China's attitude towards cryptocurrency is clear: virtual currencies do not have the status of legal tender and cannot be used as circulating currency. According to regulations issued by the People's Bank of China and other departments, virtual currency trading is considered illegal financial activity, and exchanges are not allowed to provide direct services to domestic residents. Nevertheless, it is not illegal for individuals to hold virtual currencies as virtual goods, and investors can participate in trading through compliant overseas platforms.
Choosing a compliant platform is key. OKX, as a leading global cryptocurrency exchange, offers multilingual support and a wide variety of trading options, earning the trust of users. Domestic users can access its services through mirror domains:
OKX latest official website entrance: https://jiedianbi.com/go/okx
Accessing via the navigation link provided by Node Coin is more convenient and avoids the hassle of frequent domain changes.
Registration and Identity Verification#
After entering the OKX official website, the registration process is simple. Click the "Register" button on the homepage, fill in your email or phone number, and set a secure password. It is recommended to enable two-factor authentication (2FA) by binding Google Authenticator or SMS verification to ensure account security.
Identity verification (KYC) is a necessary step for compliant trading. OKX requires users to upload identification documents (such as a passport) and complete facial recognition. Chinese users should note that the platform may restrict direct authentication using mainland ID cards and recommend using passports or Hong Kong, Macau, and Taiwan documents. If you do not have such documents, you can consult the platform's customer service for flexible solutions.
After completing registration and verification, you will unlock features such as fiat trading and spot trading, preparing you for subsequent cryptocurrency purchases.
Deposit and Fiat Trading#
The first step to purchasing cryptocurrency is to exchange RMB for stablecoins (such as USDT). OKX's C2C trading market supports fiat deposits, allowing users to directly purchase USDT via bank cards, Alipay, or WeChat. The steps are as follows:
- Enter the "Buy Crypto" page and select "C2C Trading."
- Filter sellers, prioritizing those with high reputation and large trading volumes.
- Enter the purchase amount, confirm the payment method, and complete the transfer.
- After successful payment, USDT will be transferred to your OKX account.
To ensure transaction security, it is recommended to conduct a small test before making large deposits. Once the deposit is complete, USDT can be used to purchase mainstream cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH).
Convenient Download of OKX APP#
Mobile trading is more flexible, and OKX provides a fully functional APP that supports real-time market viewing and quick trading. Domestic users can obtain the latest download link through Node Coin:
OKX APP domestic download link: https://jiedianbi.com/go/okxapp
After downloading, log in to your existing account to synchronize operations. The APP interface is intuitive, suitable for novice users to manage assets anytime. Be sure to update the APP to the latest version to ensure stable functionality and security.
Choosing the Right Cryptocurrency#
There are thousands of cryptocurrencies on the market, and beginners should focus on mainstream coins. Here are a few popular choices:
- Bitcoin (BTC): The "gold" of cryptocurrencies, with the highest market value, suitable for long-term holding.
- Ethereum (ETH): Supports smart contracts, has a wide range of applications, and great growth potential.
- Stablecoin (USDT): Pegged to the US dollar, with low volatility, suitable for short-term value storage.
On the spot trading page of OKX, select the target cryptocurrency, enter the purchase quantity, and confirm the transaction. It is advisable to diversify investments to reduce the risk of a single asset.
Asset Storage and Security Management#
After purchasing cryptocurrency, secure storage is crucial. OKX provides wallet services suitable for short-term trading users. If you plan to hold assets long-term, it is recommended to transfer them to a personal hardware wallet (such as Ledger or Trezor). When transferring, carefully verify the wallet address to avoid asset loss due to errors.
Additionally, regularly check account security and be wary of phishing websites and unknown links. The OKX official website navigation provided by Node Coin can effectively avoid the risk of counterfeit websites.
Trading Strategies and Risk Control#
The cryptocurrency market is highly volatile, and developing a trading strategy can enhance returns and reduce risks. Beginners can try the following methods:
- Dollar-Cost Averaging: Invest a fixed amount weekly or monthly to average costs, suitable for long-term investors.
- Take Profit and Stop Loss: Set profit and loss points to avoid emotional trading.
- Stay Informed on Market Trends: Use the news section of OKX to get industry news and price trends.
Do not blindly chase price increases or decreases; maintaining rationality is crucial. It is advisable to keep investment amounts within an affordable range to avoid over-leveraging.
Summary Analysis#
Chinese users need to operate within a compliant framework when purchasing cryptocurrencies, and choosing a reliable platform is the first step to success. OKX, with its global layout and convenient services, has become the preferred choice for domestic investors. Through the OKX official website entrance and APP download link provided by Node Coin, users can quickly access the platform and enjoy an efficient trading experience.
Although policy restrictions add challenges to trading, the legality of individual holding of virtual currencies retains space for investors to participate in the market. In the future, cryptocurrency market regulations may become clearer, and investors should continuously monitor policy dynamics and adjust strategies flexibly. Rational investment and a focus on security are essential for steady progress in this opportunity-filled market.