OKX, a leading cryptocurrency exchange platform, has recently introduced a referral code “SAVE20” that allows users to save 20% on all trading fees. This move is aimed at providing users with an opportunity to trade with lower fees and attract more traders to the platform.
Effortless Registration Using Referral Code
To use the referral code SAVE20 for a bonus and lower fees, follow these simple steps:
- Visit https://www.okx.com/join/SAVE20
- Click on “Sign Up” at the top right of the website
- Enter your email, password, and referral code (SAVE20)
Setting Up OKX Account
To set up an Okx account, follow these steps:
- Create an account: Click the OKX link above provided in the video description to create an account or use the OKX Referral ID SAVE20. You will need to provide an email and a password.
- Sign in: After creating your account, sign in to your OKX dashboard.
- Secure your account: It is important to add a secondary line of defense to secure your account. The options available are:
- Authenticator app
- Two-factor authentication (recommended)
- Anti-phishing code
- To set up two-factor authentication, download the Google Authenticator app on your phone and scan the code provided. Keep the backup phrase safe in case you lose your device.
- Complete KYC verification: Click on the verification section and provide proof of residence and identification documents to complete the KYC process, which is necessary for withdrawing funds.
- Buy or deposit crypto: There are options to buy crypto with a card, P2P trading, and third-party payments. Follow the onscreen instructions to complete the process.
Alternatively, you can deposit crypto from another exchange or wallet. To do this, navigate to the “My Assets” section, click on “Deposit”, then select the cryptocurrency you want to deposit and choose the appropriate network. Copy the deposit address and send funds from your external wallet or exchange to this address.
- Track your assets: The “My Assets” section helps you track your funds across different wallets in the exchange. You can view your current holdings, recent transactions, and transfer assets between wallets.
- Withdraw funds: In the “My Assets” section, click on “Withdraw” and follow the instructions. Make sure to choose the correct crypto and network for withdrawal. Complete the KYC process to enable withdrawals.
With these steps, your Okx account is set up and ready for trading. Now you can explore the platform and start trading various cryptocurrencies.
Benefits of Using ‘SAVE20’ Code on OKX.com
Using the OKX Referral Code “SAVE20” can provide users with significant benefits when trading on the OKX platform. Here are some of the advantages of using this code:
- Save 20% on Trading Fees: The most significant benefit of using the “SAVE20” code is that it allows users to save 20% on all trading fees. This can add up to significant savings over time, especially for frequent traders or those who trade in large volumes.
- Easy to Use: Using the “SAVE20” code is straightforward. Users simply need to enter the code when signing up for an OKX account or when making a trade. The discount will be automatically applied to their trading fees.
- No Expiration Date: Unlike some other referral codes, the “SAVE20” code has no expiration date. This means that users can continue to enjoy the 20% discount on their trading fees forever on OKX!
- Increased Trading Volume: The savings from using the “SAVE20” code can allow traders to increase their trading volume without incurring additional fees. This can help traders to take advantage of more trading opportunities and potentially increase their profits.
Overall, using the OKX Referral Code “SAVE20” can provide significant benefits to traders on the OKX platform. By saving on trading fees, users can increase their trading volume and potentially improve their overall trading performance.
OKX Signup: https://www.okx.com/join/SAVE20
Understanding the OKX Dashboard
The Okx Dashboard is the central hub for managing and navigating the Okx Exchange platform. It provides users with a seamless way to access various features and functionalities, which are essential for trading cryptocurrencies. Some key aspects of the Okx Dashboard include:
- Account Details: Users can access their email, user ID, and account settings from the Okx Dashboard. These details are essential for registering for any additional services, such as Sniper School.
- Security: The platform offers multiple layers of security, including Google Authenticator, two-factor authentication, and anti-phishing codes, ensuring user accounts remain secure and protected.
- Funds Management: Users can track their assets and manage deposits, withdrawals, and transfers through the “My Assets” section in the Dashboard. This feature provides a clear overview of one’s holdings and transaction histories.
