OKX is an International cryptocurrency exchange and the next in the total volume after Binance. After this step-by-step tutorial, you will know how to register and submit KYC in the OKX exchange. The KYC will take up to 1-3 days to get verified. Though, even after your KYC in OKX gets completed you can use OKX to buy or sell cryptocurrencies like Bitcoin, Ethereum, Ripple with INR using P2P only. OKX is one of the biggest cryptocurrency exchanges earlier named OKEX. This article will also mention how to participate in OKX Jumpstart ICO token sales like the recent one Klaycity.
Note: If you are in India, I will recommend using either Bitbns or WazirX to buy bitcoin in India with INR and then transfer it to OKX to use OKX’s additional features just like buying ICOs from Jumpstart.
How to Register on OKX Exchange
Registering on OKX is a very easy process. Though, it is advised to register with someone’s invitation code for additional benefits. You can use this link to register on OKX to get up to a $50 welcome bonus when you complete certain tasks. The tasks will be like completing the identity verification, making the first deposit, making the first purchase, and something like that.
Here is a step-by-step guide on how to register on OKX.
Step I – Click this link and sign up on the page either with your email id or phone number.
Step II – Once you click sign up button, an OTP will be sent to your mail-id or phone. Submit that OTP and now you are successfully registered on OKX.
Why KYC/Identity verification needed in OKX
OKX works even without KYC but with limited functionality. Without identity verification, you can simply trade cryptocurrencies with other cryptos. You are allowed to deposit and withdraw cryptocurrencies freely. Apart from that to access all the other functionalities like P2P, Buying crypto with FIAT, or buying ICOs from OKX jumpstart you have to complete the identity verification.
Step-by-step guide on how to complete KYC in OKX
As mentioned earlier, to access OKX’s all features you need to complete and submit KYC. As soon as it gets verified from the OKX support you will access all of the OKX’s features including OKX Earn, Jumpstart, P2P, etc.
To complete verification KYC in OKX follow this step-by-step guide:
Step I – To complete KYC verification in OKX, you need to complete your identification. Click on the identification just like shown in the below image.
Step II – Choose Individual verification and then complete the Level 1 verification just like below. Put the exact name that your identity card has.
Step III – As you completed the Level 1 verification, now you have to move to Level 2. OKX Lvl2 verification requires access to your camera. As you need to capture and upload your identity document. If you submitted a passport or driving license then you have to capture the image of that document only. You can use both laptop and phone to capture the same.
Step IV – Submit the OKX KYC and wait for their mail. If there are any issues with your KYC OKX exchange will mail you to resubmit. If not they notify you that your OKX KYC is verified and now you can use all the functionality including OKX jumpstart.
Why KYC/Identification failed in OKX Exchange
There are chances that KYC verification failed in OKX. That’s either because of one of the following scenarios:
- When you have used id proofs other than mentioned in OKX.
- The data you provided doesn’t match with the data in the id proof provided.
- When the id proof image is not complete image showing all four corners.
Whatever will be the issue, an email will notify the issue and you have the chance to resubmit the KYC. While resubmitting, make sure to follow all the instructions completely.
What if OKX doesn’t support your national id
OKX usually supports all the national ids, but the ids that don’t have user images, date of birth, and addresses in English are simply get rejected. Though, it is always recommended to use a passport or driving license to get verified instantly. Make sure the image that you capture is clear so you can see the text and image showing all four corners.
OKX Exchange is one of the greatest exchanges with all the features that Binance has. Recently, there are more than 5 high return projects came to the OKX jumpstart. And it is better to be part of this. You can register and complete KYC in OKX to participate in their new token pools, use their futures, earn platform. You can use this link to register on OKX to get up to $50 as a welcome bonus.