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How to Buy Bitcoin on OKEx Using Paxful

2020.06.29 OKEx

OKEx makes it easier than ever to buy Bitcoin with fiat currencies, thanks to our recent integration with Paxful. OKEx users can now buy Bitcoin with more than 160 fiat currencies, including the Turkish lira, the Indian rupee and the Argentine peso. Paxful offers convenient local payment methods such as bank transfers, domestic wires, online wallets and gift cards, among others.

Here is a step-by-step guide for purchasing crypto with Paxful and having it deposited directly into your OKEx account.

Step 1: Go to Buy Crypto 

Click on Buy/Sell in the main menu of the OKEx website, which is located immediately to the right of the OKEx logo.

Step 2: Select your fiat currency 

Next, select the fiat currency that you want to use to buy Bitcoin.

Step 3: Select Bitcoin

Next, simply select BTC from the drop-down menu of cryptocurrencies available for purchase on OKEx. 

Step 4: Enter the amount

After that, enter the amount of your chosen fiat currency that you wish to spend.

Step 5: Select a payment method

Once you have entered the amount of Bitcoin you wish to buy, select your Paxful-supported payment method — such as PayPal, bank transfer, Payeer, Skrill, etc. — from the drop-down menu.

Press Buy BTC to go to the next step.

Step 6: Go to Paxful to purchase

In this step, you will receive a list of the best offers for brokering your purchase. While on this page, you may still alter the amount you wish to spend and your preferred payment method. 

Select Paxful from the list of choices and click Purchase.

At this point, you will receive a notification that you will be directed from OKEx to Paxful to finalize the purchase. Once finished, the purchased crypto will be deposited directly into your OKEx account.

You must read and check the box that certifies that you “understand that Paxful is an exchange platform of fiat currency and cryptocurrency independently operated by a third party” and that “OKEx will not take any responsibility for any loss or damage caused by the use of this service.”

Next, click to pay on Paxful to finalize the purchase on Paxful’s platform.

Step 7: Finalize your payment on Paxful

Here, you’ll need to log in to or sign up on Paxful.

Thanks to a new integration, OKEx will automatically pass your email on to Paxful, where a new account will be automatically generated.

Please note: Paxful will apply a random password to your OKEx-synced account. In order to reset your password, you must click "forgot password" to reset it.

Finally, select a payment method and review the offer one more time. You’ll need to verify your account via your phone number to finalize the trade.

That’s it! Now you’re all set to trade on OKEx with your newly purchased Bitcoin from Paxful.

Disclaimer: This material should not be taken as the basis for making investment decisions, nor be construed as a recommendation to engage in investment transactions. Trading digital assets involves significant risk and can result in the loss of your invested capital. You should ensure that you fully understand the risk involved and take into consideration your level of experience, investment objectives and seek independent financial advice if necessary.

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