Step 1: Complete KYC Verification
New users must first verify their identity through OKX's KYC process before purchasing cryptocurrencies.
On the OKX homepage:
- Locate the "Buy Crypto" quick-access button
- Select "Quick Buy" to proceed
Step 2: Select Your Cryptocurrency
Choose either:
- Tether from the dropdown menu
- Manually search for "USDT"
Step 3: Enter Purchase Amount
- Input your desired purchase value
- Click "Select Payment Method"
- Choose a payment option (Alipay/WeChat Pay recommended)
- Click "Next"
Step 4: Confirm Purchase
- Click "Buy USDT" to generate the order
- Select "Get Payment Details" to view seller information
Step 5: Complete Payment
- Transfer funds to the seller using displayed payment details
- Click "I've Paid" within 20 minutes
- Select "Confirm Transfer"
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Important Note:
- Orders auto-cancel after 20 minutes if unpaid
- Digital assets release after seller confirms receipt
Understanding T+1/T+7 Withdrawal Limits
What Are T+N Restrictions?
The "T+N" mechanism requires users to wait 24+ hours after initial deposit before withdrawing to external wallets. This security measure:
- Reduces bank account freezing risks
- Enhances transaction safety
FAQ Section
Q: Why can't I buy USDT immediately after account registration?
A: OKX mandates KYC completion to comply with anti-money laundering regulations.
Q: What happens if I miss the 20-minute payment window?
A: The system automatically cancels unpaid orders and returns USDT to sellers.
Q: How long do T+N restrictions last?
A: Typically 24 hours for first-time deposits, extending to 7 days for high-risk accounts.
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Pro Tip: Always double-check payment details against the seller's information before transferring funds to avoid errors.