OKX App Tutorial 2025 – A Beginner’s Guide to Trading Cryptocurrencies

OKX is a cryptocurrency exchange designed to help everyone navigate the world of cryptocurrencies with confidence. The platform offers its advanced mobile phone app with a sleek interface, robust functionality, and a wide range of asset support. The app delivers a seamless trading experience with real-time data and intuitive tools for all tiers of cryptocurrency traders.

This OKX App tutorial will help cryptocurrency enthusiasts learn how to create an account, make their first deposit, and place a trade on the app. This step-by-step guide will help unlock the full potential of the app, empowering one to make informed trading decisions.

Let’s start this tutorial.

What is OKX?

Headquartered in the Seychelles, OKX is a cryptocurrency exchange that was founded in 2017 as OKEX. The platform was rebranded as OKX in 2022 and serves millions of users in more than 100 countries. It has recently expanded its global reach to over 400 million users across the 28 European Economic Area (EEA) countries by obtaining the MiCA License.

OKX is a highly regulated cryptocurrency exchange with licenses in the EU (ESMA), Hong Kong (SFC), and Malta (MFSA). It is a centralized cryptocurrency exchange that requires everyone to comply with specific rules and regulations, such as completing the Know Your Customer (KYC) procedure. Additionally, the platform utilizes robust security measures to ensure a safe trading environment for its millions of users.

The cryptocurrency exchange offers advanced trading features for the enhanced convenience of traders. OKX enlists over 350 digital tokens and more than 700 trading pairs on its mobile app. Moreover, it offers Futures trading with up to 100x leverage on the app and opportunities to generate passive income by staking digital assets.

Getting Started with OKX

The OKX mobile app has been designed to make cryptocurrency trading easy for crypto enthusiasts and investors. Users are required to follow some simple steps to create an account on the app.

1. Download the app

The first step is to download the OKX mobile app, which is available on both the App Store and Google Play Store. Just access either of these stores on your mobile device, search for the OKX App, and download it.

2. Open the app

Open the OKX App on your mobile phone and click the “Sign Up” tab on the home screen.

3. Select the country of residence

Select your country of residence, agree to the OKX terms of service, and click Create Account.

4. Enter the email address

Enter your email address and click the “Sign Up” tab. OKX also allows you to sign up using your Google or Telegram account.

5. Complete the puzzle

Slide the bar to complete the puzzle and proceed.

6. Enter the verification code

Provide the verification code that is received at your email address.

7. Provide the mobile number

Enter your mobile phone number and click Next.

8. Provide the code

Enter the code that is received at your mobile number.

After this, you need to set a strong password and complete the account creation procedure.

Know Your Customer (KYC) Procedure on the OKX App

The OKX Exchange is a centralized platform where crypto traders are required to complete the Know Your Customer (KYC) procedure. It ensures full access to all features on the app and increases the withdrawal limits.

You need to follow these steps to complete the KYC procedure on the app.

1. Navigate to the verification tab

Open the OKX app on your mobile phone and click Continue Verification on the home screen. Otherwise, you can click on the dots tab in the upper left corner of the home screen, open account settings, access the security option, and click Identity Verification.

2. Start the verification process

Next, start the verification process and click the “Verify Now” tab.

3. Select the ID type

You need to select your country of residence and the ID type that you will use for the verification process. OKX offers various ID types, including ID cards, driver's licenses, and more. Once done, click “Next” to proceed.

4. Enable the camera access

The system will ask you for camera permission to upload the documents. Click the “Continue” tab to enable camera access while using the app.

5. Upload the documents

Agree to the OKX “Consent” tab and click Start Verification to upload the documents.

Scan the front and back sides of the document.

After this, you will need to upload a selfie. Once done, the system will review your documents and notify you of the successful completion of the KYC procedure, and you will see a “Verified” badge under your profile.

How to Make a Crypto Deposit on the OKX App?

OKX supports a wide range of digital tokens to enable its users to make a deposit on the app easily. You can select popular tokens like Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and other altcoins to deposit in your account.

To make a deposit:

1. Go to the deposit tab

On the OKX App home screen, click the “Deposit” tab. Otherwise, click the "Dots" tab in the top left corner of the home screen, and then click "Deposit."

2. Select the cryptocurrency

Choose the cryptocurrency you want to use for the deposit, for example, USDT. You can also search for the digital token in the search bar.

