OKX ranks among the top 4 global cryptocurrency exchanges by trading volume, offering low fees and high liquidity. This guide covers two key workflows:
- Buying USDT with VND and selling USDT for VND (bank transfers).
- Trading crypto tokens directly on OKX.
How to Buy/Sell USDT for VND
Step 1: Deposit VND
- Link your Vietnamese bank account via OKX’s P2P platform.
- Select a verified merchant with competitive rates.
Step 2: Buy USDT
- Navigate to Buy Crypto > P2P Trading.
- Filter for USDT/VND pairs and choose an offer.
- Confirm transaction details and transfer VND to the seller’s account.
Step 3: Sell USDT for VND
- In the P2P dashboard, list your USDT at the desired price.
- Once a buyer pays VND to your bank account, release USDT from escrow.
How to Trade Crypto on OKX
Step 1: Deposit Crypto
- Go to Assets > Deposit and select the token (e.g., BTC, ETH).
- Send funds from an external wallet or another exchange.
Step 2: Place Orders
- Spot Trading: Navigate to Trade > Spot, select a pair (e.g., BTC/USDT), and enter order details (limit/market).
- Futures Trading: Under Derivatives, choose contracts and leverage.
Step 3: Monitor & Withdraw
- Track open orders in Order History.
- Withdraw profits to your bank or cold storage via Assets > Withdraw.
FAQs
Q: Is OKX safe for Vietnamese users?
A: Yes. OKX complies with global AML/KYC standards and offers P2P escrow protection.
Q: What’s the minimum USDT purchase on OKX?
A: Typically 10 USDT, but varies by seller.
Q: Are bank transfers instant?
A: Most Vietnamese banks process deposits within 15–30 minutes during business hours.
Q: How to reduce trading fees?
A: Hold OKB tokens (OKX’s native currency) for discounts.
Key Takeaways
- Use P2P for VND transactions to avoid intermediaries.
- Leverage spot/futures markets for diverse strategies.
- Always verify merchant reputations before trading.
Note: Avoid unverified links or third-party promotions.