Taiwan OKX Euronext Complete Introduction: Teaching, Deposit and Buy Currency, Security, Handling Fee to understand at once

Preface:

Hello everyone, my name is Mike. This post is a complete guide to help those of you in Taiwan better understand the OKX euro exchange in Taiwan. Cryptocurrency investing may seem complicated, but once you get the gist of it, you'll realize that it's a market with a lot of potential. I hope this article can help you get started step by step, from registration to trading, financial management, and security protection, all in one go!

I. Introduction of OKX Euronext

Founded in 2017, OKX is one of the world's leading cryptocurrency trading platforms. In addition to providing basic spot trading functions, OKX also covers a wide range of investment options such as contract trading, lending, and pledge income, etc. OKX is known for its stable trading system, efficient technical support, and high liquidity, and has been favored by global investors, especially Taiwan's cryptocurrency enthusiasts.

The OKX Advantage

1. Multiple Trading Options: spot, contract trading, DeFi blockchain applications.
2. Safety and security: Cold wallet protection, 2FA verification and asset insurance.
3. Multi-language support: Includes a traditional Chinese interface to provide a user-friendly experience for Taiwanese users.

II. Taiwan OKX Exchange Registration and Identity Verification Process

Registering for an OKX account is very simple and requires only basic personal information:

Step 1: Register for an account
Go to OKX official website, click "Register", choose to register by email or cell phone number, and set a secure password. After confirmation, the system will send you a verification code, which you need to enter on the registration page to complete the verification.

Step 2: KYC Verification
In order to comply with financial regulatory requirements, OKX requires users to undergo KYC verification (identity authentication), which is an important measure to protect users' assets. During the KYC verification process, users are required to provide their ID card or passport photo and take a selfie for facial recognition.

Benefits of completing KYC

• Higher withdrawal limits are available.
• Access to more investment tools such as contract trading and wealth management products.
• Increase account security and minimize risk.

III. How to Deposit and Buy Coins on OKX Exchange

OKX supports multiple deposit methods for the convenience of Taiwan users:

Fiat money deposits: a convenient way to buy currencies

1. Purchase of coins by credit card: OKX supports direct purchase of cryptocurrencies by Taiwanese users using Visa or MasterCard.
2. Bank Transfer: Some third-party payment platforms can also support Taiwan Dollar transfers, and users can choose to purchase coins at a relatively low handling fee.

Cryptocurrency Deposit: Transfer to Existing Digital Assets

If users already have crypto assets in other wallets or exchanges, they can choose to transfer them to the OKX platform, which is simple and convenient.

Coin Purchase Process

1. Go to the "Quick Buy" screen and select "Fiat Currency Trading".
2. Select the cryptocurrency you want to buy and the quantity and click "Buy".
3. Complete the payment using the selected payment method and the digital asset will be automatically credited after the transaction is completed.

IV. Functions of Taiwan OKX Trading Platform

OKX has a variety of trading functions, the following is the introduction of the mainstream functions:

Spot Trading

Suitable for those who prefer stable investment, spot trading allows for the purchase and sale of various currencies, suitable for long-term investment or short-term arbitrage.

Contractual Transactions

OKX provides contract leverage trading up to 125 times, which is suitable for advanced investors. With contract trading, investors can go long or short in both directions and make money from the ups and downs.

DeFi Applications and the NFT Market

OKX offers a variety of DeFi and NFT trading options, allowing users in Taiwan to explore the potential of Decentralized Finance (DeFi) or trade digital art and collectibles in the NFT market.

Financial Products

OKX has also launched a variety of wealth management products, including "Yu Cin Bao", which allows investors to pledge their idle assets on the platform for stable returns.

V. Analysis of Security of OKX Assets

Multi-Level Security Measures

OKX is known for its strong security and its asset protection measures include:

1. Cold wallet technology: 90% or more digital assets are stored in cold wallets, isolated from the network and protected from hackers.
2. Multi-signature technology: Transaction transfers are subject to multi-party authentication to enhance the security of funds.
3. Asset insurance mechanism: In the event of damage to the platform's assets, the insurance mechanism will compensate users for their losses.

User self-safeguards

• Enable two-step validation (2FA): Users are advised to enable 2FA for account security.
• Enable Email Notification: Email notifications are sent for all logins and transactions, making it easy for users to detect abnormal behavior in real time.

VI. OKX TaiwanHandling Fee at a Glance and Money Saving Tips

OKX offers a flexible fee policy for different levels of investors. Below is a list of common fees:

Spot Handling Fee
The general user handling fee for spot trading is 0.1%, which will be automatically reduced once the user's trading volume reaches a certain standard.

Contract Handling Fee
The handling fee for contract trading varies according to the leverage ratio and trading frequency.

Tips to Save Money on Handling Fee

1. Use OKB Discount: Discounts are available for using OKX platform currency OKB to pay the handling fee.
2. Upgrade VIP Level: VIP will be automatically upgraded when a certain trading volume is reached each month, and the handling fee will be reduced as well.

VII. Advanced Use: Financial Products and Investment Tools

Remaining Money

OKX offers Earn, a financial product that allows users to deposit digital assets into the platform to earn stable income. It is suitable for users who have more idle funds and want to earn income when the market is stable.

Lending Services

OKX provides a lending service that allows users to pledge idle assets and obtain liquidity. Investors can also increase leverage through loan operations to realize diversified investment needs.

Automated Trading and Strategic Trading

Taiwan investors can use the strategy order function to set up automatic buy and sell strategies, suitable for investors with long-term positions during market volatility. These tools help users diversify their risks and achieve solid growth.

VIII. Frequently Asked Questions

Q1：Can Taiwan users use OKX's fiat deposit function?
Yes, Taiwan users can use credit card, bank transfer and cooperative third-party payment channels for easy deposit.

Q2: Is the risk of trading contracts on OKX Taiwan high?
Contract trading involves leveraged operations and carries a high level of risk. Novice traders are advised to familiarize themselves with the market volatility before attempting.

Q3：How are the handling fees for OKX Taiwan?
Handling fees vary according to the user's VIP level and the trading pair used, with a minimum of 0.1% for spot trading.

IX. Conclusion: How should Taiwanese investors choose OKX?

OKX is a versatile and trustworthy cryptocurrency trading platform. For Taiwan users, its traditional Chinese interface, supported payment methods, and a wide range of trading tools make OKX one of the ideal choices for cryptocurrency investment in Taiwan. OKX has strong security and is a reliable and reliable cryptocurrency trading platform.