What is OKX (OKEx)?
OKX, formerly known as OKEx before the crypto exchange platform changed its name, is a firm that provides a cryptocurrency exchange and this suite of supplementary services. The exchange is based in Seychelles and is available mainly to the global user base but notably restricted to the US. Still, OKX might be a fine choice for cryptocurrency traders worldwide, especially for those seeking to sell and purchase with low trading fees.
Therefore, this article will cover the registration procedure of the exchange for both its website and mobile application, along with the KYC process and some other details.
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How to Sign Up for OKX Website
This section will cover the sign-up process for its website, which is relatively straightforward and entails a few simple steps.
- Click Sign Up
- To sign up for its web-based application, just head over to its official website and click the “Sign Up” option that you will find on the upper right-hand side of the page.
- Use Either Phone or Email
- Here, you can sign up by either using your email address or phone number. This guide will take you through the email option. So, just add your email address to the “Email” field.
- Select Sign Up Again
- Select the “Sign Up” button below when you are ready to register using your email address.
- Enter Verification Code
- You will receive a verification code in your email, so check your inbox for the six-digit code, and you will then have approximately 10 minutes to add that code in the field titled “Enter Code.” Click “Next” once you are done with that.
- Enter Password
- Add the password that you wish to secure your account with within the “Password” field, and then click “Next” once you have done so. However, it is encouraged to keep a strong password here and to do that. You have to utilize a robust blend of letters, numbers, and symbols, with partial use of the upper and lower case.
- Access Dashboard
- Now that you have registered using the exchange’s website, you can access your own OKX account dashboard, which you can use to buy cryptocurrencies, make deposits, and more.
- Start Trading
- Within the navigation bar, hover a bit over the Trading menu and choose the option you might be interested in. However, prior to you starting to trade, you’ll be asked about what trading experience you have.
It should be obvious, but never give your password to anyone claiming to work for this exchange while ensuring that you adhere to the best cryptocurrency security practices.
How to Sign Up for OKX App
This section will cover how you can register for OKX through its mobile application. Like its web counterpart, it can be a rather simple process to undergo.
- Open Play Store
- To sign up using the mobile application, you’ll obviously have to download it from the Play Store first or the App Store if you are using iOS.
- Search “OKX”
- Once you have opened the Play Store, type “OKX” into its search field, and then press search.
- Click Install
- Now that you have found its mobile application click the “Install” button to download the application on your phone.
- Open OKX application
- With this application installed, open it and press the “Sign Up” button, which you will find below.
- Tap “Create an Account”
- Then press the “Create an Account” option to start the registration process on your phone.
- Choose Registration Method
- Next, now that you find yourself on its registration page select your desired registration method: either through an email address or phone number. So, select either “Phone” or “Email” to switch between the phone or email registration pages.
- Begin Trading
- Whether you choose to register using your email address or phone number, you will be sent a verification code, which is used to verify your number or address.
After you add the verification code, you are done with the registration process and can begin trading immediately once you have made your first deposit.
OKX KYC Verification
Website
On the OKX exchange’s website, the KYC process boils down to two main levels, which are,
- Level 1
- Level 2
Level 1 is referred to as the basic verification procedure, whereas Level 2 is advanced.
Mobile App
On its mobile application, on the other hand, the KYC process consists of three levels.
- Level 1
- Level 2
- Level 3
The first two levels are the same as on the website, but the third level entails video verification, which is something that is not currently supported by the website.
If you want to complete the third KYC level for your account, you will have to use its mobile application. (Verify Your Identity (KYC) | OKX Crypto Exchange)
- Visit Website
- While you can complete the KYC process on its mobile application as well, this guide will focus mainly on its website, so head on over to its website to get done with the first two levels of KYC verification.
- Click Profile Icon
- Click your account’s profile icon, which can be found on the navigation bar at the top, and select the “Verification” button from the drop-down menu.
- Choose “Individual Account”
- If you are using your OKX account for personal reasons, select “Individual Account.”
- Input Valid Information
- Depending on where you live, you will be asked for a few personal details, like ID type, nationality, ID number, and your legal last, middle, and first names.
Note that this is only the first level of verification being discussed, so if you want to get done with the second level, you can do that either through its mobile application or website. Still, if you have added valid information in the Individual Account section, the second-level KYC verification process should be completed immediately.
How to enable 2FA on OKX
Once enabled, the 2-factor authentication option will be required whenever you log in to your account, send a red packet, or make fund withdrawals. To turn on this feature,
- From the tab titled “Security Settings,” click “Turn on.”
- Select “Get code” to get a code via SMS.
- Add that code to the relevant field, and then click “Confirm.”
Once you’re done with this, 2FA will appear within the list known as “Enabled Security Features,” and you could then switch it off or on later.
FAQs
Is OKX safe?
OKX utilizes industry-standard practices concerning security, such as cold storage, for the majority of users’ assets. It also comes with additional features, including anti-phishing codes and the ability to set up withdrawal passwords. So, overall, it should be a safe exchange to trade on.
Is it easy to sign up for OKX?
The signing-up process is similar to that of other exchanges, i.e., it can be pretty straightforward and not that complicated at all.
Are KYC and 2FA required in OKX?
As for KYC, it is a must if you want to access all of the features it has to offer. In other words, you can use it without KYC, but your trading options will be limited. On the other hand, you can set up mandatory 2FA if you want, but it is not required, as highlighted earlier.
