How to Register on OKX, Buy Crypto & Withdraw Funds (Beginner’s Guide 2025)

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Cryptocurrency has become increasingly accessible, especially for users in mainland China looking to buy digital assets like Bitcoin and USDT using local payment methods such as WeChat Pay and Alipay. One of the most trusted platforms facilitating this is OKX, a global digital asset exchange known for its security, ease of use, and support for C2C (peer-to-peer) trading in Chinese yuan (CNY).

This comprehensive guide walks you through everything a beginner needs to know: from OKX registration and app download, to buying crypto with RMB, completing identity verification, earning interest, trading spot markets, and safely withdrawing funds back to your bank account.

Whether you're wondering how to get started with Bitcoin or seeking a reliable way to sell USDT for CNY, this step-by-step tutorial covers all essential aspects—securely and legally.

Where Are Cryptocurrencies Stored?

Before diving into transactions, it's important to understand where your crypto actually lives. Unlike traditional money held in banks, cryptocurrencies are stored in digital wallets, which can be part of an exchange platform (like OKX) or external software/hardware devices.

When you buy crypto on OKX, it’s automatically stored in your exchange wallet, which is convenient for trading but should be used carefully. For larger holdings, consider transferring assets to a private wallet for enhanced security.

👉 Discover how to securely manage your first digital assets today.

How to Buy Cryptocurrency Using RMB

Buying crypto with Chinese yuan is straightforward on OKX thanks to its robust C2C (peer-to-peer) marketplace. This system connects buyers directly with sellers who accept local payment methods like WeChat Pay and Alipay.

Step-by-Step: Buying USDT with WeChat or Alipay

  1. Log in to your OKX account
  2. Navigate to [Trade] > [C2C Trading]
  3. Select "Buy", choose USDT as the cryptocurrency
  4. Enter the CNY amount you want to spend
  5. Review seller offers—look for high completion rates and positive feedback
  6. Choose a payment method (WeChat Pay or Alipay)
  7. Confirm the transaction and send payment to the seller’s provided account
  8. Once confirmed, OKX releases the USDT to your wallet

This entire process typically takes under 10 minutes and operates 24/7.

Understanding Stablecoins: What Is USDT?

Tether (USDT) is a stablecoin—a type of cryptocurrency pegged 1:1 to the U.S. dollar. This means 1 USDT ≈ 1 USD, making it ideal for preserving value during volatile market conditions.

For Chinese investors, USDT serves as a bridge between fiat currency (CNY) and other cryptocurrencies like Bitcoin or Ethereum. You can:

Its stability and wide acceptance make USDT one of the most popular entry points into the crypto space.

Downloading the OKX App

The OKX mobile app (available for iOS and Android) provides full access to trading, earning, and withdrawal features. To download:

Ensure you're downloading from the legitimate source to avoid phishing risks.

👉 Access the official OKX platform securely here.

How to Register on OKX

Creating an account on OKX is quick and free:

  1. Open the OKX website or app
  2. Click “Sign Up”
  3. Enter your email address or phone number
  4. Create a strong password
  5. Complete CAPTCHA verification
  6. Verify your email or SMS code

Your basic account is now active and ready for small-scale trading.

Identity Verification (KYC)

To increase withdrawal limits and access advanced features, complete Know Your Customer (KYC) verification:

  1. Go to Account > Identity Verification
  2. Select your country/region (Mainland China supported)
  3. Upload a clear photo of your ID (e.g., passport or national ID)
  4. Take a live selfie for facial recognition
  5. Wait for approval (usually within minutes)

Once verified, you’ll enjoy higher transaction limits and improved account security.

Using C2C Trading to Buy Crypto

OKX’s C2C marketplace is tailored for users in regions like mainland China where direct bank transfers may be restricted. It supports multiple payment methods including:

You can filter sellers by:

Always communicate through OKX’s secure chat system and never release payment before confirmation.

Exploring Different Account Types on OKX

OKX offers several account types to suit various investment goals:

Beginners should start with spot and earn accounts to build familiarity.

Simple Ways to Earn Crypto on OKX

Beyond trading, you can grow your holdings passively:

These tools help maximize returns without active trading.

Spot Trading: Buying and Selling Cryptocurrencies

Once funded, you can trade over 300+ cryptocurrencies in the spot market:

  1. Go to [Trade] > [Spot]
  2. Search for a pair like BTC/USDT
  3. Choose “Market” or “Limit” order
  4. Confirm transaction

Market orders execute instantly at current prices; limit orders let you set your desired price.

How to Withdraw Funds from OKX

Need to cash out? Follow these steps to withdraw CNY or crypto:

Withdraw USDT via C2C (to RMB)

  1. Go to [C2C] > [Sell]
  2. Select USDT amount
  3. Choose buyer accepting WeChat/Alipay
  4. Confirm receipt of RMB before releasing USDT
  5. Funds arrive in minutes

Withdraw Crypto to External Wallet

  1. Navigate to [Assets] > [Withdraw]
  2. Select coin (e.g., BTC, ETH)
  3. Paste external wallet address
  4. Confirm with two-factor authentication (2FA)

Always double-check addresses to prevent loss.

Is OKX Safe and Legal for Chinese Users?

While China bans financial institutions from handling crypto transactions, individual ownership is not illegal. Platforms like OKX operate internationally and comply with global regulations.

OKX enhances safety through:

Millions of users worldwide trust OKX for secure, fast transactions—even from mainland China.

👉 Learn how top traders protect their investments on OKX.

Frequently Asked Questions (FAQ)

Q: Can I use Alipay or WeChat Pay to buy crypto on OKX?
A: Yes! OKX’s C2C marketplace fully supports both Alipay and WeChat Pay for buying USDT with RMB.

Q: Is KYC required to use OKX?
A: Not for small trades, but completing KYC unlocks higher withdrawal limits and additional features.

Q: How long does a withdrawal take?
A: C2C cash-outs usually complete within 10 minutes. Blockchain withdrawals depend on network congestion but typically take 15–30 minutes.

Q: Can I earn interest on my crypto holdings?
A: Absolutely. Use the “Earn” section to stake or save your assets and generate passive income.

Q: Is the OKX app available in Chinese?
A: Yes, the interface supports Simplified Chinese and is optimized for users in mainland China.

Q: What should I do if a seller doesn’t respond after payment?
A: Contact OKX customer support immediately—they mediate disputes and ensure fair resolution.

Final Thoughts

Getting started with cryptocurrency doesn’t have to be complicated. With OKX, users in China can safely register, buy Bitcoin or USDT using familiar tools like WeChat Pay, earn passive income, and withdraw funds with confidence.

By following this guide, you’ve taken the first smart step toward financial empowerment in the digital age.

Remember: always prioritize security, verify transactions carefully, and stay informed about market trends.

Now that you know how to register on OKX, buy crypto, and withdraw smoothly—why wait?

Start exploring the future of finance today.

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