3. Choose the deposit network

Select the deposit network to proceed with the deposit. Remember, you should select the same deposit address that you selected in the wallet from which you are sending the funds. In case the wrong network is selected, you may lose your funds.

4. Copy the deposit address

The system will automatically generate a deposit address that you need to copy and paste into the wallet from which you are depositing the funds. To do this, click the “Copy” tab, or scan the QR code. After a successful deposit, the funds will be shown in the wallet.

Buying Crypto with Fiat on the OKX App

You can buy cryptocurrencies with Fiat currencies on the OKX App. The platform enlists over 100 Fiat currencies from which you can select a currency to buy digital tokens. Additionally, it supports more than 900 payment methods to facilitate buying crypto with Fiat currencies.

You can select from Express Buy and Peer-to-Peer (P2P) trading options to purchase digital assets with Fiat currencies.

Express Buy

The Express Buy functionality on the OKX App enables you to purchase digital tokens with Fiat currencies by automatically finding the best market price.

For this:

• Click the dots icon in the top left corner of the home screen.

• Click P2P trading, and it will take you to the Express Buy page.

• Select the Fiat currency you want to spend, for example, USD, and enter the order amount. After this, select the cryptocurrency you want to buy, such as USDT, and you will see the number of tokens to receive. Once done, click the “Select payment method” tab to proceed.

• Choose a payment method and then click Select Ad.

• The system will automatically select the best ad that matches the price. Click Place Order, and it will take you to the next page.

• Review the order details and click the “Get payment details” tab. It will take you to your payment app, where you need to pay the seller to complete the transaction.

Peer-to-Peer (P2P) Trading

Peer-to-Peer (P2P) Trading on the OKX App enables you to buy digital currencies with zero fees.

To start P2P trading:

• Navigate to the dots icon in the top-left corner of the home screen.

• Select the P2P Trading option, and it will take you to the corresponding page.

• Select the cryptocurrency you want to purchase, like USDT, and the fiat currency you want to spend, like USD. After this, select a payment method and click the “Buy” tab for your selected ad.

• Enter the order amount and click “Buy USDT with 0 fees.”

• Next, you will see the order details. Click “Get payment details” and open the payment method app to complete the payment to the seller. Once the payment is made, you will receive the tokens in your account.

Order Types on the OKX App

OKX offers basic and advanced order types on its mobile app for the maximum convenience of crypto traders. You can use the basic order types to simply buy and sell digital currencies, and advanced order types according to your trading strategies.

The following order types are offered on the app:

1. Limit Order

Cryptocurrency traders use a limit order to trade digital assets at a specific price.

Example: You place a limit order to buy 1 Ethereum (ETH) at $2,700. The order will execute once the targeted price is reached.

2. Market Order

You can place a market order to trade cryptocurrencies at the current market price.

Example: You want to buy 1 Ethereum (ETH) at the current market price and place a market order. The order will execute immediately at the available price.

3. Tak-Profit/Stop-Loss (TP/SL) Order

Crypto traders use this order type to set take-profit and stop-loss targets before opening or closing a position.

Example: A crypto trader wants to buy 1 Ethereum (ETH) at $2,700 and set a take-profit target at $3,000 and a stop-loss target at $2,500. The order will execute once any of these targets is met.

4. Chase Order

A chase order enables crypto traders to continuously adjust their buy or sell orders according to the price movement. It helps in minimizing losses and maximizing profits.

Example: Suppose the price of Bitcoin (BTC) is rapidly rising from $110,000 to $111,000. You place a chase order to keep your buying price closer to the market price, placing the order at $110,200, then $110,500, and so on. This will help you in buying BTC at the desired price instead of paying a higher price.

5. Advanced Limit Order

You can manage risk and lock in profits with advanced functionality by setting additional conditions to the order beyond just price and quantity.

Example: Suppose you place an advanced limit order to sell 3 Ethereum (ETH) at $2,700 with a post-only condition to ensure the order will not execute instantly as a market maker. You also set a Good-Till-Cancelled (GTC) order to keep the order open until it is executed.

6. Trailing Stop Order

A trailing stop order helps crypto traders to automatically adjust the price once the market moves in their favor.

Example: You buy 1 Bitcoin (BTC) for $110,000 and set a trailing stop order with a $100 trail. If the price rises to $110,300, the stop price moves to $110,200, and once the price drops to this level, the order will execute to lock in profits.

