How to buy crypto in 3 steps
You can buy crypto using OKX’s Exchange or Wallet.
Step one
Get OKX
If you haven’t already, download the OKX app and sign up to get started.
Step two
Fund your account
Make a deposit using your preferred payment method.
Step three
Choose your crypto
Select the crypto you’d like to buy from the 3,000,000+ available on OKX.
Discover the different ways to buy crypto
Here are a few step-by-step beginner’s guides to help you make your first purchase.
1
Create an OKX account
Download the OKX mobile app and sign up using your email address or phone number.
2
Get verified
Complete identity verification to secure your account. You’ll just have to provide your ID, a selfie, and some personal information.
3
Start a trade
Go to Assets, then tap the Deposit button. Select the P2P trading deposit method, and use the dropdown to select BNB. You can filter results based on your preferred payment method.
If BNB isn’t available in the dropdown, purchase any of the available tokens and convert it to BNB.
If BNB isn’t available in the dropdown, purchase any of the available tokens and convert it to BNB.
4
Place a buy order
Select one of the sellers from the list, then tap the corresponding Buy button. Enter the amount of BNB you’d like to purchase in your local currency, or the quantity of BNB you’d like based on the unit price.
5
Complete your purchase
Tap the Buy button, then get your payment details. Go to your chosen payment app and pay the seller. Return to the P2P order page and tap I have paid.
6
Receive your BNB
Once you’ve paid, the seller will release your BNB to you.
7
All done
We’ll notify you once your purchase is complete. That’s it. You own crypto.
1
Get the OKX app or Wallet extension
Download the OKX app on your mobile device or install the OKX Wallet extension.
2
Set up your wallet
Go to the menu and find Web3 Wallet. Follow the instructions to create or import a wallet. Make sure to back up your seed phrase.
3
Fund your wallet
Deposit your crypto into your OKX Wallet to cover your crypto purchase and network fees. You can make a direct deposit through the Exchange or receive the tokens from another wallet.
4
Find your next purchase
You can search for your desired crypto, paste its contract address directly into the search bar, or find it on the Tokens page.
Note:
Tokens with the same symbol can exist on multiple networks or may be forged. Always double-check the contract address and blockchain to avoid interacting with the wrong tokens.
Note:
Tokens with the same symbol can exist on multiple networks or may be forged. Always double-check the contract address and blockchain to avoid interacting with the wrong tokens.
5
Trade your crypto on OKX DEX
You can either select the token you want to buy and start trading right away, or find the token in your preferred trading mode on our Trade page.
Choose the token you’re paying with (e.g., USDT, ETH, or BNB), enter your desired trading amount, and adjust slippage if needed. Then, confirm and authorize the transaction in your OKX Wallet.
Limit order (optional):
If you’d prefer to set a specific price for your crypto, you can place a limit order in Swap mode.
Enter the limit price and trading amount, then place your order.
Choose the token you’re paying with (e.g., USDT, ETH, or BNB), enter your desired trading amount, and adjust slippage if needed. Then, confirm and authorize the transaction in your OKX Wallet.
Limit order (optional):
If you’d prefer to set a specific price for your crypto, you can place a limit order in Swap mode.
Enter the limit price and trading amount, then place your order.
6
Receive your crypto
Check your order status using the Explorer or on the History page. If your transaction is successful, you’ll receive your crypto in your wallet.
7
All done
You can now track and transfer your crypto, all in one place. That’s it. You own crypto.
Complete tasks, earn rewards, kick-start your crypto journey.
Get startedMake informed decisions
Here are some things to look out for when deciding where to buy crypto.
Proof of Reserves
Ensure the exchange can cover your assets at all times.
High liquidity
High trading volumes enhance liquidity on an exchange.
Transparency
Historical market data should be available to you at all times.
Security
Ensure the exchange has taken steps to keep your account safe.
See what you can do with your crypto
Now that you’ve mastered the art of buying crypto, check out its potential.
Trade your crypto
Take advantage of price fluctuations and trade your crypto for other crypto or fiat currencies.
Convert your crypto
Swap your crypto for other crypto or stablecoins, all in one place.
HODL, or hold onto your crypto
If you think your crypto will increase in value, you can hold onto it.
Earn high APY
Earn high interest from your idle crypto assets by subscribing to low-risk staking and savings pools.
How to buy crypto FAQ
Depending on where you’re located, you can use bank transfer, credit/debit card, or Peer-to-Peer. Read our guide on how to use these different payment methods to buy crypto safely on a trusted exchange like OKX.
Choose the best exchange to buy crypto depending on your individual needs. Factors to consider when picking the best place to buy crypto include: security measures, platform transparency, fees, and efficient transaction processes. First-time beginners can consider trusted exchanges such as OKX.
Countries and regions differ on how digital assets transactions and holdings are taxed and how they view digital assets in general (money, property, commodity). In general, it is expected that you will pay capital gains tax when selling or swapping crypto. Refer here for a more detailed guide.
There are exchanges that offer users privacy and do not require verification to complete transactions. However, it is important to exercise caution as such exchanges might be more prone to fraud.
Use a trusted, centralized exchange such as OKX, which offers the ability to buy and sell crypto, as well as fiat withdrawal options.
This depends on the method you use to convert crypto to cash. Withdrawals to a bank can take one to three working days to process, while withdrawals to a debit card can be almost instantaneous.
Disclaimer
This is provided for informational purposes only. It is not intended to provide (i) investment advice or an investment recommendation, (ii) an offer, solicitation, or inducement to buy, sell or hold digital assets, or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, are subject to market volatility, involve a high degree of risk, and can lose value. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition and risk tolerance. Please consult your legal/tax/investment professional for questions about your specific circumstances. Not all products are offered in all regions. For more details, please refer to the OKX Terms of Use and Risk Warning. OKX Web3 Wallet and its ancillary services are subject to separate Terms of Service.