT as collateral. These funds remain yours but are held as a security deposit during your time as a merchant.
Q: How do I increase my order completion rate?
Ensure timely responses to trade requests, confirm payments quickly, and communicate clearly with buyers/sellers. Avoid canceling accepted orders unless absolutely necessary.
Q: What happens if I fail the probation period?
If you don’t meet the required standards during the 30-day evaluation phase, your merchant status will be revoked. You may reapply after improving your trading performance.
Q: Can I run multiple merchant accounts?
No. Each individual or entity is allowed only one merchant account. Operating multiple accounts violates platform rules and may lead to permanent suspension.
Q: Are there any restrictions on payment methods?
You can set your preferred payment methods (e.g., bank transfer, Alipay, PayPal, etc.), but must comply with local financial regulations. Note: Availability depends on region and compliance policies.
Final Thoughts: Why Now Is the Time to Join
With increasing demand for decentralized fiat-to-crypto gateways, P2P trading has never been more relevant. As regulatory landscapes shift and traditional banking channels face limitations, platforms like OKX provide resilient alternatives powered by trusted merchants.
By becoming an OKX OTC merchant, you’re not just earning from spreads — you're building reputation, accessing premium tools, and positioning yourself at the heart of the global crypto economy.
Whether you're aiming to scale from certified to institutional status or simply want greater control over your trading experience, the infrastructure and support are in place to help you succeed.
👉 Take the next step — join thousands of active traders and apply to become an OKX OTC merchant now.
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