The Importance and Purpose of OKX Know Your Customer (KYC) Verification
As a globally renowned digital asset trading platform, OKX (formerly OKEx) requires all users to complete Know Your Customer (KYC) verification. This measure is intended to comply with international regulatory requirements such as Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) regulations, ensuring the platform’s operational compliance.Through KYC, OKX can effectively prevent fraudulent activities, protect user assets, and provide users with more comprehensive trading services and higher transaction limits.
OKX KYC Levels and Benefits
The OKX platform offers multi-tiered KYC verification, which users can complete progressively according to their needs. The higher the verification level, the more trading features and higher limits are unlocked:
- Level 1: Basic Verification: Typically requires a government-issued photo ID. Upon completing basic verification, users can perform basic deposit and withdrawal operations.
- Level 2: Advanced Verification: Building on Level 1, this may require additional proof of address or a liveness check. Upon completing advanced verification, users typically gain access to higher trading limits; for example, P2P trading limits can be increased to 500 BTC and 100,000 USD within a 24-hour period.
- Level 3: Video Verification: Some users or those in specific regions may be required to undergo video verification to further enhance account security and increase transaction limits.
The platform recommends that users gradually complete the corresponding verification levels based on their trading needs to enjoy more comprehensive services.
Documents and Preparations Required for Identity Verification
Before proceeding with identity verification on the OKX app, please prepare the following documents and information:
- Government-issued photo ID: such as a passport, national ID card, or driver’s license. Please ensure the document is clear, not expired, and that the information matches what you provided during OKX registration.
- Proof of address (may be required): Such as a utility bill or bank statement issued within the last 3 months, clearly showing your name and address.
- Live selfie or facial scan (liveness detection): Used to verify that you are the actual holder of the ID document.
- Region-specific requirements: For example, U.S. residents may need to provide a Social Security Number (SSN).
Please ensure that the use of the OKX platform is permitted in your country or region, and prepare valid identification documents that comply with local regulations.
Detailed Steps for Real-Name Registration on the OKX App
Here are the detailed steps to complete identity verification on the OKX app:
- Download and Log In to the App: Make sure to download the latest version of the OKX app from official channels and log in to your account.
- Access the verification portal: Tap the profile icon in the top-left corner of the app’s home screen to enter [My Account] or navigate to [Account Settings] > [Profile] > [Identity Verification].
- Select Verification Level: It is generally recommended to start with Level 1 Basic Verification. Tap the “Verify” button for the corresponding level.
- Fill in Information and Upload Documents:
- Select your country/region.
- Following the on-screen prompts, upload a government-issued ID document (such as photos of the front and back of your ID card). Please ensure the photos are clear, free of glare, and unobstructed; all four corners of the document must be fully visible, the information must be clearly legible, and the document must not be expired.
- The system will automatically recognize the name and ID number on the document. Please check them carefully and manually correct any recognition errors.
- Facial Recognition Verification (Liveness Detection):
- Follow the on-screen prompts to take a real-time selfie or record a short video.
- Please ensure your face is fully visible (remove masks, glasses, and hats), that there is sufficient lighting, and follow the prompts to complete the specified actions (such as blinking, shaking your head, or opening your mouth).
- Submit and Wait for Review: After submitting all required documents, OKX will review your application. Most KYC applications are reviewed within 10–30 minutes, though complex cases may take up to 24 hours. You will typically be notified of the review result via email or an in-app notification.
Please note: To ensure a smooth verification process, we recommend that you perform these steps in an environment with a stable internet connection and ensure that the app is updated to the latest version.
