Buying your first Bitcoin or Ethereum might seem overwhelming, especially if you're new to the world of digital assets. But with the right guidance, the process can be simple, secure, and efficient. This comprehensive tutorial walks you through every step—from registering on the OKX exchange and completing identity verification to adding a bank card, buying USDT (commonly known as "buying U"), spot trading, and even diving into perpetual contracts. Whether you're in mainland China or elsewhere, this guide is tailored for beginners seeking a reliable path into cryptocurrency.
👉 Discover how to start trading Bitcoin with low fees and strong security today.
Step 1: Registering Your OKX Account
The first step to entering the crypto market is creating an account on a trusted exchange. OKX is one of the most reputable global platforms, offering advanced trading tools, high liquidity, and robust security measures.
To register:
- Visit the official OKX website.
- Click “Sign Up” and enter your email address or phone number.
- Create a strong password and complete the CAPTCHA verification.
- Confirm your registration via the link sent to your email or SMS.
Note: Users from mainland China can use local phone numbers or emails without issues during registration. While direct bank integrations may vary by region, there are still multiple secure ways to fund your account.
Once registered, you’ll gain access to spot trading, derivatives, savings products, and more—all within a single interface.
Step 2: Complete Identity Verification (KYC)
To unlock full functionality—including higher withdrawal limits and access to fiat on-ramps—you’ll need to complete Know Your Customer (KYC) verification.
Here’s how:
- Go to your account settings and select “Identity Verification.”
- Choose your country/region and upload a clear photo of your government-issued ID (e.g., passport or national ID).
- Take a live selfie holding your ID.
- Submit the documents and wait for approval (usually within minutes).
After successful verification, you can securely deposit funds and begin trading with confidence.
👉 Securely verify your identity and unlock advanced trading features now.
Step 3: Add a Bank Card or Payment Method
Funding your OKX account is straightforward using various payment methods, including bank cards and peer-to-peer (P2P) trading.
For users in regions where direct card purchases are supported:
- Navigate to “Buy Crypto” > “Credit/Debit Card.”
- Select the cryptocurrency (e.g., USDT) and enter the amount.
- Enter your card details and confirm the transaction.
For those in mainland China or areas with restricted card access:
- Use the P2P trading section to buy USDT directly from sellers using bank transfers.
- Select a seller with high ratings and fast response times.
- Transfer funds to their bank account and confirm payment on the platform.
- Once confirmed, your USDT will be released to your wallet instantly.
This method avoids freezing risks associated with traditional banking channels and offers flexibility in funding options.
Step 4: Buy USDT ("Buying U") Safely
USDT (Tether) is a stablecoin pegged 1:1 to the U.S. dollar, making it a popular entry point for new traders.
Why start with USDT?
- Stable value reduces volatility risk when entering the market.
- Widely accepted across exchanges for trading other cryptocurrencies.
- Enables quick trades without relying on fluctuating fiat gateways.
On OKX, you can buy USDT via:
- Credit/debit cards
- Bank transfer through P2P
- Crypto deposits (if you already hold other digital assets)
Always double-check transaction details and use trusted sellers in P2P markets to avoid scams.
Step 5: Start Spot Trading – Buy Bitcoin & Ethereum
Now that you have USDT, it's time to make your first investment.
Spot trading means buying actual cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) at current market prices.
Steps:
- Go to the “Trade” section and select “Spot.”
- Search for BTC/USDT or ETH/USDT trading pairs.
- Choose “Market Order” to buy instantly at the best available price.
- Confirm the amount and execute the trade.
Congratulations—you now own your first digital assets!
Over time, monitor price trends using built-in charts and tools. Consider dollar-cost averaging (DCA) to reduce exposure to short-term volatility.
Step 6: Explore Perpetual Contracts (Optional for Advanced Users)
Once comfortable with spot trading, you might explore perpetual contracts, a form of derivatives trading that allows leveraged positions on price movements without an expiration date.
Key points:
- Leverage amplifies both gains and losses—use cautiously.
- Ideal for experienced traders who understand risk management.
- Offers both long (bullish) and short (bearish) positions.
Beginners should practice with small amounts or use demo accounts before committing real funds.
Core Keywords:
Bitcoin, Ethereum, buy Bitcoin, USDT, spot trading, perpetual contracts, crypto exchange, OKX
Frequently Asked Questions (FAQ)
Q: Can I register on OKX from mainland China?
A: Yes, users from mainland China can register using a phone number or email. However, direct fiat deposits may be limited—P2P trading is a reliable alternative.
Q: Is identity verification required?
A: Full KYC is optional but recommended. It unlocks higher withdrawal limits and access to more features like staking and lending.
Q: How do I avoid frozen bank accounts when buying crypto?
A: Use P2P platforms with escrow protection. Avoid frequent large transactions and ensure your source of funds is legitimate.
Q: What is USDT and why should I use it?
A: USDT is a stablecoin backed by reserves, maintaining a stable value close to $1. It’s widely used for trading due to its stability and fast settlement.
Q: Can I trade Bitcoin without KYC?
A: Yes, limited trading is possible without verification, but functionality will be restricted. Completing KYC enhances security and access.
Q: Are perpetual contracts safe for beginners?
A: They carry higher risk due to leverage. Beginners should first master spot trading and learn risk management before exploring derivatives.
👉 Start practicing with low-risk trades and build your confidence on a trusted platform.
Final Thoughts
Entering the world of cryptocurrency doesn’t have to be complicated. By following this step-by-step guide, even complete beginners can successfully register on OKX, complete verification, fund their accounts, buy USDT, purchase Bitcoin or Ethereum, and eventually explore more advanced options like perpetual contracts.
Remember: security comes first. Enable two-factor authentication (2FA), never share your recovery phrase, and only use official links.
With consistent learning and cautious investment strategies, you're well on your way to becoming a confident crypto trader.