7. Trigger Order

Crypto traders can use this order type to place a market or limit order based on their predefined settings. It allows more precise execution of trades.

Example: You set a trigger order to sell 1 Ethereum (ETH) if its price drops to $2,300. Once this order price is achieved, a limit sell order is automatically placed at $2,200.

8. Scaled Order

A scaled order enables crypto traders to set multiple limit sub-orders and a price range simultaneously.

Example: A trader places a scaled order to buy 3 Bitcoin (BTC) between $110,000 and $115,000, each for 1 BTC. Once the market price falls within the range, each order is triggered to gradually build the full 3 BTC position at an average entry price.

9. Iceberg Order

A crypto trader can use this order type to execute large trades without completely revealing them.

Example: A crypto trader sets an iceberg order to sell 50 Ethereum (ETH), which shows only 5 ETH at a time in the order book. Once each 5 ETH position is filled in the order book, another position of 5 ETH is automatically placed, thus hiding the complete order.

10. Time-Weighted Average Price (TWAP) Order

The TWAP order enables crypto traders to divide large orders into smaller ones to achieve better profits. Example: You place a TWAP order to buy 10 BTC over 3 hours. It places a small order every 15 minutes to achieve an average price that is close to the overall market average price.

Futures Trading on the OKX App

Crypto traders can start Futures trading on the OKX App and choose up to 100x leverage on trading pairs. The cryptocurrency exchange offers the following Futures contracts:  

• USDT-Margined contracts that are settled in Tether (USDT).
• USDC-Margined contracts that are settled in USDC.
• Crypto-Margined contracts that use digital tokens for settlement instead of stablecoins.

To start Futures trading on the OKX App:

1. Navigate to the Trade tab

Click the “Trade” tab on the home screen and select “Futures” from the available options.

1.      Understanding the interface

The Futures trading interface on the OKX App has the following features:

• Trading Pair Selector: Select any trading pair to trade at the top left corner of the interface. In this case, BTC/USDT is selected.
• Trading Chart: You have the trading chart at the top, where you can select the timeframe, trading tools, and more.
• Order Panel: The right side of the interface features the trading panel, where you can place a trade.
• Order Book: The order book on the right side of the interface shows the current buying and selling prices of the selected trading pair.
• Positions Tab: You can view the details of the order in the positions tab, located at the bottom of the interface.

1.      Open a position

Go to the order panel and follow these steps:

• Select the margin mode between cross and isolated. The cross margin uses the entire balance to maintain all positions, while the isolated margin only utilizes the amount you dedicate to a specific position.

• Select the leverage, and you can select up to 100x leverage. However, you should be aware that selecting a higher leverage option poses a higher risk. Once selected, click "Confirm" to proceed.

After this:

• Select the order type. In this case, a Limit Order is selected.
• Enter the order amount, or you can use the handy percentage bar.
• Review the order details and click either Buy (Long) or Sell (Short).

• You can also add Take-Profit/Stop-Loss (TP/SL) to your position. Enable the TP/SL option and enter the Take-Profit price and Stop-Loss price.

• To use the advanced TP/SL functionality, click “Advanced” and enter the values. Once done, click the “Confirm” tab.

• Once the position is opened, you can view its details under the positions tab. To cancel any position, click “Cancel All” to proceed.

Spot Trading on the OKX App

OKX enables its users to buy or sell more than 350 digital assets in its Spot market. It refers to the buying and selling of cryptocurrencies like Bitcoin (BTC) or Ethereum (ETH) at the current market price. Each transaction is settled on the spot, meaning the ownership of the asset is instantly transferred between buyer and seller.

To start Spot trading on the OKX App, you need to follow these steps:

1. Navigate to the trade tab

On the OKX App home screen, navigate to the “Trade” tab and then click Spot from the options.

2. Understanding the interface  

The Spot trading interface provides multiple features to enhance the convenience of crypto traders. You can select a trading pair, read the chart, and adjust the timeframes, place an order in the order panel, view the current buying and selling prices of the selected pair in the order book, and view the details of the order once it is placed in the positions tab.

3. Select a trading pair

Click the “Trading Pair Selector” tab in the top left corner of the interface and select a trading pair. You can also search for the trading pair in the search bar. In this case, BTC against USDT is selected.