- Verification: To enhance security and enable withdrawals, users must complete the KYC (Know Your Customer) process. This verification process typically requires proof of residence and identification documents.
- Buying Crypto: The Okx Dashboard allows users to purchase cryptocurrencies using a variety of methods, such as using a credit card or engaging in P2P trading. These options make it convenient for users to start trading on the platform.
- Depositing and Withdrawing: Users can easily deposit and withdraw funds from their Okx account. The platform includes a simple step-by-step process for selecting the cryptocurrency, choosing the appropriate network, and inputting the correct address for transactions.
By familiarizing themselves with the features available in the Okx Dashboard, users can maximize their trading experience and ensure a secure, efficient, and user-friendly journey on the Okx Exchange platform.
Account Security
Account security is paramount when using a cryptocurrency exchange platform, such as OKX. To ensure the highest level of protection, users are encouraged to set up two-factor authentication (2FA). This additional layer of security involves using the Google Authenticator app, which generates a unique six-digit code every 30 seconds to grant account access.
To set up 2FA, follow these steps:
- Download the Google Authenticator app from your device’s app store.
- Activate 2FA in your OKX account’s security settings.
- Scan the provided QR code and save the backup phrase.
It is essential to keep the backup phrase safe, as it is required to access your account in case your device is lost or replaced. Providing a secondary line of defense, 2FA significantly reduces the risk of unauthorized access to your account.
Remember to complete the Know Your Customer (KYC) process, which allows for withdrawals and verification. KYC typically involves submitting proof of residence and identification documents.
Once your account security is set up, you can deposit, withdraw, track assets, transfer funds, and most importantly, trade safely on the OKX platform. Maintaining strong account security is vital for protecting your investments in the world of cryptocurrencies.
Verification Process
When using a platform, it’s essential to ensure the security of your account. One of the primary ways to secure your account is by completing the Know Your Customer (KYC) verification process. The KYC procedure enhances the safety of your assets and enables you to withdraw funds seamlessly.
To complete the KYC process, users must upload a photo of their passport or ID card and take a selfie to verify their identity. This process takes approximately two minutes to complete. Once the KYC process is complete, users can access all features of the platform.
Another crucial aspect of securing your account is setting up two-factor authentication (2FA). This can be done using the Google Authenticator app, available in both the Apple store and the Play Store. The app generates a six-digit code that changes every 30 seconds, which you will need when logging into your account. Be sure to save your backup code in case you lose your device.
To further guarantee the safety of your funds, you can set up an anti-fishing code and change your password or add mobile verification whenever needed.
When it comes to managing your funds on the platform, you can track your assets, deposit, and withdraw by accessing the “My Assets” section. Always ensure that you choose the appropriate chain when depositing or withdrawing cryptocurrencies and verify that the chain matches the one on the receiving platform.
By carefully following these steps and prioritizing the security of your account, you can confidently trade and protect your investments on the platform.
Purchasing Cryptocurrency
When it comes to purchasing cryptocurrency, there are various methods available on the OKX exchange platform. As one of the top five crypto exchanges worldwide with exceptional volume and an extensive range of tokens, OKX is an excellent choice for both newcomers and seasoned traders.
To get started, you’ll need to create an account by providing an email address and password. Once your account is created, sign in to access your dashboard, and take note of your email and user ID displayed under the account icon. Enhance your account security by activating two-factor authentication using the Google Authenticator app.
Buying and Depositing Crypto
OKX allows users to purchase cryptocurrency directly with a credit card or deposit from another exchange or wallet. Here’s a brief walkthrough of these steps:
- Buy with a card: In the “Buy Crypto” section, select your preferred currency and the cryptocurrency you want to receive (e.g., USDT or Bitcoin). Follow the on-screen instructions to complete the transaction.
