Step-by-Step Guide to Registering on OKX and Binance for Bitcoin Purchases

Introduction to Bitcoin Investment

The cryptocurrency market has witnessed Bitcoin reaching unprecedented heights, recently hitting around $76,000. This surge is partly attributed to favorable political developments, including the election of a U.S. president supportive of digital assets. As institutional investors increasingly embrace Bitcoin—evidenced by the approval of Bitcoin ETFs—the landscape for crypto investments continues to evolve.

For those looking to enter the Bitcoin market, this guide provides a comprehensive walkthrough for registering on top exchanges, completing identity verification, and executing your first Bitcoin purchase.

Part 1: Exchange Registration

Centralized exchanges like OKX (ranked #1 globally among Chinese users) and Binance (the world’s largest exchange) simplify Bitcoin purchases. Below are their registration processes.

OKX Registration Steps

1. Download the App: Search "OKX" in the App Store or Google Play.
2. Initiate Registration: Open the app, tap [Register/Login], then [Sign Up].
3. Enter Details: Select China as your region, accept terms, and proceed.
4. Invitation Code: Use 41322075 for a 20% lifetime trading fee discount.
5. Verify Phone/Email: Complete SMS or email verification.
6. Set Password: Create a secure password.

7. KYC Authentication:

   • Upload a clear photo of your ID card (front/back).
   • Follow on-screen instructions for facial recognition.

Binance Registration Steps

1. Download Binance App: Ensure you use the international version.
2. Start Registration: Tap [Register/Login] → [Create Account].
3. Invitation Code: Enter XC246CTG for fee benefits.

4. KYC Process:

   • Select "China" and "ID card" as document type.
   • Upload ID photos and complete face verification.

Part 2: Purchasing USDT

Before buying Bitcoin, acquire USDT—a stablecoin pegged 1:1 to USD—via peer-to-peer (C2C) trading.

Why USDT First?

• Acts as a bridge currency for crypto transactions.
• Accepted by most exchanges for altcoin purchases.

Buying USDT on Binance

1. Search "C2C" in the app and select USDT.
2. Enter amount (e.g., 100 CNY) and choose payment method (Alipay/WeChat/bank transfer).
3. Select a high-reputation vendor, complete payment, and confirm receipt of USDT.

Buying USDT on OKX

1. Navigate to [Buy Crypto] → [C2C Trading].
2. Input amount, select payment option, and pick a reliable seller.
3. Transfer funds and notify the seller for USDT release.

Part 3: Trading USDT for Bitcoin

Convert your USDT to Bitcoin via spot trading (avoid derivatives like contracts).

On Binance:

1. Search "BTC/USDT" (spot market).
2. Choose "Market Order" for instant purchase or "Limit Order" to set a target price.
3. Enter USDT amount (e.g., 10 USDT buys fractional Bitcoin).

On OKX:

1. Search "BTC/USDT" under spot trading.
2. Select "Market Order," adjust quantity, and click [Buy BTC].

Security Best Practices

• Enable 2FA (Google Authenticator/SMS).
• Use strong, unique passwords.
• Regularly review account activity.

👉 Secure your crypto investments today

FAQ Section

Q: Is KYC mandatory for buying Bitcoin?
A: Yes, all regulated exchanges require identity verification to comply with anti-money laundering laws.

Q: Can I buy Bitcoin without USDT?
A: While some platforms support direct fiat-to-BTC pairs, USDT offers broader liquidity and lower fees.

Q: How do I avoid scams in C2C trading?
A: Trade only with verified merchants and never release funds until USDT is received.

👉 Start trading safely on Binance

Final Notes: Stick to spot trading initially. Avoid leverage or complex instruments until you’re experienced. Happy investing!