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How to buy currency on Dubai OKX Exchange

To buy cryptocurrency on the Dubai OKX Exchange, users must create and verify their account, fund it, find their target crypto, place a buy order, monitor it, and then withdraw their purchased assets.

Oct 20, 2024 at 05:42 am

How to Buy Cryptocurrency on Dubai OKX Exchange

Step 1: Create an OKX Account

Visit the OKX website (https://www.okx.com/) and click "Sign Up."
Provide the required information (email, phone number, etc.) and create a password.
Verify your email and/or phone number by following the instructions provided.

Step 2: Verify Your Identity

To enhance security and comply with regulations, OKX requires users to verify their identities.
Click on "KYC" in the top menu and follow the instructions.
Provide necessary documents, such as a valid ID and proof of address.
Once your identity is verified, you will receive a verification email/SMS.

Step 3: Fund Your Account

Select "Buy Crypto" from the dropdown menu.
Choose your preferred payment method (e.g., credit/debit card, bank transfer, digital wallet).
Enter the amount of fiat currency you want to deposit.
Follow the on-screen instructions to complete your deposit.

Step 4: Find Your Target Cryptocurrency

Click on "Markets" from the top menu and navigate to the cryptocurrency of your choice.
You can use the search field or browse through the listed tokens.

Step 5: Place a Buy Order

In the cryptocurrency's market page, enter the amount or quantity you want to buy.
Choose the appropriate order type (e.g., limit order, market order).
Click "Buy" to place your order.

Step 6: Monitor Your Order

Once your order is placed, it will be displayed in the "Orders" section under "My Assets."
You can monitor the status of your order and adjust it if necessary.

Step 7: Withdraw Your Cryptocurrency

Once your order is executed and the cryptocurrency is credited to your OKX account, you can withdraw it.
Click on "Wallet" from the top menu and select "Withdraw."
Choose your cryptocurrency, provide the withdrawal address and amount, and follow the instructions to complete the withdrawal.

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