OKX Exchange App Beginner's Guide: How to Sell USDT and Other Cryptocurrencies

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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.

πŸ‘‰ Experience hassle-free crypto selling on OKX

Selling USDT Example:

  1. Open OKX App β†’ Click [Buy Crypto] β†’ [Quick Buy/Sell] β†’ [Sell]
  2. Enter amount β†’ Click [Sell USDT]
  3. Confirm sale β†’ Wait for buyer payment β†’ Verify receipt β†’ Release assets

Key Notes:

II. Selling via Crypto-to-Crypto Trading (DOGE Example)

  1. Navigate to [Trade] β†’ Select [BTC/USDT]
  2. Switch to [Spot Trading] β†’ Search [DOGE]
  3. Choose [DOGE/USDT] pair β†’ [Sell]
  4. 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:

Order Book:

Order Tracking:

IV. Step-by-Step USDT Selling Process

  1. Fund Transfer: Move USDT from spot to fiat account
  2. Fiat Trading: Select payment method (bank/WeChat/Alipay)
  3. Merchant Selection: Choose best offer
  4. Order Confirmation: Input amount β†’ Confirm details
  5. Payment Verification: Wait for buyer transfer β†’ Verify funds β†’ Release USDT

V. USDT Contract Trading Workflow

  1. Download OKX App β†’ Complete registration/KYC
  2. Deposit funds β†’ Navigate to derivatives section
  3. Select USDT perpetual contracts
  4. Set leverage β†’ Choose long/short position
  5. Monitor positions β†’ Close contracts β†’ Withdraw profits

πŸ‘‰ Start trading crypto derivatives on OKX

VI. YFII Delisting Notice (Effective Feb 29, 2024)

Affected Pairs:

Important Dates:

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.