I. Selling Cryptocurrencies in OKX App's Buy/Sell Trading Zone
When your digital assets appreciate in value, you may want to sell them for profit. For beginners, OKX offers a [Quick Buy/Sell] feature for seamless one-click selling. Alternatively, users can trade in [Spot Trading] and [Block Trading] zones to select merchants and favorable prices.
π Experience hassle-free crypto selling on OKX
Selling USDT Example:
- Open OKX App β Click [Buy Crypto] β [Quick Buy/Sell] β [Sell]
- Enter amount β Click [Sell USDT]
- Confirm sale β Wait for buyer payment β Verify receipt β Release assets
Key Notes:
- Always verify payment in your bank account before releasing crypto
- Use "Customer Complaint" option if payment isn't received
- For transactions β₯$10,000, consider [Block Trading]
II. Selling via Crypto-to-Crypto Trading (DOGE Example)
- Navigate to [Trade] β Select [BTC/USDT]
- Switch to [Spot Trading] β Search [DOGE]
- Choose [DOGE/USDT] pair β [Sell]
- Select [Limit Order] β Enter price/quantity β Confirm
Note: After selling, transfer proceeds from [Trading Account] to [Funding Account] for fiat withdrawal.
III. Understanding Trading Pair Information
Chart Analysis:
- View real-time K-line charts with adjustable parameters
- Analyze market depth and recent trades
- Check coin profiles for fundamental data
Order Book:
- Red zone (top): Sell orders
- Green zone (bottom): Buy orders
Order Tracking:
- Monitor [Open Orders] and [Order History]
- Track execution time, trading pair, and volume details
IV. Step-by-Step USDT Selling Process
- Fund Transfer: Move USDT from spot to fiat account
- Fiat Trading: Select payment method (bank/WeChat/Alipay)
- Merchant Selection: Choose best offer
- Order Confirmation: Input amount β Confirm details
- Payment Verification: Wait for buyer transfer β Verify funds β Release USDT
V. USDT Contract Trading Workflow
- Download OKX App β Complete registration/KYC
- Deposit funds β Navigate to derivatives section
- Select USDT perpetual contracts
- Set leverage β Choose long/short position
- Monitor positions β Close contracts β Withdraw profits
π Start trading crypto derivatives on OKX
VI. YFII Delisting Notice (Effective Feb 29, 2024)
Affected Pairs:
- YFII/USDC
- YFII/USDT
Important Dates:
- Last trading: Feb 29, 16:00-16:30 UTC+8
- Deposit suspension: Mar 1
- Withdrawal deadline: Apr 29
FAQ Section
Q1: How long does a typical sell order take?
A: Most orders complete within 2-15 minutes after payment verification.
Q2: What's the minimum USDT amount I can sell?
A: Minimum varies by merchant, typically 10 USDT equivalent.
Q3: Are there selling fees?
A: OKX charges 0.1% taker fee for spot trading. Fiat trading fees vary by payment method.
Q4: How to handle disputed transactions?
A: Contact OKX support immediately with order details and evidence.
Q5: Can I cancel an ongoing sell order?
A: Yes, pending orders can be canceled before merchant payment.
Q6: Is KYC mandatory for selling crypto?
A: Yes, identity verification is required for fiat withdrawals.