4. Place an order

Go to the order panel to place an order, and follow these steps:

• Select the order direction between Buy and Sell.
• Choose an order type, for example, a Limit Order.
• Enter the order amount or use the handy percentage bar for it.
• You can also add TP/SL to your order, which is optional.
• Review the order details and click either Buy BTC or Sell BTC.

5. Visit the positions tab

Once the order is placed, you can view its details under the positions tab.

Copy Trading on the OKX App

You can start copy trading on the OKX App to imitate the trades of experienced traders. It offers quick learning and a chance to generate passive income through investments.

1. Open Copy trading

Navigate to the “Explore” tab on the homepage and then click “Copy Trading” from the available options.

2. Explore copy traders

Next, explore copy traders across the Futures and Spot markets. OKX enlists copy traders based on PnL (Profit and Loss), PnL %, number of copy traders, copy trader PnL, AUM (Asset Under Management), and win rate. You can also search for a copy trader in the search bar.

3. Select a copy trader

Once you have selected a trader that matches your trading strategy, click Copy beyond the trader’s name.

4. Review the details

OKX provides essential details of every copy trader available on the platform. Review all the crucial performance parameters of your selected copy trader, and then click “Copy.”

5. Enter the investment amount

Enter the investment amount and agree to the OKX Copy trading service terms. Review the details and click Submit to start copying the trader.

Withdrawal on the OKX App

OKX is an advanced cryptocurrency exchange that offers several withdrawal methods on its app to withdraw funds.

For this, you need to follow these steps:

1. Access the withdrawal option

Navigate to the dots option in the top-left corner of the home screen and then click the “Withdraw” tab.

2. Select the withdrawal currency

Next, search and select the cryptocurrency you want to withdraw, for example, USDT.

3. Select the withdrawal destination

You need to select a withdrawal destination from the available options, for example, Exchanges.

4. Select the withdrawal network

You need to select a withdrawal address. Remember, you choose the same network in the wallet where you are sending the amount for a safe transfer.

5. Complete the withdrawal

Enter the withdrawal address to which you want to send the withdrawal amount. Next, enter the withdrawal amount or click “Max” to withdraw all tokens. Once done, click Submit to complete the withdrawal.

Trading Fees on OKX

OKX offers a competitive fee structure for cryptocurrency traders. The trading fees are calculated on the platform based on a 30-day trading volume. These fees are categorised for regular and VIP traders.

Spot Trading Fees

OKX charges different Spot trading fees for USDT pairs and crypto/stablecoin/fiat pairs.

• For regular customers who trade USDT pairs, the maker fee is 0.080% and the taker fee is 0.100%.

• The following table shows the Spot trading fees for USDT pairs for VIP customers:

• For regular customers who trade crypto/stablecoin/fiat pairs, the maker fee is 0.050%, and the taker fee is 0.070%.

• VIP customers who trade crypto/stablecoin/fiat pairs are required to pay the following fees:

Futures Trading Fees

OKX divides Futures trading fees based on USDT-Margined contracts and other contracts. These fees are the same for regular customers in both categories but differ for VIP customers.

• The regular customers on the OKX App are required to pay a maker fee of 0.020% and a taker fee of 0.050% in Futures trading.

• VIP traders who trade USDT-Margined contracts pay the following fees:

• VIP traders who trade other Futures contracts pay the following fees:

Safety on the OKX App

OKX has implemented robust security measures to ensure a safe trading environment for crypto traders. 95% of the users’ funds are stored in cold storage for maximum security. Other security measures, such as Google Two-Factor Authentication, further enhance the safety of your funds.

The platform follows the Merkel-Tree Proof-of-Reserves to ensure all assets are fully backed. The procedures, such as KYC, ensure that no illicit activities, including money laundering or terrorist financing, take place on the platform. Furthermore, mobile verification codes and email verification codes offer enhanced safety.

Key Takeaways

OKX is an advanced cryptocurrency exchange designed to cater to the needs of both beginner and professional traders. Its mobile app offers advanced functionality with a strong focus on security, high performance, and a diverse range of trading options. From seamless onboarding to secure fund management, the app provides a comprehensive ecosystem for all crypto traders.

The OKX App is your gateway to the broader Web3 landscape. It features an intuitive interface, offers a wide range of cryptocurrencies, and includes advanced trading tools for a seamless trading experience. Lastly, it utilizes robust security measures to ensure a secure trading environment for everyone.

Frequently Asked Questions (FAQs)