- Deposit from another exchange/wallet: Navigate to the “My Assets” tab, then click on “Deposit” from the menu. Select the cryptocurrency you want to deposit (e.g., USDT) and choose the appropriate network (e.g., ERC20, TRC, etc.). Make sure to select the correct address for the corresponding chain. Copy the generated deposit address accurately and use it to transfer funds from your external wallet or exchange.
When depositing or withdrawing funds, ensure that you have completed the required KYC verification process on OKX. Additionally, always double-check that you are using the correct address and network to avoid losing funds.
With these steps completed, you’re now ready to begin trading, exploring various tokens, and profiting from your investments on the OKX exchange platform.
Depositing and Withdrawing Funds
Adding Funds to Your Account
Depositing funds into your OKX Exchange account is a straightforward process. First, you need to select the cryptocurrency you want to deposit, such as USDT. Ensure to pick the correct network (e.g., ERC20) as per your preference. Next, you will be provided with an address generated for the selected network. Copy this address accurately, as any mistake may result in losing your funds. Finally, transfer the funds from your external wallet or another exchange to the given address. Your deposited funds will appear in the “My Assets” section of your OKX dashboard.
Taking Out Funds from Your Account
Withdrawing funds from your OKX Exchange account is as simple as depositing them. Firstly, choose the cryptocurrency you wish to withdraw, and then select the appropriate network (e.g., ERC20) according to your receiving wallet’s compatibility. Input the correct withdrawal address, ensuring that the selected network matches the address. Remember to verify your account via KYC (Know Your Customer) to enable withdrawals. Once the withdrawal process is complete, your funds will be transferred to the specified destination.
Keep in mind that account security is paramount. Take advantage of features such as Two-Factor Authentication (2FA) and anti-phishing codes to bolster your account protection. By following these steps and maintaining robust account security, you can make the most of your OKX Exchange experience.
Trading
With a funded and secure account, you can now start trading on OKX. The platform offers various trading options, including spot trading, futures trading, and perpetual swaps. Make sure to familiarize yourself with the trading interfaces and do proper research before venturing into any trading activities.
By following these steps, you will successfully navigate the OKX exchange platform as a beginner in crypto trading. The key is to prioritize security, understand the platform’s features, and proceed with caution while trading. Good luck!
OKX FAQ
Is OKX safe to use?
OKX is very safe to use and is one of the few crypto exchanges with 10/10 trust score and 3x AAA security protocol.
How big is OKX?
Currently OKX is the worlds 4th biggest crypto exchange and is growing rapidly every day! OKX is very popular for pro traders.
What advantages does using an OKX Referral Code provide?
You get lifetime trading fee discount, plus a free mysterybox where you can win 10.000$ worth of Bitcoin!
Is OKEX and OKX that same things?
OKEX did a rebrand in 2021 to OKX, so its essentially the same exchange, but just with a new name and brand.
What is the fees on OKX?
OKX fees are already very, very low, but with use of the code “SAVE20” when you sign up, you will save 20% extra on ALL TRADING FEES forever!
For more info, see: https://www.okx.com/fees
What is the ‘SAVE20’ code?
‘SAVE20’ is a referral code provided by OKX that allows users to receive a 20% discount on all trading fees.
Who can use the ‘SAVE20’ code?
The ‘SAVE20’ code can be used by anyone who is a new user on OKX and signs up using a referral link or code.
Conclusion
The OKX Referral Code “SAVE20” can be a valuable tool for traders looking to save on trading fees. By using this code, traders can save 20% on all trading fees, which can add up to significant savings over time.
Overall, the OKX platform offers a range of features and tools for traders, including a user-friendly interface, advanced trading options, and a wide range of supported cryptocurrencies. The platform also offers competitive fees and a robust security system to protect user funds.
While the OKX Referral Code “SAVE20” can be a useful tool for traders, it is important to remember that trading always carries risks. Traders should always do their own research and carefully consider their investment strategies before making any trades.
In conclusion, the OKX Referral Code “SAVE20” can be a valuable tool for traders looking to save on trading fees. However, it is important to approach trading with caution and to always do your own research before making any investment decisions.
